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    4218-4222 N Sheridan Rd Peoria, IL 61614

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    For Lease
    $12 SF/Yr ($1,216 /Mo)

    Retail spaces available in well-located Peoria strip center.

    Property size:
    1,216 SF
    Lot size:
    0.34 Acres

    Property Features for 4218-4222 N Sheridan Rd

    General Information

    Size
    1,216 SF
    Lot size
    0.34 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

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

    Overview

    Retail Strip Center For Lease

    This well-located retail strip center features four units and is situated at a busy intersection in Peoria. Three units are available for lease, ranging in size from 1,216 to 1,638 square feet. The property benefits from excellent street visibility and exposure to high daily traffic counts. The location is in a dense commercial area surrounded by national retailers, restaurants, and professional services. The property features floor-to-ceiling window frontage for ample natural light and exposure. A common bathroom is available. Traffic counts reach 11,400 cars per day on Sheridan Road and 7,050 cars per day on Lake Street.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6027805
    Latitude
    40.7391517

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in well-located Peoria strip center.
    Where is this strip mall located?
    The property is located at 4218-4222 N Sheridan Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Well-located 4-unit retail strip center.; - Located at a busy intersection with high daily traffic counts.; - Excellent street visibility and exposure.
    (309) 643-0717
    Request Owner's contact information
    4218-4222 N Sheridan Rd 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
    4218-4222 N Sheridan Rd Peoria, IL 61614
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