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Downtown Warehouse with Revenue Potential
For Sale
$150,000

1409 SW JEFFERSON Avenue, Peoria, IL 61605

9,060 SF brick warehouse with revenue-generating billboard in downtown Peoria.

Property Size9,060 SF
Price / SF$16.56
Days on Market328

Property Features for 1409 SW JEFFERSON Avenue

General Information

Standard status Active
Size 9,060 SF
Property subtype Industrial
Zoning CN

Building Details

Building Size 9,060 SF
Year Built 1941
Listing Agency: RE/MAX
Listed By: Jessica Ball · License #475175281
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 18 at 4:13AM

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.

Located on the corner of SW Jefferson Ave and N McArthur Hwy in downtown Peoria, this brick warehouse, formerly Vachon Brake Service and Parts, comprises 9,060 sq. ft. The building features 7 garage doors, multiple restrooms, storage rooms, and offices. It is equipped with 4 overhead heaters and 3-phase electric. The warehouse has 14+ ft high ceilings. The overhead door sizes are 12' x 11' and 12' x 13'. A revenue-generating billboard is located on one of the vacant parcels, with a contract coming up for renewal. Equipment for brake service, lifts, wheel balance and alignment, drive shaft and engine balance is also available. The property includes the following parcels: 18-08-480-004 (0.46 acres), 18-08-480-006 (0.06 acres), 18-08-480-003 (0.05 acres), 18-08-480-002 (0.48 acres), 18-08-480-010 (0.10 acres).

Key Highlights

  • High‑traffic downtown location at the corner of SW Jefferson Ave and N McArthur Hwy.
  • Large 9,060 sq. ft. brick warehouse with 14+ ft ceilings.
  • Seven (7) garage doors for easy access and operations.

Property Analytics

Current Use

Vachon Brake Service ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic Furniture & Home Goods

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

431
Businesses Nearby
Under-served
Demand for This Use

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Cook Mini Storage 113 Abington St, Peoria, IL 61603
  • PHD Services 519 Abington St, Peoria, IL 61603

Frequently Asked Questions

What type of property is this?
Warehouse - 9,060 SF brick warehouse with revenue-generating billboard in downtown Peoria.
Where is this warehouse located?
The property is located at 1409 SW JEFFERSON Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: High‑traffic downtown location at the corner of SW Jefferson Ave and N McArthur Hwy.; Large 9,060 sq. ft. brick warehouse with 14+ ft ceilings.; Seven (7) garage doors for easy access and operations.
More about this property
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