SE Corner of Interstate 80 & Plank Road
- Hi Traffic Interstate 80 exposure to over 26000 Vehicles daily
- TIF Eligible, Enterprise Zone eligible
- Shovel-ready Site
- High visibility along I-80 and just 5 miles west of I-39
- Accessible easily from I-80 east or west at Plank Road, Exit 73
- All municipal utilities at the access roadway including gas, a 10” water line, a 27” sewer line, and upgraded municipal electric service in preparation for large scale development.
Property Description
This sale includes 3 parcels totaling 75.2 acres with 2600' of interstate frontage visible by 26,000 VPD. The location offers access to approximately 42 million people within a five-hour drive time and 12 million people with a 90 minute drive time. Primary markets within a 90-minute drive include the Chicago metropolitan area, Peoria, Rockford, the Quad Cities, and Bloomington-Normal. The location serves as a strategic hassle free stopping point before or after congestion associated with the greater Chicago interstate roadway system. The size and configuration of the property allow for a mega-scale fueling center, large-format retail, travel-oriented commercial uses, mixed-use development, and destination-driven concepts. All municipal utilities at the access roadway including gas, a 10” water line, a 27” sewer line, and upgraded municipal electric service in preparation for large scale development. The site can accommodate high-volume fueling, EV charging infrastructure, hospitality uses, and complementary commercial development. The property is located within Peru’s Industrial Tax Increment Financing (TIF) District to support infrastructure and site development south of I-80. The site is also eligible for UIRVDA Enterprise Zone incentives, including a sales tax exemption on qualifying building materials. Additional demand drivers include proximity to Starved Rock State Park, which attracts over 2.4 million visitors annually alone plus 4 other nearby State Parks and the Illinois River. There is ample regional sports tourism activity, and the adjacent Illinois Valley Regional Airport supports corporate and regional aviation traffic with a 6,000 jet runway. This property sits just north of a proposed Regional Sports Complex featuring indoor and outdoor ball fields, a retail and dining district, and residential units. Exit 73, Plank Road is the gateway to the Illinois Valley Pistol Shrimp minor league baseball stadium, the Illinois Valley regional airport which offers some of the lowest jet fuel prices in the Midwest for corporate travelers. Exit 75, IL 251 is the shopping and dining corridor featuring over 30 national retailers with plans to link this area to Plank Road via roadway and pedestrian bridges. With its scale, infrastructure readiness, interstate visibility, and regional market reach, Midwest Crossroads Business Park represents a rare opportunity to secure a flagship-caliber development site in a high-traffic Midwest location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 75.20 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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