Adaptive Reuse or Redevelopment

2300 S. Oregon Street, Peoria, IL 61605

Property Information

  • For Sale $89,000
  • Property Type VacantLand
  • Property Size 13,000 SF
  • Lot Size 0.33 Acre
  • Property Tenancy Single Tenant
  • Date Updated Sep 19, 2026

Description

This location offers superb accessibility, situated mere minutes from downtown Peoria and the thriving East Peoria Levee District. Immediate interstate access allows for quick travel throughout the region. Surrounded by densely populated, long-established residential communities, the site benefits from high visibility and strong neighborhood demographics.Introducing an exceptional opportunity for the savvy investor. This 13,000 SF building, situated on a prominent 0.33 acre corner lot, is zoned R8, allowing for versatile utilization. Currently under a variance for church use, the property offers the potential for a multitude of purposes. With on-street parking and an convenient location, this distressed building presents an excellent prospect for full renovation and transformation into a multifamily opportunity or neighborhood green space. An ideal canvas for a transformative investment endeavor.

Highlights

  • 13,000 SF church building on 0.33 acre corner lot
  • Building is distressed and in need of full renovation
  • Currently under a variance for church use
  • Great potential for multifamily development or neighborhood green space
  • On-street parking only as there is no parking lot
  • Zoned R8 for a variety of uses

Contacts

Location

Located at 2300 S. Oregon Street, Peoria, IL 61605, this property is part of the South Peoria neighborhood.

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