2901 Prospect RdPeoria, IL 61603

Property Details for 2901 Prospect Rd

Year built

1950

Property type

Land

Description

This exceptional commercial property, located at 2901 N PROSPECT Road, Peoria, IL 61603, presents a unique investment opportunity. The property consists of a 1950-built building situated on a sizable lot, currently configured as a church. The building features steel and concrete floors, offering significant structural integrity. While the exact square footage of the basement (approximately 2696 sq ft, including a walkout addition) and upper mezzanine area (approximately 890 sq ft) are not included in the overall square footage, they represent substantial additional space. The property includes three HVAC systems, ensuring climate control throughout. The ample parking lot, currently accommodating approximately 30 vehicles, offers potential for expansion with restripping. Accessibility features include a handicap-accessible ramp and designated parking spaces in the rear. Recent upgrades include a new water heater (2023), upgraded electrical systems, and fiber optic capabilities. Many valuable items will remain with the sale, including approximately 100 newer chairs and all kitchen appliances. (Note: piano and upper-level bedroom furniture are excluded). The baptismal font is also present. This property offers significant potential for various commercial uses, given its size, location, and existing infrastructure. The property is priced at $299,900.

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.7223

Longitude

-89.5761

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