Fantastic Peoria Heights location on busy Prospect Rd. Perfect corner location in the one of this area's most popular spots for dining and retail. Plenty of parking available and located in TIF and Business Development District.
Courtesy: Freedom Realty
309-585-2281
Amazing multi-family community with Marina on the Illinois River in Peoria Heights with 10 apartments, a large luxurious house, and a giant boat barn. Great cash flow already with unbelievable potential to add to profits. Tons of recent improvements, lots of additional income can be generated with getting the Marina back active and leasing out additional boat barn storage. Agent Owned
The current owners have put siginificant work and upgrades into this neighborhood storage facility located in Peoria Heights, IL. The property features 89 self storage units and 4 additional leaseable spaces for warehouse or commercial use. There is a 65' x 50' two story warehouse building, a 5,500 sq. ft. building with 3 contractor bays, a second floor storage unit at 1,600 sq. ft., and a commercial unit with 2 offices, kitchen and full bathroom/shower. This business has favorable supply statistics and several new developments within a 5 mile radius. The property provides room to expand with outdoor leasing or construction of new units. There are also several contiguous properties that provide options for expansion in the small industrial zoned area surrounded by neighborhoods. Gross Income, Operating Expense and NOI in listing are pro forma.
This investment includes 4 condo units in a building with 12 total residential condos and one commercial business unit. These 4 new construction luxury condos are just steps away from restaurants, boutiques, & amenities in Peoria Heights. Nearby destinations include rooftop bars, Tower Park, Rock Island Trail (26 miles long), Junction City Shopping Center & Keller Station, and Country Club of Peoria. 3 units are currently long term rentals and 1 unit is leased by a property management group as a short/medium term rental. Seller financing available with preferable rates and terms. Pro forma IRR with seller financing or interest only financing produces IRR > 24% after 5 years. See the Offering Memorandum for more information and photos.
GREAT LOCATION for this centrally located office. Main floor 2092 sq.ft. of potential office space along with 1516 sq.ft. basement partially finished with plenty of storage. Over 1600 sq.ft. of parking for numerous cars. Walking distance from the heart of Peoria Heights. Previously used as dental office. Newer ac units and updated signage. Come take a look at this solid building in popular Peoria Heights! Agent related to seller.
Great opportunity for a bar/restaurant on Galena Road! Located right down the road from the yacht and canoe club with a sizable parking lot around back. Great deck out front offers views of the Illinois River. Contents inside the building are also negotiable. Schedule an appointment to come see this one today!
Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These four parcels total 1.41 acres and are all zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). There are currently two buildings on the property. One is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. The other is an oversized garage on the rear of the property from the previous home that had been on the parcel. This property provides two hard corners with multiple road accesses and daily traffic counts of over 25,000. This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Peoria Heights is located in Illinois. Peoria Heights, Illinois has a population of 5,940. Peoria Heights is less family-centric than the surrounding county with 27.5% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Peoria Heights, Illinois is $51,826. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Peoria Heights is 40.4 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 37.7 inches per year, with 23.5 inches of snow per year.
