2606 Altorfer DrPeoria, IL 61615

  • Commercial real estate
  • 2.89 AC

Property Details for 2606 Altorfer Dr

Lot size
2.89 AC
Property type
Commercial real estate
APN
14-06-300-015
APU
1406300015

Description

This exceptional 55-acre parcel, located at 2606 W Altorfer Dr, Peoria, IL 61615, presents a unique investment opportunity. The property is zoned I-1, offering significant flexibility for various commercial and industrial uses. Its strategic location provides excellent access to rail transportation, a significant advantage for businesses requiring efficient logistics. Furthermore, the land boasts frontage on the future Pioneer Parkway Extension, promising enhanced visibility and accessibility once the extension is complete. The expansive acreage allows for considerable development potential, and the property is divisible, catering to a range of project sizes and needs. This is a rare opportunity to acquire a large, well-located industrial parcel in Peoria County, Illinois, with the potential for substantial returns. The property is being offered for sale by owner, providing a streamlined transaction process. Detailed zoning information and site plans are available upon request. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $26,017,764
    Hospitality
    $23,832,132
    Educational
    $19,828,054
    Medical
    $20,509,970
    Retail
    $30,843,638

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.789
Longitude
-89.6334
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,781
$78,740
$412,930
$491,670
-
$236,220
$1,238,790
$1,475,010

FAQs

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