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Land for Sale in East Peoria, Illinois
Pinecrest Dr, East Peoria, IL 61611
$2,146,500
27 acres
Active sale
$543k drop
Est $15,196/moApproximately 27 acres of desirable land zone R4 multi family. East Peoria City limits. Property included in East Peoria Enterprise Zone which includes 1. Waiving 50% building permit fees. 2. Property tax abated 100% on improvements to site for 5 years upon all final inspections. 3. Sales taxes on building materials purchased in Il waived if used in Enterprise Zone. Developer ready and Infrastructure in place includes city water, natural gas, sewer and electricity EP fire station located on the corner of Mueller Rd and Pinecrest Dr.
Location
- Street address
- Pinecrest Dr
- County
- Tazewell County
- Zip code
- 61611
- Elevation
- 627 feet
Directions
Interstate I 74 to Pinecrest Dr, to E Muller Rd, turn right. Property on your right
Property details
- Acreage
- 27.06 acres
- Zoning
- Multi-Family
- MLS #
- PAAR PA1265431
- Posted
Property taxes
- 2025
- $1,067
Parcels
- 05-05-10-306-020
Legal description
S10 T25N R4W tract A Pt of E 1/2 SW 1/4 27.03 acres
Details and features
Listing
- Type
- Land
Lot
- Features
- Trees-Moderate
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
Nearby schools
| Name | Type |
|---|---|
| East Peoria Comm | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 2, 2026 | Price drop | $2,146,500 | $542,500 -20.2% | PAAR |
| Apr 7, 2026 | New listing | $2,689,000 | — | PAAR |
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