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4615 N Prospect Road

Peoria Heights, IL 61616
  • $2,400,000
  • STATUS: Active
  • ON SITE: 160 Days
  • ID#: PA1245684
UPDATED: 31 min ago
$2,400,000
  • 0
    BEDS
  • 1.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

PRIME COMMERCIAL PROPERTY FOR SALE IN THE HEART OF PEORIA HEIGHTS BUSINESS DISTRICT. With its unbeatable location among a thriving community of restaurants, shops, and businesses, this is an amazing NEW redevelopment. Located in the center of Village's bustling business district, it is an unmatched and strategic location. High visibility on Prospect Road with an impressive 163' frontage. MODERN RENOVATION: This property is undergoing a complete transformation featuring a clean and modern exterior. With its large footprint of just over 1 acre, a buyer will have endless opportunities for further development. The property's PRIVATE PARKING LOT, with 81+ spaces is a sought after amenity making is easy for the businesses and customers who reside here. INVESTMENT POTENTIAL: With a booming local economy and a continuously growing business district, this property promises not only stable income but also substantial appreciation in value over time.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-05T07:45:10.63.
www.brysonsmithteam.com/homes/143730574
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4615 N Prospect Road Peoria Heights, IL 61616

  • Price: $2,400,000
  • Status: Active
  • On Site: 160 Days
  • Updated: 31 min ago
  • ID#: PA1245684
0
Beds
0
Baths
0
½ Baths
1.01
Acres
1970
Built
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
PRIME COMMERCIAL PROPERTY FOR SALE IN THE HEART OF PEORIA HEIGHTS BUSINESS DISTRICT. With its unbeatable location among a thriving community of restaurants, shops, and businesses, this is an amazing NEW redevelopment. Located in the center of Village's bustling business district, it is an unmatched and strategic location. High visibility on Prospect Road with an impressive 163' frontage. MODERN RENOVATION: This property is undergoing a complete transformation featuring a clean and modern exterior. With its large footprint of just over 1 acre, a buyer will have endless opportunities for further development. The property's PRIVATE PARKING LOT, with 81+ spaces is a sought after amenity making is easy for the businesses and customers who reside here. INVESTMENT POTENTIAL: With a booming local economy and a continuously growing business district, this property promises not only stable income but also substantial appreciation in value over time.
Exterior Features

Construction Materials BrickBlockFrame Roof Flat

Interior Features

Building Area Total 18724 Cooling Central AirIndividual Units Flooring ConcreteReinforced Concrete Heating Forced AirIndividual Unit

Property Features

100 Year Flood Plain No Agent Owned No Building Name PROSPECT MALL Financing Cash OnlyConventional Frontage Type City StreetCorner LotFrontage RoadPaved 4Lane Irregular Lot YN No Levels OneBasementFree StandingMulti-Tenant Lot Size Remarks Parcel w/ Improvements: 163'x108' Parcels w/ Paved Parking Lot: 210'x125' Vacated Alley: 125'x12' Possible Use Freestanding BuildingOfficeRetailBar/TavernRestaurant Sewer Public Sewer Tax Annual Amount 26942.2 Tax Incentive1 Yes Tax Legal Description SEIBERLINGS ADD SW 1/4 SEC 22-9-8E LOTS 1-2-3-4-5-6-7-8-9-10-11 BLK 6 Tax Year 2022 Type Commercial Water Source City Water/Connected Zoning COMMERCIAL

Listing provided courtesy of Julie Bielfeldt of Keller Williams Premier Realty: Pref: 309-360-6686.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-05T07:45:10.63.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616