114 Stratford DrPeoria, IL 61614

Property Details for 114 Stratford Dr

Lot size

0.63 AC

Property type

Commercial real estate

APN

14-28-191-001

APU

1428191001

Description

This stunning three-story Neo-Mansard style office building, located at 114 W Stratford Drive in Peoria, Illinois, presents a unique investment opportunity. Boasting 8,916 square feet of meticulously maintained space, this property enjoys unparalleled visibility at the corner of Knoxville Avenue (IL Rt. 40) and War Memorial Drive (IL Rt. 24), experiencing a daily traffic count of 49,300 vehicles – the highest in the city. The building's architectural elegance is complemented by modern functionality, including convenient elevator access to all three floors and handicap accessibility. A substantial brick-paved parking lot provides ample space for tenants and clients. The interior is adaptable to a wide range of commercial uses, from professional offices to medical practices. Partial fire suppression systems are in place for enhanced safety. The 0.67-acre lot is situated at the entrance to The Knolls Heritage Neighborhood, offering a prestigious address and excellent access. This property combines sophisticated design with practical features, making it an exceptional investment for discerning buyers. The asking price is $1,400,000.

• Alternative Use

  Use

  Valuation

  Residential

  $5,671,752

  Hospitality

  $5,195,294

  Educational

  $4,322,424

  Medical

  $4,471,078

  Retail

  $6,723,770

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.7324

Longitude

-89.5947

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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