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N University St
Peoria, IL 61604
Land For Sale
·
4.88 AC
Investment Highlights
- Peoria's Highest Traffic Count Intersection
- Potential to Connect to War Memorial Directly
- Access Road Being Constructed for Better Traffic Flow
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 3 | Total Lot Size | 4.88 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.88 AC |
| Zoning | Commercial |
3 Lots Available
Lot 2 & 3
| Price | $1,250,000 | Lot Size | 2.44 AC |
| Price Per AC | $512,295.08 |
| Price | $1,250,000 |
| Price Per AC | $512,295.08 |
| Lot Size | 2.44 AC |
Area is being redeveloped with grades coming down to just above street level, access road being constructed for better traffic flow and site access and potential to connect to War Memorial drive directly is in progress with the TIF district creation.
Lot 2
| Price | $999,500 | Lot Size | 1.31 AC |
| Price Per AC | $762,977.10 |
| Price | $999,500 |
| Price Per AC | $762,977.10 |
| Lot Size | 1.31 AC |
Area is being redeveloped with grades coming down to just above street level, access road being constructed for better traffic flow and site access and potential to connect to War Memorial drive directly is in progress with the TIF district creation.
Lot 3
| Price | $349,000 | Lot Size | 1.13 AC |
| Price Per AC | $308,849.56 |
| Price | $349,000 |
| Price Per AC | $308,849.56 |
| Lot Size | 1.13 AC |
Area is being redeveloped with grades coming down to just above street level, access road being constructed for better traffic flow and site access and potential to connect to War Memorial drive directly is in progress with the TIF district creation.
Description
The entire almost 5 acre Parcel area is being redeveloped with grades coming down to just above street level, access road being constructed for better traffic flow and site access and potential to connect to War Memorial drive directly is in progress with the TIF district creation. Lot 2 & 3 total 2.443 acres or you can purchase lot 2 (1.31 acres) or lot 3 (1.133 acres) separately. The redevelopment will have access road complete with utility rough-in stubbed to out lot boundary.
Property Taxes
| Parcel Number | 14-29-401-021 | Improvements Assessment | $0 |
| Land Assessment | $320,840 | Total Assessment | $320,840 |
Property Taxes
