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3624 University St - 3624 N University St 0.59 Acres of Commercial Land Offered at $884,736 CAD in Peoria, IL 61604
Investment Highlights
- High Visibility - 45,000+ Vehicles Daily
- Contiguous, Larger Parcels to the East and Southeast
- Shovel-Ready with Completed Access Roads and Utilities Stubbed to the Boundary
- TIF District
Executive Summary
Secure your position at Peoria’s busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street. Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer’s contract.
Property Facts
| Price | $884,736 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.59 AC |
| Property Type | Land | ||
| Zoning | C-2 - Commercial | ||
| Price | $884,736 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.59 AC |
| Zoning | C-2 - Commercial |
1 Lot Available
Lot 2
| Price | $884,736 CAD | Lot Size | 0.59 AC |
| Price Per AC | $1,499,552.58 CAD |
| Price | $884,736 CAD |
| Price Per AC | $1,499,552.58 CAD |
| Lot Size | 0.59 AC |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 14-29-401-021 | Improvements Assessment | $0 CAD |
| Land Assessment | $442,111 CAD | Total Assessment | $442,111 CAD |
Property Taxes
Parcel Number
14-29-401-021
Land Assessment
$442,111 CAD
Improvements Assessment
$0 CAD
Total Assessment
$442,111 CAD
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3624 University St - 3624 N University St
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