bedrooms
0
bathrooms
0
square feet
4,200
Acreage
7.85
Open Houses
-
year built
1964
Full Baths
0
Half Baths
0
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 | |
Subdivision | - |
County | Tazewell |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: PA1241786
Listing agent:
Amber Neal
#475178998
Listing broker:
Jim Maloof Realtor
(309) 692-3900
Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, March 30 2025 at 7:18 p.m. EDT
Kotohomes National
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