300 Camp StEast Peoria, IL 61611

For Sale
$540,000
0.7-acre lot, high visibility, $540,000

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 0.7-acre commercial land parcel, located at 300 W Camp St in East Peoria, Illinois (zip code 61611), presents a unique development opportunity. Situated on a prominent corner, this site enjoys high visibility at the entrance to the Levee District, a thriving commercial area. The property boasts a 30,000 square foot lot size, zoned B-3, and offers significant potential for various commercial developments. A building of up to 2,500 square feet with a drive-through, or up to 4,000 square feet without a drive-through, is feasible. The location benefits from a high traffic count exceeding 21,000 cars per day, ensuring excellent exposure for any business. Its proximity to Downtown Peoria and its position within the Peoria Metro Market further enhance its appeal. This prime location offers an exceptional value proposition for developers, particularly given the availability of incentives such as Tax Increment Financing (TIF) and Enterprise Zone benefits. The asking price is $540,000, translating to $18 per square foot of land value. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area.

Highlights

  • Prime Levee District location.
  • High-visibility street frontage on the Peoria-bound side.
  • Minutes from Peoria's downtown core.
  • Available tax incentives including TIF and Enterprise Zone benefits.

Property Details for 300 Camp St

Property type
Land
Lot Size (sq. ft)
30,492 SF

Location Insight

City
East Peoria
County
Tazewell
State
Illinois
Latitude
40.671969
Longitude
-89.58045
300 Camp St, East Peoria, Illinois

FAQs

What type of property is this?
Land - 0.7-acre lot, high visibility, $540,000
Where is the land located?
The property is located at 300 Camp St East Peoria, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Prime Levee District location.; High-visibility street frontage on the Peoria-bound side.; Minutes from Peoria's downtown core.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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300 Camp St
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