402 Center StEast Peoria, IL 61611

Property Details for 402 Center St

Year built

1947

Lot size

4.00 AC

Property size (Sq ft)

3,648 SF

Property type

Commercial land

APN

01-01-32-308-001

APU

10132308001

Description

This exceptional 4-acre parcel presents a rare opportunity for industrial development in East Peoria, Illinois. Strategically located between Caterpillar's East Peoria facility and the railroad, this M2-zoned property offers unparalleled access to transportation and a skilled workforce. The site boasts existing utilities, including a readily available fire hydrant, ensuring a smooth transition for any project. A pre-existing concrete pad remains from a previous structure, potentially reducing initial development costs. The property's APN is 01-01-32-308-001. The asking price for this vacant land is $400,000. Its convenient location, coupled with the existing infrastructure, makes this an ideal site for a variety of industrial uses. The property is zoned for manufacturing and commercial purposes, providing flexibility for potential buyers. This is a unique chance to acquire a well-situated, ready-to-develop industrial site in a thriving Illinois community. The address is 402 CENTER Street, East Peoria, IL 61611. The property is classified as industrial land with commercial and manufacturing subtypes.

• Alternative Use

  Use

  Valuation

  Residential

  $753,946

  Hospitality

  $690,611

  Educational

  $574,580

  Medical

  $594,341

  Retail

  $893,791

Location Insight

City

East Peoria

County

Tazewell

State

Illinois

Latitude

40.6641

Longitude

-89.591

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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