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1506 N Knoxville Ave 1.75 Acres of Commercial Land Offered at $2,769,000 CAD in Peoria, IL 61603
INVESTMENT HIGHLIGHTS
- Full block strategically positioned at the intersection of Knoxville Avenue & Pennsylvania Avenue, across from OSF hospital and near the I-74 exit
- Situated within the East Village Growth Cell TIF (2034), this property offers developers substantial incentives, ideal for commercial development
EXECUTIVE SUMMARY
Prime commercial land, cleared and ready for development that includes the entire block located at the intersection of Knoxville Avenue (Route 40) and Pennsylvania Avenue. This block sits directly across the street from the OSF hospital campus and the I-74 Knoxville Exit. These 8 parcels total 1.75 acres, zoned CG General Commercial. Property is located in the East Village Growth Cell - TIF (2034) offering developers many significant incentives.
PROPERTY FACTS
| Price | $2,769,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.75 AC |
| Zoning | CG - General Commercial | ||
| Price | $2,769,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.75 AC |
| Zoning | CG - General Commercial |
1 LOT AVAILABLE
Lot
| Price | $2,769,000 CAD | Lot Size | 1.75 AC |
| Price Per AC | $1,582,285.74 CAD |
| Price | $2,769,000 CAD |
| Price Per AC | $1,582,285.74 CAD |
| Lot Size | 1.75 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $180,869 CAD | Total Assessment | $180,869 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$180,869 CAD
Improvements Assessment
$0 CAD
Total Assessment
$180,869 CAD
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1506 N Knoxville Ave
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