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    5016 N University St Peoria, IL 61614

    For Lease
    $9 SF/Yr ($1,228 /Mo)

    Office suites available for lease in Peoria, Illinois.

    Property size:
    1,638 SF
    Lot size:
    1.65 Acres

    Property Features for 5016 N University St

    General Information

    Size
    1,638 SF
    Lot size
    1.65 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Glenhaven Professional Center Office Suites

    Three suites are available for lease at Glenhaven Professional Center. The suites can be leased individually or combined to offer spaces of 2,344 square feet, 2,830 square feet, or 3,982 square feet. Floor plans are available illustrating the layouts. The property is zoned O-1 and features a tenant mix of medical and general office professionals. It is centrally located on University Street, just off Glen Avenue. The location benefits from traffic counts of 20,200 cars per day. The property has a total size of 1,638 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Aeon Social Emotional ... Counselor Integrated Wellness Nurse Practitioner Angela Sinclair Hawley Counselor HearingLife of Peoria IL Doctor Stretch Robert W Counselor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6118426
    Latitude
    40.7490937

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    FAQs

    What type of property is this?
    Office space - Office suites available for lease in Peoria, Illinois.
    Where is this office space located?
    The property is located at 5016 N University St Peoria, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Flexible suite sizes: Lease individually or combine for 2,344 SF, 2,830 SF, or 3,982 SF.; - Centrally located on University, just off Glen Ave.; - Zoned O-1 with a mix of medical and general office professionals.
    (309) 643-0717
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    5016 N University St Peoria, IL 61614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5016 N University St Peoria, IL 61614
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