3523 University StPeoria, IL 61604

Property Details for 3523 University St

Lot size

9.40 AC

Property type

Commercial real estate

APN

14-29-327-025

APU

1429327025

Description

University Plaza, located at 3523 N University St, Peoria, IL 61604, offers a prime retail opportunity. This single-story, 124,188 square foot building, constructed in 1982, features a 6,000 square foot vacant space currently available for lease. The space boasts 10-foot ceilings, two bathrooms, a small office area, and two rear loading doors, measuring 60ft x 100ft. The minimum leasable space is 3,000 square feet, with a maximum contiguous space of 6,000 square feet. The property is zoned CN and has a total of one suite. The building is situated in a high-traffic area, conveniently located near the intersection of University Street and War Memorial Drive (US 150). This vibrant retail center is anchored by established businesses such as Hobby Lobby, US Cellular, Kelly Beauty Supply, and Midwest Uniform Supply, and is surrounded by other successful retailers including Walmart, McDonald's, Dunkin' Donuts, Hardee's, and Aldi. This location provides excellent visibility and accessibility for businesses seeking a thriving retail environment in Peoria, Illinois. The property is part of a larger commercial center with multiple tenants. There are no elevators in the building.

• Alternative Use

  Use

  Valuation

  Residential

  $84,625,520

  Hospitality

  $77,516,520

  Educational

  $64,492,836

  Medical

  $66,710,844

  Retail

  $100,322,192

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.7299

Longitude

-89.6145

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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