$640,000

3624 N UNIVERSITY Street Unit: Lot 2-East, Peoria IL, 61604

Property typeCommercial

Courtesy of RE/MAX Traders Unlimited, Listing Contact:

Overview

Active

Listed Apr 30, 2026

Updated May 26

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.

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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cindy Grady Bunch shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 2:41 PM UTC on 5/26/2026. 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.

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