7800 Sommer StPeoria, IL 61615

Property Details for 7800 Sommer St

Lot size

3.14 AC

Property type

Commercial real estate

APN

14-08-201-019

APU

1408201019

Description

Parkway Plaza, located at 7800 N Sommer St in Peoria County, offers exceptional coworking and retail opportunities. This Class B property, built in 1999, boasts a total of 25,000 square feet on a 7.16-acre lot, zoned C-2. Currently, five individual units are available for lease, ranging in size from 1,200 to 1,763 square feet. The spaces are in excellent condition, with several move-in ready, providing immediate occupancy for businesses. The property features a convenient storefront design, ideal for maximizing visibility and foot traffic. Ample parking is available both in the front and rear of the building, ensuring convenient access for tenants and their clients. The strategic location offers direct access to the Rock Island Trail, providing a pleasant amenity for employees and visitors. Competitive rental rates are available, making this an attractive investment for businesses seeking a prime location in North Peoria. The property's multiple tenancy structure allows for flexibility and diverse occupancy. This retail and office space presents a unique opportunity to establish a thriving business in a well-maintained and conveniently located building.

• Alternative Use

  Use

  Valuation

  Residential

  $28,268,442

  Hospitality

  $25,893,740

  Educational

  $21,543,288

  Medical

  $22,284,196

  Retail

  $33,511,782

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.7817

Longitude

-89.6112

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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