3500 Griffin Ave Pekin, IL 61554
- Land
- 11.03 lot acres
Current Use by Public Records
- Land
Property Details for 3500 Griffin Ave
- Lot size
- 11.03 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 11.03-acre parcel of land presents a compelling investment opportunity in Pekin, Illinois. Located at 3500 Griffin Ave, Tazewell County, this property boasts a highly desirable B3 zoning designation, opening doors to a wide range of commercial and industrial development possibilities. The APN is 11-11-07-111-008, and the property is conveniently situated in a rapidly growing area. The site itself is relatively flat, simplifying development plans, and essential utilities are readily accessible nearby. Recent development in the immediate vicinity includes the construction of hotels and a fitness center, indicating a strong and expanding local economy. This prime location, combined with the substantial lot size and favorable zoning, makes this property an ideal choice for developers seeking to capitalize on the area's growth potential. The asking price for this exceptional land parcel is $599,000. The zip code is 61554. This is a rare opportunity to acquire a significant land holding in a thriving Illinois community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pekin
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.5959
- Latitude
- 40.5491
