2020 W War Memorial Drive Peoria, IL $ 925,000
2020 W War Memorial Drive
$ 925,000
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2020 W War Memorial Drive

Peoria, IL, 61614
$ 925,000
Baths0.0

Monthly Estimate*

$ 6,461

2020 W War Memorial Drive, Peoria, IL 61614 - Image 1
2020 W War Memorial Drive, Peoria, IL 61614 - Image 2
Studio

Commercial Property for sale in Peoria, IL

for $925,000. This building was built in 1970 on a lot size of 1.25.

26,216 brick former office building with approval to convert to senior housing. Ample parking with 55 spaces. Desirable location with easy access to I-74, Northwoods Mall, Westlake Shopping Center, several hotels and area restaurants. Fully furnished one bedroom apartment for ownership on the 3rd floor! Seller knows the owner of the land behind the property as well (approximately 1.2 acres). They may have interest in selling the land.

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Commercial Active

Price

$ 925,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,082

Style

Office

Lot Size

1.25

Year Built

1970

Town/City

Peoria

County/Region

Peoria

MLS | Web ID

12040109

Features
General
Cooling Central Air
Zoning MULTI
Year Built 1970
Tenant Pays Varies by Tenant
Stories 3
Township Peoria
Tax Year 2022
Current Use Office
County Peoria
Net Operating Income 0
Operating Expense 999
Property Type Commercial Sale Instut/To Develop
Possible Use Elderly Housing
Status Active
Directions From 74 Exit N on N Sterling Ave then turn E on access road around Northwoods Mall. Follow access road to Teamster Dr and turn S. Property will be on the SW side of Teamster.
City Peoria
MLS Area Peoria
Street Name War Memorial
Tax Annual Amount 27082
Additional Parcels Y/N N
Days on Market 4
Standard Status Active
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Exterior
Lot Dimensions 57935
Lot Size Acres 1.25
Exterior Brick
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Interior
Street Suffix Drive
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* Excluded Features
List By
Keller Williams Premiere Properties

Broker

office.mccann@gmail.com;Office@McCannPropertiesInc.com

Email

Affordability Calculator

$8,718
Per Month
74%
26%
0%
Monthly Principal & Interest
$6,461
Monthly Property Taxes
$2,257
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$925,000 Listed Price

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2020 W War Memorial Drive, Peoria, IL, 61614 is a Commercial Property for sale at $925,000 with a lot size of 1.25. 2020 W War Memorial Drive is a studio with 0.0 baths and was built in 1970. The property's zip code is 61614 which is in Peoria, IL