Peoria IL Centerway Dr Peoria, IL 61615

This 1.68-acre commercial land parcel in Peoria, Illinois, is ideally situated near the new Schnucks retail center, offering exceptional visibility and accessibility. Located off Knoxville Avenue (Route 40) in North Peoria, the property enjoys convenient access to major thoroughfares including Allen Road, Route 29, and Interstate 74. The C-2 zoning allows for a variety of commercial uses, making it suitable for retail or office development. The property's strategic location benefits from a high volume of traffic and proximity to established businesses such as McDonald's, Walgreens, Northminster Presbyterian Church, St. Jude Catholic Church, Northwoods Community Church, and Walmart, as well as several apartment complexes. The asking price is $1,244,074, representing a land value of $19 per square foot. This represents a compelling investment opportunity in a thriving Peoria market. The property's size and location present significant potential for developers seeking a prime location for a new commercial venture. The area's strong demographics and established infrastructure further enhance the property's value and appeal.