920 East Glen Avenue, Peoria Heights, IL, 61616

920 East Glen Avenue Peoria Heights, IL 61616

920 East Glen Avenue, Peoria Heights, IL, 61616
920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616 920 East Glen Avenue, Peoria Heights, IL, 61616
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,150,000
Last Verified:
Apr 16, 2024


Description

Multi use commercial property for sale in Peoria Heights. Property consists of three buildings on a total of 1.8 acres. Building “A” is a mix of retail, office and warehouse space. There is approximately 3,600 SF of retail space up front, 1,770 SF of office space on the east side of the building and 16,950 SF of warehouse space in the middle/rear. Warehouse is currently setup with three separate areas and offers four loading docks and one 12 x 12 overhead door. 3 phase 400 amp electrical, all new LED lighting throughout and equipped with a sprinkler system. Building “ B” is a 5,510 SF warehouse located on the West Side of the property. Tall ceilings, two dock doors and one 12 x 12 overhead door. Building “C” is a 2,016 SF 28 x 72 SF wide open warehouse with a 12 x 12 overhead door. Property is located approximately two blocks off Prospect Ave with direct access to the Rock Island Trail.

GILBERTS SUB OF BLK 3 & R R LOT A SW 1/4 SEC 22-9N-8E 1.80 AC LOTS 6-16; ALSO LOT 19 (EXC BEG SE COR LOT 19; TH W 17.3' NW 94' E 80' S 70' TOPOB); ALSO LOTS 20-26 & W 15' LOT 27 2000 COMBINATION 14-22-303-002 THRU -009, -011 & -013 THRU -019

Building Size: 30376sq ft
Lot Size: 1.85 acres


Documents

920 Glen Brochure_APR2024.pdf

Map of 920 East Glen Avenue, Peoria Heights, IL, 61616

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.