Active $1,500 - Land
0.12-Acre Residential Lot Near Illinois River in Peoria, IL
Affordable City Parcel — Minutes from Illinois River — Peoria County
Real estate investors, custom home builders, and savvy buyers looking to buy cheap land in an established Illinois community will find unbeatable value in this 0.12-acre parcel. Located at 1805 S Laramie St in Peoria, Illinois (Peoria County), this compact lot offers a clear, accessible footprint ready for your next project. For buyers searching for affordable, buildable cheap land for sale under $2,000, acquiring residential land in Peoria for just $1,500 is an extraordinary opportunity.
Zoned Single-Family Residential (R2), this 0.12-acre lot previously held a 544 sq ft home, meaning utility hookups and street infrastructure are nearby (land for sale only; previous home no longer exists). Whether you are planning a modern infill build, holding real estate for long-term equity growth, or adding to your investment portfolio, this site offers great flexibility. Situated just 2.30 miles from the scenic Illinois River, the property features low ongoing carrying costs with annual property taxes of only $51.25. Offered with 0% interest seller financing when paid in 6 months, buying land in Peoria County is straightforward and stress-free.
- Prime River Proximity: Located just 2.30 miles from the Illinois River for convenient access to parks, boating, and waterfront recreation.
- Infill Opportunity: Former home site (544 sq ft structure previously removed), providing established road access and utility layout potential.
- Unbeatable Price & Terms: Secure ownership for only $1,500 total, with flexible monthly seller financing options as low as $114.55.
- Flexible R2 Zoning: Designated for Single-Family Residential (R2) development.
- Low Carrying Costs: Very low annual property taxes of only $51.25 per year.
Affordable Seller Financing Available — Easy Monthly Options!
*** Debit/Credit Cards Accepted ***
*** No Closing Costs ***
*** Total Price: $1,500 ***
*** Seller Financing for 0% Interest When Paid in 6 Months ***
*** Monthly Payments as Low as $114.55 ***
Property Specifications
Address: 1805 S Laramie St, Peoria, IL 61605
Acreage: 0.12 Acres
County: Peoria County, IL
Parcel ID (APN): 17-13-477-030
Legal Description: Oakwood Resurvey & Sub Se 1/4 Sec 13 8 N 7 E Lot 121
Zoning: Residential (R2)
Annual Property Taxes: $51.25
Interactive GPS Location & Directions
You are welcome to drive by, locate, and inspect this property from the road at your convenience to evaluate the neighborhood layout and lot footprint. Click the link below to load the exact center coordinates directly inside Google Maps for live navigation:
- Center Coordinates: 40.6684690, -89.642495
* There will be no delinquent back-year taxes at the time of conveyance, per the ad’s original posted date, unless a price reduction occurs.
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Possible Land Use :
