Retail and Warehouse Building For
For Sale
$275,000
1221 South Laramie Street, Peoria, IL 61605
7,400 SF multi-tenant property with restaurant and warehouse space.
Property Size7,400 SF
Price / SF$37.16
Days on Market328
Property Features for 1221 South Laramie Street
General Information
Standard status
Active
Size
7,400 SF
Property subtype
Warehouse
Zoning
C-2
Amenities
7,400 SF Multi-Tenant Property
Restaurant Business Included
5,400 SF of Warehouse Space
Building Details
Building Size
7,400 SF
Year Built
1958
Listing Agency:
RE/MAX
(309) 687-5000
Listed By:
Jessica Ball · License #475175281
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 18 at 4:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
Investment Insights
Based on property information with market context.
A 7,400 SF multi-tenant property located in Peoria, Illinois, is available for sale. The property consists of a retail and warehouse building and includes three units situated on three lots. One unit is occupied by Tall Bob's Ice Cream Roundup, a restaurant occupying approximately 2,000 SF. The sale includes the restaurant business, along with all furniture, fixtures, and equipment. The remaining 5,400 SF comprises a warehouse building section that can be divided into two units, each equipped with separate utilities. Each of the three units has its own Ameren meter, water meter, and sewer line. The restaurant area is equipped with a furnace and AC, while the warehouse/shop units have overhead heating units. There are two overhead doors in the warehouse/shop units, one in each side. The property is located on the northwest corner of Laramie and Starr Streets. Two additional parcels/lots are situated on the northeast corner of Laramie and Starr.
Key Highlights
- 7,400 SF multi‑tenant property with retail and warehouse space.
- Includes the operating restaurant "Tall Bob's Ice Cream Roundup" with all furniture, fixtures, and equipment (FF&E).
- 5,400 SF of warehouse space divisible into two units, each with separate utilities.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61605, IL
14,049
Population
7,114
Households
2
Avg Household Size
34
Median Age
5%
College-Educated
80%
High-School Grad
4.4 sq mi
ZIP Area
3,193
Density / Sq Mi
$24,499
Median Household Income
$25,176
Median Earnings
$831
Median Rent
$44,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Darcy's cafe and slots — 3218 W Harmon Hwy, Peoria, IL 61604
Frequently Asked Questions
What type of property is this?
Coffee shop - 7,400 SF multi-tenant property with restaurant and warehouse space.
Where is this coffee shop located?
The property is located at 1221 South Laramie Street Peoria, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 7,400 SF multi‑tenant property with retail and warehouse space.; Includes the operating restaurant "Tall Bob's Ice Cream Roundup" with all furniture, fixtures, and equipment (FF&E).; 5,400 SF of warehouse space divisible into two units, each with separate utilities.**
