1320 Raber RdPeoria, IL 61604

For Sale
$180,000

Historic Concrete Plant, Multi-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This unique Peoria, IL property, located at 1320 N Raber Road, offers a compelling investment opportunity. Built in 1970, this two-building complex sits on a sizable lot and includes a fenced outdoor area and an additional parcel of land. The main structure, a former concrete plant with a rich history dating back to World War II, presents a multitude of redevelopment possibilities. Imagine transforming this space into a thriving mechanical shop, a secure storage facility, or even a unique parking area. The existing warehouse features four 12-foot overhead doors, robust 6-8 inch thick concrete floors, and 14-foot ceilings. A partial restroom and tool storage room are roughed-in, and a loft area provides additional space. A finished office space with a half bath is also included, with potential for conversion into an apartment. The property boasts a 7.5 HP 175 PSI 80-gallon tank air compressor, gas line access, and the added benefit of railroad tracks located directly behind the property. The property is situated in West Peoria's industrial zone, conveniently off Farmington Road, and offers significant potential for a variety of commercial or industrial uses. The asking price is $180,000.

Highlights

  • $180,000 asking price.
  • 1970 construction, two buildings on the site.
  • Located at 1320 N Raber Road, Peoria, IL 61604.
  • Industrial property with warehouse space featuring 14' ceilings, concrete floors (6-8" thick), four 12' overhead doors, and a finished office with a half bath.
  • Additional features include a loft, rough-in for restrooms and tool storage, a 7.5 HP air compressor, gas line access, and fenced outdoor space with an additional land lot.
  • Railroad tracks are located behind the property.

Property Details for 1320 Raber Rd

Property type
Other warehouses, Other office properties
Year Built
1970
Buildings
2

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.7039156
Longitude
-89.6482631
1320 Raber Rd, Peoria, Illinois

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1320 Raber Rd
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