5947 N. Allen Road, Peoria, IL, 61614

5947 N. Allen Road Peoria, IL 61614

5947 N. Allen Road, Peoria, IL, 61614
5947 N. Allen Road, Peoria, IL, 61614
FOR SALE
Property Type:
Commercial Land Development
Amount:
$300,000
Last Verified:
Sep 27, 2024

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Highlights

  • 18.19 acres available
  • ±2 acre section has been cleared
  • Access the property off of Allen Road

Description

18± acres for sale near Midwest Orthopedics. Visible from Northmoor and War Memorial Drive.

This piece of land is located near the intersection of Northmoor & Allen Road. The property is also near the corner of War Memorial and Allen Road.

Lot Size: 18.19 acres


Documents

5947 Allen Rd

Map of 5947 N. Allen Road, Peoria, IL, 61614

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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.