We are pleased to present the opportunity to purchase an exclusive investment opportunity. This masonry building is 100% occupied by single tenant, State of IL. With a recently updated credit rating, the tenant has intentions to stay long term. This building is proximate to the Peoria Chief's baseball stadium "Dozer Park" and is adjacent to Caterpillar professional building.
This all brick warehouse, Vachon Brake Service and Parts, is located downtown on the busy corner of SW Jefferson Ave and N McArthur Hwy. This 9,060 sq. ft. building has 7 garage doors, multiple restrooms, storage rooms and offices, 4 overhead heaters and 3 phase electric. 14+ ft high ceilings. Overhead door sizes are 12' x 11' and 12' x 13'. There is a revenue generating billboard on one of the vacant parcels with a contract coming up for renewal. Equipment also available with sale for brake service, lifts, wheel balance and alignment, drive shaft and engine balance.
Corner lot located on Western Ave. in the city of Peoria. This lot was formerly a gas station and has been remediated of any environmental hazards from its previous use. This property also has a billboard with a lease.
The median home value in Peoria, IL is $89,700. This is lower than the county median home value of $102,100. The national median home value is $219,700. The average price of homes sold in Peoria, IL is $89,700. Approximately 48.9% of Peoria homes are owned, compared to 38.28% rented, while 12.82% 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 61605 has a population of 115,424. Peoria 61605 is less family-centric than the surrounding county with 23.2% of the households containing married families with children. The county average for households married with children is 26.65%.
The median household income in Peoria, Illinois 61605 is $47,697. The median household income for the surrounding county is $53,063 compared to the national median of $57,652. The median age of people living in Peoria 61605 is 34.3 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 38.3 inches per year, with 24.6 inches of snow per year.