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5423 Wood Sage RdPeoria, IL 61615

Three Peoria lots, C1, O1, & R3 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
124
Exceptional investment opportunity encompassing three strategically located land parcels on West Wood Sage Road in Peoria, Illinois, 61615. This prime real estate offers a diverse range of development possibilities due to its flexible zoning designations. Lot 401, spanning 10.97 acres, is zoned C1, presenting significant potential for commercial development. Priced at $7.25 per square foot, this lot offers substantial returns. Lot 4B, encompassing 5.93 acres and zoned O1, provides flexibility for various uses, including open space or specific commercial ventures. This lot is priced competitively at $4.25 per square foot. Finally, Lot 3B, a 6.28-acre parcel zoned R3, is ideal for residential development, offering a strong return on investment at $4.00 per square foot. The property's advantageous location near Orange Prairie Road and Route 91, coupled with its proximity to a thriving retail area in Northwest Peoria, ensures high visibility and accessibility. This presents a unique chance to capitalize on the growth and development within this dynamic area of Peoria County. The combined acreage and diverse zoning options make this an exceptional opportunity for investors seeking a high-yield, multi-faceted project.

Highlights

  • Three strategically located land parcels totaling 23.18 acres on West Wood Sage Road, Peoria, IL 61615.
  • Lot 401 (10.97 acres, C1 zoning): $7.25/SF, ideal for commercial development.
  • Lot 4B (5.93 acres, O1 zoning): $4.25/SF, flexible zoning for various uses.
  • Lot 3B (6.28 acres, R3 zoning): $4.00/SF, suitable for residential development.

Property Details for 5423 Wood Sage Rd

Property type
Land

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.795554221921
Longitude
-89.679027167646
5423 Wood Sage Rd, Peoria, Illinois

FAQs

What type of property is this?
Land - Three Peoria lots, C1, O1, & R3 zoning.
Where is the land located?
The property is located at 5423 Wood Sage Rd Peoria, IL.
What are key features of this property?
This property features: Three strategically located land parcels totaling 23.18 acres on West Wood Sage Road, Peoria, IL 61615.; Lot 401 (10.97 acres, C1 zoning): $7.25/SF, ideal for commercial development.; Lot 4B (5.93 acres, O1 zoning): $4.25/SF, flexible zoning for various uses.
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5423 Wood Sage Rd
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