2004 University StPeoria, IL 61604

Property Details for 2004 University St

Property type

Commercial real estate

APN

14-32-456-005

APU

1432456005

Description

This exceptional 4.9-acre industrial property, located at 2004 N. University St. in Peoria, IL (zip code 61604), presents a significant investment opportunity. The property boasts six buildings totaling 49,773 square feet, offering a versatile mix of warehouse, garage, cross-dock, office, and freezer space. Its prime location is just one block from Interstate 74, providing excellent access to major transportation routes. The I-2 zoning allows for a variety of potential uses. The complex features 15 loading docks, a fire suppression system, and an on-site garage and fuel center, including a 5000-gallon fiberglass tank. Previously used as a creamery and distribution center, all glycol and ammonia have been removed. Remaining elements such as the resin silo, blow-molding equipment, and creamery tanks will be removed prior to sale. This vacant property is offered at an asking price of $2,900,000 and presents a unique chance to acquire a substantial industrial complex in a highly desirable location. The property's size and features make it suitable for a wide range of industrial and commercial applications.

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.7116

Longitude

-89.6124

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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