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4150 N Sterling Ave 1.53 Acres of Commercial Land Offered at $1,800,000 in Peoria, IL 61613
Investment Highlights
- Prime 1.535-acre outparcel at Northwoods Mall in Peoria’s leading retail corridor
- Flexible development options for multi-tenant retail or ground lease
- Strong food synergy with Portillo’s, Chipotle, Chick-fil-A, Panera, & Mission BBQ
- Exceptional visibility and access from North Sterling Avenue and Highway 74
- Surrounded by top national brands including Portillo’s, Chick-fil-A, and Chipotle
- Strong trade area demographics with over 120,000 residents within five miles
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 1.53 AC |
| Price Per AC | $1,176,470.59 |
| Price | $1,800,000 |
| Price Per AC | $1,176,470.59 |
| Lot Size | 1.53 AC |
High-profile 1.535-acre outparcel at Northwoods Mall
Description
The site is ideally suited for a proposed multi-tenant retail building or ground lease configuration, offering flexibility for investors seeking long-term value in a thriving trade area. With a sale price of $1,800,000, this parcel provides a rare chance to secure a strategic location adjacent to Northwoods Mall, which features major anchors such as JCPenney and Hibbett Sports. The surrounding trade area boasts strong demographics, including a population of over 120,000 within five miles and a median household income exceeding $62,000. This combination of visibility, accessibility, and consumer demand positions the property as a compelling acquisition for developers and retail investors alike.
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4150 N Sterling Ave
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