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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

THREE parcels of land in the heart of the charming Village of Peoria Heights Business District.. 0.63 acres.
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
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
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.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 14-22-381-023
  • 14-22-381-017
  • 14-22-381-018
Land Assessment
$68,720 CAD
Improvements Assessment
$0 CAD
Total Assessment
$68,720 CAD
  • Listing ID: 39053394

  • Date on Market: 2026-01-12

  • Last Updated:

  • Address: 1219-1221 Sciota Ave, Peoria Heights, IL 61616

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