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3624 N University Street Lot 2-East, Peoria, IL 61604

$640,000

0 sq ft
CLS# 1266061
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Secure your position at Peoria’s busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street.

Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is a 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer’s contract.

Property Details

City
Peoria
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
C-2
Acres
0.59

Features

Water/Sewer
  • Municipal/City
Utilities Available
  • Electricity Connected
  • Natural Gas Connected
  • Other Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

Financials

Taxes
0
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Justin Ball, as of 04/30/2026 15:15pm 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 renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.