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W Lake Ave 1.7 Acres of Commercial Land Offered at $296,208 in Peoria, IL 61615
INVESTMENT HIGHLIGHTS
- Tremendous visibility and exposure to Interstate 74 and immediate access to the Sterling Interstate 74 interchange.
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$1,552
|
$912.94
|
| Operating Expenses |
$100
|
$58.82
|
| Total Expenses |
$1,652
|
$971.76
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $1,552 |
| Annual Per AC | $912.94 |
| Operating Expenses | |
|---|---|
| Annual | $100 |
| Annual Per AC | $58.82 |
| Total Expenses | |
|---|---|
| Annual | $1,652 |
| Annual Per AC | $971.76 |
PROPERTY FACTS
| Price | $296,208 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.70 AC |
| Property Type | Land | ||
| Zoning | C-2 - commercial | ||
| Price | $296,208 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.70 AC |
| Zoning | C-2 - commercial |
1 LOT AVAILABLE
Lot 1430101005
| Price | $296,208 | Lot Size | 1.70 AC |
| Price Per AC | $174,240.00 |
| Price | $296,208 |
| Price Per AC | $174,240.00 |
| Lot Size | 1.70 AC |
Located near highest concentration of retail in the market. Over 400 retailers, 70 restaurants and 12 hotels within one mile.
DESCRIPTION
Exceptional interstate visibility to Interstate 74 and Sterling Avenue interchange – the only interstate Highway in metro market of over 400,000 people. Suitable for variety of commercial development. Up to 20,000 ft.² building seven laid out on owner/developers studies to date. Alternately, heavily and beautifully wooded lot to be developed the high-rise smaller footprint. Easy and immediate access to four-lane Westlake St., Sterling Avenue the Sterling Avenue Interstate 74 interchange. Interstate 74 pylon and/or monument signage possible.
PROPERTY TAXES
| Parcel Number | 14-30-101-005 | Total Assessment | $17,160 |
| Land Assessment | $17,160 | Annual Taxes | $1,552 |
| Improvements Assessment | $0 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Presented by
W Lake Ave
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