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$5,397.00

0.21 acres | Residential Zoning

Part of an older neighborhood just a few blocks from the Illinois River, this corner lot has been cleared of the previous home, leaving a great bare lot to develop. Paved roads and city utilities make this a smooth transition to your next investment. As one of the state’s oldest urban areas, Peoria offers the perfect blend of urban living and nature to the next owner of this property.

Land Specifics

Property Number 12327
Size 0.21 acres
Dimensions 127' x 73'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R4 (Single-Family Residential)
Zoning Definition

R4 (Single-Family Residential):
The R4 District is intended to preserve established single-family neighborhoods. The district is also intended to allow for new single-family houses on small lots in development patterns that mimic established portions of surrounding neighborhoods at a density not to exceed 11.62 gross dwelling units per acre.

On Property Usage/Potential
  • Homesite
Nearby Usage
  • Commercial

Location

County Peoria
State Illinois
https://www.landcentral.com/land-for-sale/illinois/corner-lot-in-well-established-peoria-neighborhood
Other Maps

Additional Information

Assessor Parcel Number (APN) 18 18 404 015
Estimated Annual Taxes $52.80
Legal Description

WESTMORELAND PLACE SE 1/4 SEC 18-8N-8E LOTS 1 & 2 BLK 7

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Finance Terms

Purchase Price $5,397.00
Interest Rate 9.7%
Loan Term 4 years
Total Monthly Payment $146.72

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $13.49
Total Due Today: $311.49

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Purchase Price $5,397.00
Your Pay in Full Discount -$1,079.40
Your Price Today = $4,317.60
Document Fee + $149.00
Transfer Tax + $13.49
Total Due Today $4,480.09
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