For Sale
$350,000

2126 University St Peoria, IL 61604

High-Visibility Corner Property with Tenants

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Peoria, IL commercial property at 2126 N University Street is offered at $350,000. This corner lot boasts high visibility and impressive traffic counts exceeding 29,000 cars per day. Currently fully occupied with two tenants, the property offers immediate cash flow. One lease has five years remaining, while the other has one year. The main building features a large, open floor plan, ideal for various commercial uses. A full basement provides ample additional space for office use or storage. The property's versatile nature makes it an excellent addition to an existing investment portfolio or a perfect starting point for new investors. The property is zoned for commercial use and is located in Peoria County, IL, zip code 61604. The property type includes land, office, and retail space, offering flexibility for a variety of business ventures. This is a rare opportunity to acquire a cash-flowing commercial property in a high-traffic location. Don't miss out on this exceptional investment opportunity.

Highlights

  • $350,000 asking price.
  • Land, office, and retail property in Peoria, IL.
  • Corner lot with high visibility on N. University Street (29,000+ CPD).
  • Fully occupied with two tenants; one lease has five years remaining, the other has one year remaining.
  • Features a large open floor plan and a full basement for additional space.

Property Details for 2126 University St

Property type
Retail properties, Office properties

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.7140604
Longitude
-89.6124728

FAQs

What type of property is this?
Retail property - High-Visibility Corner Property with Tenants
Where is the retail property located?
The property is located at 2126 University St Peoria, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: $350,000 asking price.; Land, office, and retail property in Peoria, IL.; Corner lot with high visibility on N. University Street (29,000+ CPD).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2126 University St
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