1101 W War Memorial Dr - Commercial LAND FOR SALE


Peoria, IL 61604- West Peoria25,700 SF
$700,000 USD
217-403-3379
1101 W War Memorial Dr, Peoria, IL for Sale
$700,000 USD
Commercial LAND - FOR SALE
1/7
25,700 SF

1101 W War Memorial Dr
Peoria, IL 61604
West Peoria


HIGHLIGHTS

  • Located at one of the busiest intersections in Peoria with 45,000 vehicles per day.
  • Corner parcel within an active redevelopment featuring Dutch Bros Coffee.
  • Surrounded by national retailers such as Walmart, McDonald’s, and Hobby Lobby.
  • Infrastructure in place with access road and utility connections to site.
  • Positioned within a TIF district, offering potential development incentives.
  • Easy access to Interstate 74 and major regional destinations.

OVERVIEW

An outstanding opportunity awaits with 0.59 acres of commercial land positioned at one of Peoria’s busiest intersections, War Memorial Drive and University Street. This signalized corner sees over 45,000 vehicles daily, providing exceptional exposure for a wide range of retail or service concepts. The site is part of a broader redevelopment anchored by Dutch Bros, which has already secured Lot 1, creating strong co-tenancy and customer draw. Developers and investors will appreciate the site’s readiness, featuring infrastructure improvements including an access road and utility rough-in. Located within an established TIF district, this property carries significant development incentives. Its proximity to regional shopping, established national brands, and major arterial corridors enhances the long-term value proposition. With direct connectivity to Interstate 74 and surrounding consumer hubs, this parcel offers superior positioning for sustained success.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/ACRE

$1,186,441/AC

PRICE/SF

$27 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.59 AC

LAND SF

25,700 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-2

APN/PARCEL ID

14-29-401-021

ASK ABOUT THIS PROPERTY

Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3379

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Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.