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1219-1221 Sciota Ave 0.63 Acres of Commercial Land Offered at $516,742 CAD in Peoria Heights, IL 61616



Investment Highlights
- Location. Location. Location. In the heart of Peoria Heights Business District
- Level lot with unlimited possibilities
- Incentives: TIF, Business Development District, Enterprise Zone District
Executive Summary
Layered in Incentives: TIF, BDD (Business Development District) and EZ District.
Walking distance to restaurants, shops, summer outdoor concerts/entertainment, parks, bike paths, etc. Surrounding residential to the west and thriving businesses to the east. Zoned B-2 and R-2.
The vacant land spans the length of a city block with plenty of access points from north and south city streets along with alley access.
Property Facts
| Price | $516,742 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.63 AC |
| Property Type | Land | ||
| Zoning | B-2 - B-2 general retail business district to provide adequate and reasonable regulations for those business areas along Prospect Rd. Includes B-1 uses. | ||
| Price | $516,742 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.63 AC |
| Zoning | B-2 - B-2 general retail business district to provide adequate and reasonable regulations for those business areas along Prospect Rd. Includes B-1 uses. |
1 Lot Available
Lot
| Price | $516,742 CAD | Lot Size | 0.63 AC |
| Price Per AC | $820,226.19 CAD |
| Price | $516,742 CAD |
| Price Per AC | $820,226.19 CAD |
| Lot Size | 0.63 AC |
THREE parcels of level land with ingress/egress from north and south city streets and alley access.
Description
A combination of three parcels located in the heart of Peoria Heights, IL... a charming and vibrant Village in Central Illinois that has captured the attention of restaurants, businesses, shops, etc. A walkable community that boasts parkland, bike trails and outdoor concerts. These 0.63 acres span the length of a city block with ingress/egress from the north and south streets in addition to alley access. An opportunity to develop and bring forward your vision. Incentives: TIF, BDD (Business Development District), Enterprise Zone District.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $68,720 CAD | Total Assessment | $68,720 CAD |
Property Taxes
Presented by
1219-1221 Sciota Ave
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