Introducing a Prime Investment Opportunity for Multi-Family Development in Dunlap School District. Property Details MLS#: PA1244084 Lot Size: 1.09 acres (comprising two parcels) Zoning: R6 (Allows for Single Family, Duplex, Townhouse, and Apartment) Location: Peoria, Illinois Exceptional Location Nestled in the heart of the prestigious Dunlap School District, this residential income lot offers an outstanding investment prospect. Its prime location, adjacent to an established apartment building, ensures that your development will thrive. Plus, its proximity to major highways guarantees convenient connectivity throughout Central Illinois, attracting tenants and future residents. Versatile Development Opportunities With a generous 1.09 acres of land spread across two parcels, the possibilities are endless. Whether you’re considering single-family homes, duplexes, townhouses, or apartment buildings, this property offers a versatile canvas to bring your vision to life. The R6 zoning allows you the flexibility to explore a wide range of multi-family development options. Infrastructure Simplified Developers will appreciate the convenience of readily available infrastructure. Electricity, water, and sewer connections are already at the lot lines, streamlining the development process and minimizing initial costs. This ensures a hassle-free experience in realizing your multi-family project.Educational Excellence being situated within the Dunlap School District
TULIP Trail Dunlap, IL 61525
Price Reduced
For Sale
TULIP Trail
Dunlap, IL 61525
Price: $40,000
Type:
Commercial Sale
Commercial
Lot Size (Acres): 0.52
Agent:
Carolyn Catton
Agent Phone: 309-696-0761
Agent Email: carolyn@cattongroup.com
Broker:
Realty Executives Acclaimed
Broker Phone: 309-760-0700
Broker Email: carolyn@cattongroup.com