3624 N University Street Unit #LOT 2, Peoria, IL 61604

Property Description

Be a part of the Redevelopment of War Memorial & University - the highest traffic count intersection in Peoria! The kickoff project for the development of this corner is the new Dutch Brothers Coffee (Fall 2026). The entire almost 5 acre Parcel area is being redeveloped with grades coming down to just above street level, access road being constructed for better traffic flow and site access and potential to connect to War Memorial drive directly is in progress with the TIF district creation. Lot 2 & 3 total 2.443 acres or you can purchase lot 2 (1.31 acres) or lot 3 (1.133 acres) separately. The redevelopment will have access road complete with utility rough-in stubbed to out lot boundary. Be a part of the redevelopment of this highly desirable corner!