Great opportunity to purchase THREE contiguous COMMERCIAL BUILDINGS that offer 9,450 square feet of MIX-USE space; offices, storage/warehouse, retail, four upper apartment units, etc. Located in an OPPORTUNITY ZONE (Census Tract # 17143002100). 3-PHASE ELECTRIC. Loading Dock. Drive-In Overhead Doors. $80,000 CAPITAL IMPROVEMENTS: New roofing with complete removal and full installation. 1732 N Sheridan (Aug 2023) and 1738 N Sheridan (2020). UNIQUE INTERIOR LAYOUT: 1732 & 1738 are open to each other on the main level; and all three properties are open to each other at the basement level, creating an ease of access between all properties. Enjoy being a part of the SHERIDAN ROAD COMMERCIAL CORRIDOR improvements. Newly engineered streetscape with bike lane, center turn lane, ADA compatible curbing and sidewalks and handsome ornamental lighting. Easy access to I74 and major thoroughfares. An affordable acquisition for a business looking to develop in an area of Peoria primed for growth!
Must See this Spectacular, One of Kind Restaurant! Selling this successful business with all the Equipment, Inventory, Menu, Bar, Staff, Signage/ Logo, Repeat Customers, you name it! How often do you get an opportunity to buy a successful business that generates cash flow 1 day in business! Untamed Chef Has been a delightful place to enjoy amazing food cooked fresh with comfortable dining, seasonal patio seating and fun interactive cooking classes. Gaming is included as additional revenue source! The owner is offering to help transition so you can learn all the ins and outs of running her successful business. High traffic location with 16,400 CPD on University. Untamed Chef has a great following with many local customers who have become regulars. Do not miss your opportunity to purchase a vibey, fun, staple restaurant in a great location!
This 11-unit apartment complex is a **turn-key investment** generating $9,000 in monthly rental income with a strong rental history and consistent occupancy. The property features 11 well-maintained one-bedroom units that appeal to a stable tenant base. Located near major highways, shopping, dining, and schools, it offers convenience and long-term growth potential. With current leases in place and minimal maintenance needs, this complex is fully rented and ready to provide reliable cash flow from day one. Whether you're looking to expand your portfolio or secure a hassle-free income-producing asset, this property is an excellent opportunity. **Contact us today** for more details or to schedule a private showing!
20K sqft available multi use Industrial warehouse/office space for sale or lease perfect to set up a production shop. Upgraded electrical, plumbing and fire. Electrical is zoned and can be easily added onto. High ceilings. Newer furnaces for office and warehouse as well as A/C for the office. Handicapped Restrooms. Rail access at rear. Available for lease at $3500 per month.
Priced below Tax Assessment Value! Office Condominium with 6,626 SQFT of Prime 3rd Floor Elevator Serviced Office Space for Sale Featuring Spectacular Views of Downtowns City Hall and the Peoria Civic Center. This space offers 18 private offices 12 of them with Floor to Ceiling Downtown views. 80 X 23 Central Bullpen, 28 X 25 Board Room, 40 X 18 Lobby, Kitchen/Break Room and Private Restroom, 2 Separate Storage Rooms.
Prime Warehouse District redevelopment opportunity with land behind being redeveloped into parking and a park. Additional 10-15 spots on the property in addition to the new city lot. 14,500 sqft per floor. Concrete floors and ceilings. Potential for rooftop buildout as well. Loading dock. High ceilings. Freight elevator not currently in service. 3 buildings on the block currently under residential redevelopment and an event center and retail activity spaces drawing customers across the street. Get in on this blocks redevelopment before these buildings are gone.
Welcome to this incredible investment opportunity in the heart of Peoria, IL! This commercial building is situated just steps away from Bradley University and offers a prime location for any entrepreneur looking to start or expand their business. Featuring a spacious retail space on the main floor, this property also includes four well-appointed apartments on the upper levels, providing additional income potential. This property has been impeccably maintained with a new roof, updated mechanicals, and fresh paint in may areas. Whether you're looking to open a new shop, office space, or rental units, this versatile property has everything you need to make your real estate dreams a reality. With its convenient location near dining, shopping, and entertainment options, as well as easy access to major highways and public transportation, this is truly a one-of-a-kind opportunity not to be missed. Don't wait - schedule your showing today and imagine the endless possibilities that await in this fantastic, turn-key property!
Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.
Great investment opportunity with this large historic home converted into 5 apartments. Front and back porch redone with new concrete as well. 1st Floor unit A 1/1pays $975. Laundry in basement. 1st Floor rear unit B 1/1 pays $650 with laundry in basement. 2nd Floor unit C 1/1 pays $950 with laundry in unit. 2nd floor unit D 1/1 pays $795 withlaundry in unit. 3rd floor unit E 2/1 pays $995 with laundry in unit. 10 parking spaced with shared front drive and rear alley access.
Retail/office space available for sale or lease at 631 W. Main Street in Peoria. Located between Bradley University and downtown Peoria, this former bar has a long history as Pitch Karaoke Bar and The Elbo Room. the building is 1840 SF and is ready for a new owner or tenant to finish the remodeling and open their business. There is new flooring, plumbing and electric panel, and a new roof in 2018. The building is also for lease at $900 per month plus utilities.
Excellent development opportunity for residential, multifamily, senior/assisted living or other development appropriate to be across the street from a school (Keller Primary, Peoria Public Schools). Zoned R-3 (second parcel is R-1) and totalling 5.19 acres. The site was formerly a school and has been cleared and is ready to develop.
Prime commercial land, cleared and ready for development that includes the entire block located at the intersection of Knoxville Avenue (Route 40) and Pennsylvania Avenue. This block sits directly across the street from the OSF hospital campus and the I-74 Knoxville Exit. These 8 parcels total 1.75 acres, zoned CG General Commercial. Property is located in the East Village Growth Cell - TIF (2034) offering developers many significant incentives - more info on TIF in Associated Docs. Parcel list - 18-04-251-002, 18-04-251-003, 18-04-251-004, 18-04-251-007, 18-04-251-008, 18-04-251-006, 18-04-251-001 and 18-04-251-005.
Own a piece of history with this concrete plant that dates back to the WWII era. Unique property has so many possibilities...revive the concrete business that it has been in the past, convert it to a mechanical shop, create a parking facility, use it for storage or bring your own ideas. Warehouse area has rough-in for two restrooms and a tool storage room. There are four electronic, 12' overhead doors; concrete floors, 6-8" thick; 14' ceilings; loft space; 7.5 HP 175 PSI 80 gallon tank air compressor; finished office space with half bath with potential apartment above. Gas line access. Railroad tracks behind. Fenced. Outdoor space and an additional land lot too. Located in the industrial area of West Peoria, off Farmington Road.
Fantastic Mixed-use opportunities including retail, office and rental, with two 2 Amazing Main Street store-front frontages directly across from the court house. Start or Move your Business into this high profile frontage, while enjoying additional income from 3 spacious rental units above. Currently used as ABB/ mid length rentals . Additional opportunities to take over existing business operations already on site. call for details concerning possible business opportunities.
BE A PART OF THE REDEVELOPMENT OF WAR MEMORIAL & UNIVERSITY! LOT 1 IS AVAILABLE!!! COVETED CORNER LOT!! ACCESS ROAD CONSTRUCTED FOR BETTER TRAFFIC FLOW AND SITE ACCESS AND POTENTIAL TO CONNECT TO WAR MEMORIAL DRIVE DIRECTLY IS IN PROGRESS WITH THE TIF DISTRICT CREATION. LOT 1 IS 1.581 ACRES AND THERE IS ALSO LOT 2 & 3 TOTAL 2.443 ACRES OR YOU CAN PURCHASE LOT 1 (1.581 ACRES), LOT 2 (1.31 ACRES) OR LOT 3 (1.133 ACRES) SEPARATELY. THE REDEVELOPMENT HAS ACCESS ROAD COMPLETE WITH UTILITY ROUGH-IN STUBBED TO OUTLOT BOUNDARY. BE A PART OF THE REDEVELOPMENT OF THIS HIGHLY DESIRABLE CORNER! TIF DISTRICT IS IN PLACE!!!
Exceptional opportunity with this building located on a prime corner lot in a high-traffic area. This well-maintained property (NEW ROOF in 2024) features six individual units providing great flexibility for multiple tenants or a single enterprise, with configurations suitable for retail, professional offices, or service-oriented businesses. Note the building has 2 separate addresses, 4218 N Sheridan and 622 W Lake St.
IDEAL INDUSTRIAL LOCATION. OFFICE AND COMMERCIAL.
Commercial Building Available. Includes A Store Front Shop And 3 Apartments Which Has A Newer Roof On This Portion Of The Building. An Additional Building Includes 9 Band Rooms. One Has A Recording Studio Where A Few Band Rooms Are Being Rented Out Currently. There Are Also 6 Garages. (Garage #2 Rents For $120/Mo. Garage #3 & 4 Rents For $370/Mo. Garage 5 & 6 Is An MG Mechanic And Rents For $200/Mo. Garage #1 is The Resident Manager's Garage Space). Garage Rentals Are $690/Mo. Apartment #1 Pays $370/Mo is the Resident Manager's Apartment Which Pays For The Dumpster And Water. The Apartment #2 Pays $475/Mo. The Apartment #3 Is The Upstairs Back Apartment That Pays $420/Mo And Pays His Own Electric Bill. The Upper Apartments Pay Their Own Electric. The Owner Pays The Gas Bill. The Garages Pay Their Own Electric.
Urban loft apartment building now available in heart of Peoria's Warehouse District. 44 unit community built in 2017. Each unit boasts floor to ceiling windows. Unique floorplans providing a variety of living options for tenants. Amenities include laundry facility, 24 hour secured access, secured lower-level parking garage, maintenance on site, an elevator and pet area/courtyard area. Main floor features a vacant commercial space which can be leased or turned back to 2 extra apts
What a wonderful opportunity for this absolutely stunning, solidly-built building currently used as a Church! Steel and concrete floors. Square footage of basement and upper not included. (2696 basement, walkout added, and 890 upper mezzanine area.) Sellers will be leaving a lot of valuable items w/ the sale, excluding the piano and bedroom furniture in upper area. 3 hvac systems. Parking lot fits appx. 30 vehicles; however, it needs re-striped and could potentially house more spots. Handicap accessible, ramp and parking in rear. Water heater '23. Baptismal has not been used but is present behind altar. Approximately 100 newer chairs would remain. Building has upgraded electrical and fiber optic from previous business. All kitchen appliances stay.
INCREDIBLE OPPORTUNITY ALERT!!! Now offered at just $45,000, this light commercial property at 625 NE Perry is brimming with potential! Located in the East Village TIF District, the building features two commercial units on the main level and a 2-bedroom, 1-bath apartment on the upper floor. The primary commercial space has a long history as a gold/coin shop, while the second unit was designed for cold storage/meat locker use. The property does need rehabilitation, but with so many possibilities, this space is ready to be transformed into whatever you envision! Whether you’re a first-time investor or looking to expand your portfolio, don’t miss out. Schedule an appointment today to explore this unique opportunity!
This fully leased, brick office building features 10 units and has been well maintained. The building is divided in two, with one side being a single story and the other having two stories. Recent major improvements include roof replacements in 2020 and 2021, parking lot in 2015, and HVAC systems as necessary - 4 updated since 2018. Tenants are on annual contracts and include professionals, nonprofits and service businesses. 9.6% CAP rate with rent rolls, leases and P&L statements available on request for qualified buyers. Showings will be approved only with an accepted letter of intent.
One of the oldest continuously operated neighborhood bars in Peoria, with roots dating back beyond 1917, before Prohibition. Well-maintained facilities, rich in Peoria history, with excellent cash flow and featuring ample main room with bar and room for additional tables, expansive game room and back lot for parties, etc. Turn-key operation.
This is a unique piece of property. Commercial building that was used as a dog kennel and has so many amenities and still has much of the equipment from previous business. There could be lots of other possibilities for the property. There is also an extra outbuilding that is 40 x 30 and has it's own electrical panel. The commercial property sits on 11.21 acres.
Investment and Business Opportunities! Located just West of Peoria in the county limits, this property has great visibility with 270 feet road frontage on Farmington Road. Package of seven parcels, two with buildings, one is currently leased. 4802: Was "The Golden Dip" ice cream stand back in the 1980's - here is your chance to bring it back, create something new (perhaps a coffee stand) or lease it to someone else! All equipment, some vintage, stays but is sold "as-is". This building features a front service area with two walk-up windows, a prep area with kitchen sink, half bath and back storage room. Updates include plumbing, flooring, exterior lighting and paint (both interior & exterior). 4806: currently leased to established dog grooming business; updates include: electrical, HVAC, water heater, epoxy floor, plumbing. Tenant's lease is until June 2025. The remaining parcels are vacant land. All parcels in this listing are located in 2005 BELLEVUE TIF 11 (Dist #985) to expire soon, but can reapply. C-3 Zoning. Developable Commercial Land
The median home value in Peoria, IL is $139,000. This is higher than the county median home value of $136,800. The national median home value is $338,100. The average price of homes sold in Peoria, IL is $139,000. Approximately 49.98% of Peoria homes are owned, compared to 37.49% rented, while 12.53% are vacant. Peoria real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Peoria real estate agent to arrange a tour today!
Peoria, Illinois has a population of 113,672. Peoria is less family-centric than the surrounding county with 27.2% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Peoria, Illinois is $53,568. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Peoria is 35.6 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 37.7 inches per year, with 23 inches of snow per year.