205 Western Avenue Ave - Commercial LAND FOR SALE


Peoria, IL 61605- West Peoria10,019 SF
$1 USD
305-206-1286
205 Western Avenue Ave, Peoria, IL for Sale
$1 USD
Commercial LAND - FOR SALE
1/9
10,019 SF

205 Western Avenue Ave
Peoria, IL 61605
West Peoria


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Dollar General Adjacent Parcel | 12K VPD | Peoria, IL | AUCTION MARCH 24-26, 2025
  • ±0.23 Acres of Land adjacent to Dollar General in Peoria, IL
  • ±12,278 VPD Traffic Counts on S Western Ave; 2 Miles West of I-74
  • Retailers Nearby: Walgreens, Harvest Market, Auto Zone, Advance Auto Parts, McDonald’s, and more
  • Attractive Demographics with Population of ±117,735 Individuals and Annual Household Income of ±$62,562 (5-Mile Radius)

OVERVIEW

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.23-acre land parcel located at 205 S Western Avenue (the “Property”) in Peoria, Illinois. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±0.23-acre parcel situated adjacent to Dollar General with access and visibility on South Western Avenue with traffic counts of 12,278 vehicles per day and near the signalized intersection of Martin Luther King Jr Dr with an additional 6,000 vehicles per day. The Property benefits from proximity to Walgreens, Harvest Market, Auto Zone, Advance Auto Parts, McDonald’s, and more. The Property benefits from highly favorable R4, Single-Family Residential (high-density) zoning that allows for a wide variety of uses including duplex, single-family detached, day care center, elderly housing, and many more. Peoria, Illinois, is the largest city along the Illinois River and serves as a major economic hub in central Illinois. With a diverse economy, strong healthcare and manufacturing sectors, and ongoing revitalization efforts, Peoria offers attractive investment opportunities across multiple asset classes. The Property benefits from strong demographics with a population of 117,735 residents and an average household income of $62,562 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/ACRE

$4/AC

PRICE/SF

$0.00010 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

$1 Auction – Dollar General Adj Land | Peoria

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.23 AC

LAND SF

10,019 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.