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    1911 LINCOLN AVE, Peoria, IL 61605
    1911 LINCOLN AVE, Peoria, IL 61605
    1911 LINCOLN AVE, Peoria, IL 61605
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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353
    Listed by Justin Ball • RE/MAX Traders Unlimited
    $275,000
    Est. payment /mo
    1,550 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1,550 sqft

    Price per Sqft $177

    MLS Listing ID PA1260252

    Annual Tax Amount $2,666

    Tax Year 2024

    Lot Size 0.630 Acres

    Acres 0.63

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    This investment property includes the 1,550 SF conveinence store and a large parking lot, totalling 0.63 acres, on the hard corner at the intersection of Western Ave. and Lincoln Ave. (State Route 116). This successful tenant has a new 5 year lease at $2750/mo and tenant pay all utilities. There is a 5 year option that includes a dramatic lease rate increase. Average annual daily traffic count (AADT) is 11,450. This property is located in the Peoria Urban Enterpise Zone Amendement 9 (PUEZ 9) which featuers incentives for developers. The sale includes two parcels - 1911 Lincoln & 1913 Lincoln (1807483033).

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning CN Comm

    Direction Corner of W. Lincoln Ave. (Route 116) and S. Western Ave.

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Concrete, Other, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle

    Garage 1

    Building

    Faces Corner of W. Lincoln Ave. (Route 116) and S. Western Ave.

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Block,Ornamental Block,Other,Frame

    Others

    Tax ID 18-07-483-033

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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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