1839 1/2 HIGHVIEW RD Active Save Request In-Person Tour Request Virtual Tour
East Peoria,IL 61611
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $77
MLS Listing ID PA1241786
Originating Board rmlsa
Year Built 1964
Annual Tax Amount $1,098
Tax Year 2021
Lot Size 7.850 Acres
Acres 7.85
Property Sub-Type Commercial
Property Description
Possible owner financing with acceptable offer. Unique property offering in East Peoria city limits. Property has been under current ownership since 1959. Property and acreage has so many use possibilities. City has already turned down any deals related to Event center, microbrewery, etc. City of East Peoria would like to see this as a residential redevelopment. Close proximity to Illinois Central College makes it an ideal student housing or section 42 development. With a little vision this 7.85 acres near Illinois Central College has so many options. Property is private and features commercial kitchen, large event space, bar area, outdoor pavillion and ample parking. Upper level flex area could be business office or converted to on site living space. Direct traffic counts of 4500+ CPD ~ Nearing intersection counts of 6500+ CPD. Current owners relocating, creating a great opportunity for new owners on this unique offering. Current property taxes reflect partial fraternal exemption. Buyer responsible for zoning verification for intended use.
Location
State IL
County Tazewell
Area Paar Area
Zoning Commercial
Direction Centennial to Highview
Interior
Heating Electric,Gas
Cooling Central Air
Flooring Carpet,Tile/Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site,Gas,Phone Connected,Sewer Connected,Water Connected
View true
Roof Type Composition Shingle
Garage 1
Building
Lot Description Other Easements/Restr,Level
Building Description Block,Vinyl Siding,Frame, Cable
Faces Centennial to Highview
Sewer Public Sewer
Water City Water/Connected
Structure Type Block,Vinyl Siding,Frame
Others
Tax ID 01-01-23-200-014
Security Features Yes