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Updated Specialty Property
For Sale
$417,000

7319 N UNIVERSITY Street, Peoria, IL 61614

Commercial Sale, Peoria, IL

Property SizeContact for details
Lot Size1.14 Acres
Days on Market110

Property Features for 7319 N UNIVERSITY Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Directions From Knoxville, R onto Pioneer Parkway, L on University. Building will be on right
Standard status Active
APN 14-07-276-009
Lot size 1.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NE 1/4 SEC 7-9-8E BEG 33' N & 175' W OF SE COR NE 1/4 SEC 7
Tax Annual Amount 13014
Legal Description NE 1/4 SEC 7-9-8E BEG 33' N & 175' W OF SE COR NE 1/4 SEC 7

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Flooring type Concrete, Carpet
Building materials Brick, Block
Roof type Metal
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Maryanne Czubora
Added: Jun 9 Changed: Sep 13 Last Checked: Sep 26 at 2:06AM
MLS# PA1267295

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This specialty property occupies 1.14 acres and includes a brick-and-block structure with concrete and carpet flooring. Improvements completed in 2022 include a metal roof, HVAC system, interior paint, updated flooring, two ADA-accessible restrooms, and a basement dewatering system. Large windows bring natural light into the interior, while forced-air heating with natural gas and central air provide building systems support.

Located at 7319 N University Street in Peoria, Illinois, the property has an oversized parking lot and access to water and public sewer. The site is zoned C1, with a metal roof and a combination of brick and block construction. The property’s layout, parking, updated systems, and accessible restrooms provide a practical foundation for continued commercial use.

Key Highlights

  • 1.14‑acre specialty property at 7319 N UNIVERSITY Street, Peoria, IL 61614
  • 2022 improvements include a metal roof, HVAC, paint, flooring, and basement dewatering system
  • Two ADA‑accessible restrooms included

Property Analytics

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Current Use

211 HOI Association / Organization

Suggested Use

Top Pick Restaurant Garden Center Law Firm Parking Lot & Garage Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - C1 zoning, accessible restrooms, and an oversized parking lot are included.
Where is this specialty property located?
The property is located at 7319 N UNIVERSITY Street Peoria, IL.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: 1.14‑acre specialty property at 7319 N UNIVERSITY Street, Peoria, IL 61614; 2022 improvements include a metal roof, HVAC, paint, flooring, and basement dewatering system; Two ADA‑accessible restrooms included
More about this property
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