N. Centerway Drive, Peoria, IL, 61614

N. Centerway Drive Peoria, IL 61614

N. Centerway Drive, Peoria, IL, 61614
N. Centerway Drive, Peoria, IL, 61614 N. Centerway Drive, Peoria, IL, 61614
FOR SALE
Property Type:
Other Land
Amount:
$1,244,073
Last Verified:
Oct 16, 2024

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Description

1.68 Acres available as an out lot near the new Schnucks retail center. Great potential for retail development.

This land just off Knoxville (Route 40) in North Peoria is just minutes from Route 6 with easy access to Allen Road, Route 29, Interstate 74. Neighbors include McDonald’s, Walgreens, Northminster Presbyterian Church, and St. Jude Catholic Church. Also nearby are Schnucks, Northwoods Community Church, Walmart, and a number of apartment complexes.

Lot Size: 1.68 acres


Documents

Centerway Drive Sale

Map of N. Centerway Drive, 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.