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1101 W War Memorial Dr
Peoria, IL 61604 West Peoria

$700,000 USD

Land For Sale  •  0.59 AC

Property Details

  • Property Type Land
  • Lot Size 0.59 AC
  • Zoning C-2
30 Transit Score
50 Walk Score

Description

The property consists of 0.59 acres of commercially zoned land located at 1101 W War Memorial Dr in Peoria, IL. It lies within a redevelopment project that includes a Dutch Bros Coffee at the intersection of War Memorial Drive and University Street. This corner features high traffic with approximately 45,000 vehicles daily. The lot is accessible via Florance Avenue and an internal access road. Utilities are roughed-in to the site, and the property is located within a Tax Increment Financing (TIF) district. Nearby uses include national retail, dining, and service operators, and the parcel has connectivity to Interstate 74. Nearby neighborhoods include Biltmore Heights and St. Philomena School area.

Highlights

Located at one of the busiest intersections in Peoria with 45,000 vehicles per day.
Corner parcel within an active redevelopment featuring Dutch Bros Coffee.
Surrounded by national retailers such as Walmart, McDonald’s, and Hobby Lobby.
Infrastructure in place with access road and utility connections to site.
Positioned within a TIF district, offering potential development incentives.
Easy access to Interstate 74 and major regional destinations.

Property Flyers

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 20 min - 9.0 mi
Nick Ragle 217-403-3379 Coldwell Banker Commercial Devonshire Realty
Nick Ragle 217-403-3379 Coldwell Banker Commercial Devonshire Realty