402 Center St East Peoria, IL 61611
- Commercial land
- 3,648 SF
- 4.00 lot acres
Current Use by Public Records
- Commercial land
Property Details for 402 Center St
- Year built
- 1947
- Lot size
- 4.00 lot acres
- Property size
- 3,648 SF
- Property type
- Commercial land
- APN
- 01-01-32-308-001
- APU
- 10132308001
Description
This exceptional 4-acre parcel presents a rare opportunity for industrial development in East Peoria, Illinois. Strategically located between Caterpillar's East Peoria facility and the railroad, this M2-zoned property offers unparalleled access to transportation and a skilled workforce. The site boasts existing utilities, including a readily available fire hydrant, ensuring a smooth transition for any project. A pre-existing concrete pad remains from a previous structure, potentially reducing initial development costs. The property's APN is 01-01-32-308-001. The asking price for this vacant land is $400,000. Its convenient location, coupled with the existing infrastructure, makes this an ideal site for a variety of industrial uses. The property is zoned for manufacturing and commercial purposes, providing flexibility for potential buyers. This is a unique chance to acquire a well-situated, ready-to-develop industrial site in a thriving Illinois community. The address is 402 CENTER Street, East Peoria, IL 61611. The property is classified as industrial land with commercial and manufacturing subtypes.
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
- East Peoria
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.591
- Latitude
- 40.6641
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
