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514 W Main Street

Peoria, IL 61606
  • $999,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: PA1265504
UPDATED: 32 min ago
$999,000
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-21T06:45:22.603.
www.ashleycoker.com/homes/175035435
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514 W Main Street Peoria, IL 61606

  • Price: $999,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 32 min ago
  • ID#: PA1265504
0
Beds
0
Baths
0
½ Baths
1.65
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.
Exterior Features

Construction Materials BrickStoneFrame Roof Other

Interior Features

Building Area Total 31333 Cooling Central Air Flooring Concrete Heating Forced AirNatural Gas

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type Paved 2Lane Levels TwoMulti-TenantOther Possible Use BusinessWarehouseFlex SpaceShowroomFreestanding BuildingOfficeRetailVehicle Related Sewer Public Sewer Tax Annual Amount 20847.69 Tax Incentive1 None Tax Year 2023 Type Commercial Underground Storage Tank YN No Water Source City Water/Connected Zoning MW

Listing provided courtesy of Zachary Oyler of Keller Williams Premier Realty: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-21T06:45:22.603.
 
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