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Hair Salon Suite with Large Windows
For Lease
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8218 N University Street, Peoria, IL 61615

Retail-ready salon suite features shampoo bowls, two restrooms including ADA, and an open layout with large natural-light windows.

Property Size800 SF
Days on Market1234

Property Features for 8218 N University Street

General Information

Standard status Active
Size 800 SF

Amenities

restrooms
ADA restroom
breakroom area
storage
large windows for natural light
walk-in access

Building Details

Building Size 36,640 SF
Listing Agency: The Kim Group
Listed By: Katie Kim · License #471020018
Source: Shawneehillsrealestate
Added: Mar 15, 2023 Changed: Jul 26 Last Checked: Jul 30 at 1:05PM

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 The Kim Group

Investment Insights

Based on property information with market context.

This suite is currently set up for a hair salon and is available for lease. The interior includes shampoo bowls that are roughed-in, two restrooms with one ADA restroom, a breakroom area, storage, and a largely open layout. Large windows bring in natural light, and the suite offers a practical, client-facing flow from the front entry.

The space is easily visible from University and provides walk-in access to the front door. Similar businesses operate within the building, which can support a user looking for a compatible retail or service environment.

The current lease expires 09/30/2023, with the suite available for lease beginning 10/01/2023, or potentially sooner.

Key Highlights

  • Hair salon suite available for lease, with current tenant lease expiring 09/30/2023 and suite available 10/01/2023 or sooner
  • Suite is rough‑in ready with shampoo bowls and an open layout featuring large windows for natural light
  • Includes 2 restrooms, including an ADA restroom

Property Analytics

Current Use

IVY Hair Studio Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Grocery & Convenience Store Carpet & Flooring Store Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value

Market

Lease Benchmarks for Peoria, IL

$11 /SF/Yr
Avg Asking Price
$10–$14 /SF/Yr
Price Range
13,827 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail-ready salon suite features shampoo bowls, two restrooms including ADA, and an open layout with large natural-light windows.
Where is this retail space located?
The property is located at 8218 N University Street Peoria, IL.
What are key features of this property?
This property features: Hair salon suite available for lease, with current tenant lease expiring 09/30/2023 and suite available 10/01/2023 or sooner; Suite is rough‑in ready with shampoo bowls and an open layout featuring large windows for natural light; Includes 2 restrooms, including an ADA restroom
More about this property
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