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1115 N North Street Peoria, IL 61606

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For Sale
$570,000

Mixed Use - Peoria, IL

Type:Mixed Use
Property size:
4,700 SF
Added:
Mar 19, 2026
Days on Market:
13
Last Refresh:
Mar 31 at 8:06 pm

Property Features for 1115 N North Street

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Standard status
Active
APN
1804306046
Size
4,700 SF

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
15604

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Building materials
Frame, Vinyl Siding
Architectural style
Other

We can help!

Listing Contact
Jenny Wisniewski
Jenny Wisniewski

Listing agent Jenny Wisniewski License #475163192

Listing office Landmark Realty 3049 Godfrey Road, Godfrey, IL

Listing date Mar 19, 2026

MLS# 26009252 Listing URL

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Four-Unit Commercial Building in Peoria

This is a four-unit commercial building featuring a mix of occupied and vacant spaces. Two of the units are currently occupied under state contract leases, generating a monthly rental income of $7,806. These two larger units account for 70% of the building's total area. Unit B, spanning 4,700 square feet, is leased to the Department of Corrections Probation office, with a lease renewal scheduled for November 1st for a term of five years. Unit C, measuring 2,600 square feet, is occupied by the Department of Juvenile Justice, which has been a tenant for 30 years; units B and C are under a single lease. Unit A, a smaller 1,600-square-foot unit, is currently vacant and includes a conference room, men's and women's restrooms, a large common area suitable for copiers, and six offices within the suite. The common area inside the building is also vacant. Unit D, comprising 1,250 square feet, is also vacant and features a conference room, two offices, two bathrooms, a kitchenette, and a large open space previously used for cubicles. The property is located in Peoria, Illinois.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Peoria Parole Office Probation Office Community Connections Publishing ... Publishing House

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.599527
Latitude
40.701136

FAQs

What type of property is this?
Mixed-use property - Four-unit commercial building with state contract leases and vacancies.
Where is this mixed-use property located?
The property is located at 1115 N North Street Peoria, IL.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: High Income Potential: Generate $7806 monthly from existing leases.; Stable Tenants: Leases secured with State contracts including Department of Corrections and Department of Juvenile Justice.; Long‑Term Tenant: Benefit from a 30‑year history with the Department of Juvenile Justice.
More about this property
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