Address
3624 N University Street Peoria, IL
Price
$ 1,495,000
Property Attributes
  • MLS#PA1228122
  • TypeCommercial
  • CountyPEORIA
  • CityPeoria
  • AreaPAAR Area
  • Zip61614
  • StyleCommercial
  • Taxes$ 43029
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.44 Acres
Listing Provided Courtesy Of:
The Kim Group
Data Source:
Peoria MLS (PEMLS)
Property Description

BE A PART OF THE REDEVELOPMENT OF WAR MEMORIAL & UNIVERSITY! THE ENTIRE ALMOST 5 ACRE PARCEL AREA IS BEING REDEVELOPED WITH GRADES COMING DOWN TO JUST ABOVE STREET LEVEL, ACCESS ROAD BEING CONSTRUCTED FOR BETTER TRAFFIC FLOW AND SITE ACCESS AND POTENTIAL TO CONNECT TO WAR MEMORIAL DRIVE DIRECTLY IS IN PROGRESS WITH THE TIF DISTRICT CREATION. LOT 2 & 3 TOTAL 2.443 ACRES OR YOU CAN PURCHASE LOT 2 (1.31 ACRES) OR LOT 3 (1.133 ACRES) SEPARATELY. THE REDEVELOPMENT WILL HAVE ACCESS ROAD COMPLETE WITH UTILITY ROUGH-IN STUBBED TO OUTLOT BOUNDARY. BE A PART OF THE REDEVELOPMENT OF THIS HIGHLY DESIRABLE CORNER!

Price History
8/21/2021 Listed $1,495,000

General Features

City Peoria
County Peoria
Current Financing Cash Only, Conventional
Current Use Commercial
Days on Market 4
Directions LOCATED AT THE SOUTHEAST CORNER OF WAR MEMORIAL DRIVE AND NORTH UNIVERSITY
Lot Size Square Feet 197762.4
Mlsareaminor PAAR Area
Ownership Type Corporation
Property SubType Commercial
Property Type Commercial Sale
Sewer Public Sewer
Showing Instructions Appointment Only, Sign on Property, Vacant
Standard Status Active
Status Active
Street Name UNIVERSITY
Tax Annual Amount 43029.76
Tax Year 2017
Utilities Electric to Site, Gas to Site, Phone Connected, Sewer Connected, Water Connected
Water Body Name ***
Zoning Commercial

Interior Features

Street Suffix Street

Exterior Features

Frontage Type City Street, Corner Lot, Frontage Road, Other, Paved 4Lane
Lot Features Level, Other, Sloped, Access
Lot Size Acres 2.44
Water Source Municipal/City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 61614

Price
AVG $360K
$1.5M
Taxes
AVG $12,414
$43,029
Visits
AVG 33
9
Walkscore
AVG 46
69
Data Provided by Walkscore ® not using MLS data

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