Cornerstone Court, Peoria, IL, 61614

Cornerstone Court Peoria, IL 61614

Cornerstone Court, Peoria, IL, 61614
Cornerstone Court, Peoria, IL, 61614 Cornerstone Court, Peoria, IL, 61614 Cornerstone Court, Peoria, IL, 61614 Cornerstone Court, Peoria, IL, 61614 Cornerstone Court, Peoria, IL, 61614
FOR SALE
Property Type:
Commercial Land Development
Amount:
$411,642
Last Verified:
Oct 19, 2024

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Highlights

  • 2.40 acres total
  • 1.89 acres buildable
  • Sale price reflects buildable acres

Description

2.40 acres available for sale. Great location for your next office. Access off cul de sac but visibility from Allen Road.

Cornerstone Court is located off of Allen Road in North Peoria. This area is made up of several automobile dealerships, office parks, and retailers. Businesses include O'Brien Toyota, Land Rover, Lexus, Maloof Commercial Real Estate, Keller Williams, Teverbaugh OB/GYN, IRS Administration building, and Orthodontics Ltd.

Lot Size: 2.4 acres


Documents

2.40 Acres Cornerstone Ct

Map of Cornerstone Court, 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.