• 3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
    3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
    3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
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    Listed by Justin Ball • RE/MAX Traders Unlimited
    $640,000
    Est. payment /mo
    0.59 Acres Lot
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    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PA1266061

    Lot Size 0.590 Acres

    Acres 0.59

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Secure your position at Peoria's busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street. Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is a 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer's contract.

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning C-2

    Direction SE corner of War (Rte 150) and University

    Interior

    Fireplace N

    Exterior

    Utilities Available Electricity Connected, Natural Gas Connected, Other Connected, Phone Connected, Sewer Connected, Water Connected

    View true

    Garage 1

    Building

    Lot Description Access, Level, Sloped

    Faces SE corner of War (Rte 150) and University

    Sewer Public Sewer

    Water Municipal/City

    Others

    Tax ID 14-29-401-034


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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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