Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
18.96 acres of land zoned B-1, with a former movie theater complex of 44,281 SF, available for sale in North Pekin, Illinois. This former AMC Cinemas building has had all theater related furniture and equipment removed and is winterized. The property features a long highway frontage on IL-98 with a strategic location near I-474 offering access to Peoria and Tazewell Counties. B-1 zoning provides a variety of business and commercial uses including retail, hospitality, medical, office, restaurant, and more. There is potential to rezone this parcel for other uses including storage facilities, warehouses, automotive related and more. The theater was built in 1999 and the property has a large paved parking lot (209,250 SF) with approximately 692 parking spaces. Survey, environmental and other due diligence materials available on request.
Property Highlights
Property Type: Land - Farm
Total Acres: 18.96 Acres
Zoning: B-1
General Information
County: Tazewell
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-323-0399
RMLSA
MLS ID: PA1270300
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1124 Edgewater Drive, North Pekin, IL 61554.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $990,000 | $990,000 | $990,000 |
| Down Payment | $198,000 | $34,650 | $247,500 |
| Monthly Mortgage Amount | $5,137 | $6,386 | $6,366 |
| Taxes | $1378 | $1378 | $1378 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $594 | $0 |
| Monthly Estimated Total | $6,804 | $8,647 | $8,033 |
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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