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3624 N UNIVERSITY Street Peoria ,
Illinois IL 61614 Status Active
Acres
2.440
County Peoria
Property Type Commercial Sale
Property Sub Type Commercial
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!
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
Commercial
Frontage Type
City Street, Corner Lot, Frontage Road, Other, Paved 4Lane
Lot Features
Level, Other, Sloped, Access
Lot Size SqFt
197762.4
Utilities
Electric to Site, Gas, Phone Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Farm
no
100 Year Flood Plain
No
Directions
LOCATED AT THE SOUTHEAST CORNER OF WAR MEMORIAL DRIVE AND NORTH UNIVERSITY
Buyer Agency Compensation
3.000000
Current Use
Commercial
Documents Available
Aerial Photos, Appraisal, Demographics, Environmental Study, Legal Description, Survey, Topo Map, Traffic Counts
Section
29
Tax Annual Amount
43029.76
Tax Incentive
Enterprize Zone
Tax Year
2017
Current Financing
Cash Only, Conventional
Net Operating Income
-43030
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Thursday, March 23rd, 2023.
Listed by: The Kim Group realestate@thekimgroup.com