10023 N Knoxville Ave, Peoria, IL, 61615

10023 N Knoxville Ave Peoria, IL 61615

10023 N Knoxville Ave, Peoria, IL, 61615
10023 N Knoxville Ave, Peoria, IL, 61615 10023 N Knoxville Ave, Peoria, IL, 61615
FOR SALE
Property Type:
Other Land
Amount:
$1,500,000
Last Verified:
Nov 16, 2023


Description

5.79 acres of flat buildable commercial land located in North Peoria, IL.
Prime location for commercial development with C-2 zoning designation and utilities all nearby.
Mohr and Kerr Engineering has recently performed a subsurface soil and groundwater investigation with the report revealing favorable subsurface conditions for development.
Property is surrounded by retail, office, medical and hotels among others.
Full 7 parcel 5.79 acre site available for sale as a package deal or seller will divide and offers individual parcels
13,100 CPD on Knoxville Ave.

MOUNT HAWLEY MANOR NW 1/4 SEC 32-10N-8E BEG SW COR LOT 49: TH N 224.97' E 169.23' SE 117.23' & 107.93' W 180.54' TO POB PT LOTS 49 & 50

Lot Size: 5.79 acres


Documents

10023 Knoxville LAND Brochure_NOV2023.pdf

Map of 10023 N Knoxville Ave, Peoria, IL, 61615

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.