31,333 sqft

$850,000

514 W MAIN Street, Peoria IL, 61606

Price per sqft$27.13

Property size31,333 sqft

Property typeCommercial

Courtesy of Keller Williams Premier Realty, Listing Contact:

Overview

Active

Listed Apr 10, 2026

Updated 4 days ago

Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.

Other Property Details

Taxes: $20,848
Tax Frequency: Annually

Listings courtesy of RMLS Alliance as distributed by MLS GRID

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 3:41 AM UTC on 10/6/2026. 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.

DMCA Notice