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Mixed-Use Land for Sale in Peoria, Illinois

8215 N Allen Rd, Peoria, IL 61615

$1,300,000
3 acres
Active
Est $10,250/mo

Prime Commercial Development Opportunity.Located in one of Peoria's busiest commercial districts, this 3-acre property offers 340 feet of frontage along N Allen Rd, with an impressive 18,000 vehicles passing daily. Its strategic position ensures high visibility and accessibility for various commercial ventures. The property is zoned for commercial use, making it ideal for retail, office, or mixed-use developments. Billboard on property generates $4200 in income. This property represents a rare opportunity to establish a presence in a high-traffic area with excellent growth potential. Property is located in Medina Plains TIF district

Location

Street address
8215 N Allen Rd
Elevation
804 feet
Coordinates
40.7876, -89.632

Directions

Allen Rd just north of Pioneer Parkway - west side of road

Property details

Acreage
2.92 acres
Zoning
C2
MLS #
PAAR PA1256370
Posted

Property taxes

2023
$16,526 - Pioneer Industrial Park Sec 7 Sw 1/4 Sec 6-9-8E 2.966 Ac Lot 1

Parcels

  • 14-06-300-011

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Level

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Mar 7, 2025New listing$1,300,000PAAR
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This 2.92-acre property is located at 8215 N Allen Rd in Peoria, IL 61615. The property is available for sale for $1,300,000 with a price per acre of $445,205.

Checked 7 hours ago — Updated

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