• 1001 E WAR MEMORIAL DR, Peoria Heights, IL 61616
    1001 E WAR MEMORIAL DR, Peoria Heights, IL 61616
    1001 E WAR MEMORIAL DR, Peoria Heights, IL 61616
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    Listed by Jessica Ball • RE/MAX Traders Unlimited
    $1,050,000
    Est. payment /mo
    5,026 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5,026 sqft

    Price per Sqft $208

    MLS Listing ID PA1245573

    Annual Tax Amount $20,651

    Tax Year 2024

    Lot Size 0.740 Acres

    Acres 0.74

    Lot Dimensions 145x270x136x263

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Excellent investment and/or development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These two parcels total 0.74 acres and are zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). The strip center commercial building is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. This hard corner property features daily traffic counts of over 25,000. This would be an ideal development location for a gas station, drive-thru, restaurant or larger retail operation. This property had been listed prior as 4 total parcels - the sale has now been split between 1001 E War Memorial and 1015 E War Memorial for the other 2 parcels.

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning B-2

    Direction War Memorial & Monroe

    Interior

    Heating Forced Air, Natural Gas, None

    Cooling Central Air, None

    Flooring Carpet, Concrete, Other, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle,Flat,Sloped

    Garage 1

    Building

    Lot Description Level, Sloped

    Faces War Memorial & Monroe

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Brick,Concrete,Glass,Vinyl Siding,Frame

    Others

    Tax ID 14-27-180-038


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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