2300 S. Oregon Street

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Address: 2300 S Oregon St, Peoria, IL 61605, USA
Chicago & Midwest + Land/Development
Created date: June 1, 2026
Date last updated: September 15, 2026
Price: $89,000Investment Analyzer NEW!
  • 13,000 SF church building on 0.33 acre corner lot
  • Zoned R8 for a variety of uses
  • Currently under a variance for church use
  • On-street parking only as there is no parking lot
  • Building is distressed and in need of full renovation
  • Great potential for multifamily development or neighborhood green space

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $89,000
Lot Size: 0.33 Acres
Opportunity Zone: No
Property Website Click Here
Address: 2300 S. Oregon Street, Peoria, IL 61605, USA
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Step 4Final Deal Analysis

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