5,026 sqft

$950,000

1001 E WAR MEMORIAL Drive, Peoria Heights IL, 61616

Price per sqft$189.02

Property size5,026 sqft

Property typeCommercial

Courtesy of RE/MAX Traders Unlimited, Listing Contact:

Overview

Active

Listed Sep 22, 2023

Updated Aug 15

Excellent investment and/or development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These two parcels total 0.74 acres and are zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). The strip center commercial building is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. This hard corner property features daily traffic counts of over 25,000. This would be an ideal development location for a gas station, drive-thru, restaurant or larger retail operation. This property had been listed prior as 4 total parcels - the sale has now been split between 1001 E War Memorial and 1015 E War Memorial for the other 2 parcels.

Other Property Details

Taxes: $22,018
Tax Frequency: Annually
Municipality: 9N

Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:59 AM UTC on 8/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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