For Sale
$850,000

315-317 Main St Peoria, IL 61602

High-profile Main Street property with rental income.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional $850,000 mixed-use property at 315-317 Main Street in Peoria, IL, 61602 presents a fantastic investment opportunity. Boasting two attractive Main Street storefronts directly across from the courthouse, this high-visibility location offers unparalleled exposure. The building features a combination of retail and office space, complemented by three spacious rental units above. Currently configured for mid-length rentals, these units provide a consistent income stream. The property's versatility allows for a variety of uses, making it ideal for both established businesses seeking a prominent location and entrepreneurs looking to launch a new venture. The existing business operations on-site offer potential for immediate revenue generation or expansion. This five-unit property, encompassing land, industrial, office, retail, and multifamily elements, is situated on a prime corner lot with excellent visibility and accessibility. The property's location in Peoria County, Illinois, offers a thriving market with strong potential for growth. Further details regarding existing business opportunities are available upon request. Don't miss this chance to acquire a unique and profitable mixed-use property in a highly desirable location.

Highlights

  • $850,000 asking price.
  • Mixed-use property with retail, office, and multifamily components.
  • Five units total; three apartments and two retail spaces.
  • High-profile Main Street location across from the courthouse in Peoria, IL.
  • Potential to acquire existing business operations.

Property Details for 315-317 Main St

Property type
Retail properties, Office properties
Units
5

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.692112
Longitude
-89.590341

FAQs

What type of property is this?
Retail property - High-profile Main Street property with rental income.
Where is the retail property located?
The property is located at 315-317 Main St Peoria, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price.; Mixed-use property with retail, office, and multifamily components.; Five units total; three apartments and two retail spaces.
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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315-317 Main St
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