Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
3945 N Peoria Rd offers a highly visible 1.11-acre development opportunity along the heavily traveled Business I-55/Peoria Road corridor on Springfields north side, with IDOT roadway data indicating approximately 9,600 annual average daily traffic, lending itself wonderfully to receive amazingly beneficial business Frontage recognition. The parcel features excellent road exposure and is positioned among established commercial properties, creating strong potential for a variety of future uses. With utilities easily accessible at the street, the expected infrastructure investment will be minimal. Its location provides convenient access to I-55, Dirksen Parkway, Sherman, and the greater Springfield area, making it an attractive site for an owner-user, investor, or future development project. The property is currently unimproved, allowing a buyer the flexibility to plan and develop the site to fit their needs. With approximately 1.11 acres and prominent frontage along one of the areas well-traveled north-side corridors, this is a unique opportunity to secure a visible piece of ground in a growing commercial area. Buyer to verify the needed zoning, permitted uses, utilities, and development requirements.
Property Highlights
Property Type: Land - Residential
Total Acres: 1.11 Acres
Utilities: Electricity Available, Natural Gas Available
Zoning: Residential
General Information
County: Sangamon
High School: Springfield District #186
Subdivision: None
Listed By:
The Real Estate Group, Inc.
Offc: 217-787-7000
RMLSA
MLS ID: CA1046960
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3945 Peoria Road, Springfield, IL 62702.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $175,000 | $175,000 | $175,000 |
| Down Payment | $35,000 | $6,125 | $43,750 |
| Monthly Mortgage Amount | $920 | $1,129 | $1,134 |
| Taxes | $244 | $244 | $244 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $77 | $0 |
| Monthly Estimated Total | $1,264 | $1,550 | $1,478 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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