Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These four parcels total 1.41 acres and are all zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). There are currently two buildings on the property. One is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. The other is an oversized garage on the rear of the property from the previous home that had been on the parcel. This property provides two hard corners with multiple road accesses and daily traffic counts of over 25,000. This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.
1001 WAR MEMORIAL Drive Peoria Heights, IL 61616
1217 5TH Street Lacon, IL 61540
Turn-key property for your business with several sought-after features: 2 acres, large parking lot, building of over 7300 sq ft on main floor, partial basement for additional storage, 800 amp 3 phase electric, 75 kW natural gas generator, zoned heating and cooling, sprinklers and a commercial kitchen. Last used as a restaurant with furnishings, fixtures and equipment (FF&E) that can be conveyed with the property including custom bar, multiple walk-in coolers, walk-in freezer, tables, chairs, fryers, grill, cookware and dishware. Property is located along state highway 17, next to the Dollar General, close to Marshall County Airport and the popular destination lake community of Lake Wildwood.
627 LAKE Avenue Peoria, IL 61614
This sale includes the land, two buildings and the bar business – Hangover’s. All FF&E are included in the sale which includes coolers, equipment, TVs and more. The bar (629 E. Lake) has an active group of clients for both playing gambling machines and for dart leagues. The upper level is currently the bar business and the main level bar is not open. The main level presents more opportunities for bar, restaurant or other businesses. 627 E. Lake is a beauty shop that is currently leased by a long term tenant who is looking to stay.
ROUTE 116 East Peoria, IL 61611
23.12 acre tract of land currently zoned R-4. The acreage is located along the Southeast side of the exit between Main Street/Hwy 150 and Hwy 24/Boyd Parkway, between Serenity Assisted Living and Memory Care and the Villanueva Subdivision. The east side of the property touches the ICC campus. Survey available to show buildable sites and utilities. Easement for entrance access is located near the end of Access Rd. 6 (near Serenity). See survey for utility actual locations on or near site.
SHERIDAN Road Peoria, IL 61614
High visibility location on Sheridan! 5 vacant parcels 1.09 acres total : 3 zoned 0-1 for Arterial Office .62 acre and 2 zoned R3 Residential .47 acre. Parcels are all interconnecting: 1421354003, 1421354004, 1421354005, 1421354013, 1421354010.
456 FULTON Street 350 Peoria, IL 61602
Office condominium directly across the street from City Hall and the Peoria Civic Center. Close to everything downtown! Multiple offices and conference room. Ideal location for a law firm or professional office. Owner will offer $500 relocation credit on first month rent. High end office furniture is included or can be removed prior to closing.
456 FULTON Street 350 Peoria, IL 61602
Office condominium directly across the street from City Hall and the Peoria Civic Center. Close to everything downtown! Multiple offices and conference room. Ideal location for a law firm or professional office. Owner will offer $500 relocation credit on first month rent. High end office furniture is included in the lease or can be removed prior to leasing.
4507 STERLING Avenue 103 Peoria, IL 61615
This office/retail space in the 4507 N Sterling Professional Building has been updated and remodeled, and is now ready for new tenants. The 1200 sq. ft. unit has its own separate exterior entrance, restroom, kitchenette, key fob door access and ample parking. The unit could be an ideal space for a coffeeshop or cafe to serve businesses and clients in the building and neighborhood (no commercial kitchen). *Photos with flooring have been photoshopped for perspective, the floor is concrete as shown in other photos.
506 MARIETTA Avenue Garage (Re Peoria Heights, IL 61616
980 Sq. Ft. industrial space for lease in Peoria Heights. This space would be a ideal as a workshop, warehouse, or garage space. The unit has its own man door and 10′ X 11′ overhead garage door w remote accessible from the rear alley behind the building. Utilities are included (Ameren Electric only – no water in this unit) in this gross lease at $1000 per month, but there is no separate heat or air conditioning units for the space. The main garage section is approximately 26′ x 16′ 5″ and the warehouse area with metal shelving is 29′ x 19′. There is a screen unit for garage door.
600 HIGH Street Peoria, IL 61606
This apartment complex is a historic building from 1900 on High Street in the Peoria West Bluff Historic District. The fully occupied 10 unit property features 8 long term rental units and 2 furnished medium term rental units currently in a rotation for travelling nurses. Two of the units are located in the carriage house and there are two additional spaces (basement of the carriage house and the owners office with full bathroom) that could be utilized as additional rentable spaces . The pride in ownership can be seen from the upkeep of the exterior of the buildings and grounds, to the great relationships with tenants. There are 12 total parking spaces. The current cap rate on this investment is 11.00%. Please see associated documents for more information on income and expenses.