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Active - Other for sale

1001 E WAR MEMORIAL Drive, Peoria Heights, IL

Facts & features

Other Property type
1149 days on Beycome
32,234 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of RE/MAX Traders Unlimited as distributed by MLS GRID.

Listed by: RE/MAX Traders Unlimited

Co-listed by: RE/MAX Traders Unlimited

Source: RMLS Alliance as distributed by MLS GRID, MLS#: PA1245573 RMLS Alliance as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:48 AM EST.

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Affordability

$685,000$1,420,000
1%20%
0%90%
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Estimated monthly payment

$7,144/mo

  • Mortgage$5,309
  • Property tax$1,835
  • HOA fee
  • Homeowners insurance
Due at closing$834,750
Down payment held in escrow$210,000
Closing costs$15,750
beycome credit Est.$21,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Peoria Heights

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:48am EST. 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.

$1,050,000 Listed price

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