N. Centerway Drive, Peoria, IL, 61615

N. Centerway Drive Peoria, IL 61615

N. Centerway Drive, Peoria, IL, 61615
N. Centerway Drive, Peoria, IL, 61615
FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,198,038
Last Verified:
Oct 02, 2024

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Highlights

  • 8.41 Acres flat ground
  • Office/Retail location
  • Great new development
  • Accessed by lighted intersection

Description

8.41 Acres for sale near Schnuck's in North Peoria/Dunlap area.

North Peoria location on the corner of Centerway Drive and Wilhelm. This location is near newly developed shopping center which includes Schnuck's, OSF Urgo, CVS, Walgreens, and several restaurants.

Lot Size: 8.41 acres


Documents

8.41 Acres Centerway

Map of N. Centerway Drive, 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.