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Retail/Office Building with Dual Levels
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7501 N University St, Peoria, IL 61614

Street- and garden-level retail and office spaces with over 172 parking spaces on a 16,400 CPD University Street location.

Property Size120 SF - 3,904 SF
Days on Market498

Property Features for 7501 N University St

General Information

Standard status Active
Size 120 SF - 3,904 SF
Net Rentable 120 SF
Total Parking Spaces 172
Property subtype RETAIL
Lease Type SF/mo

Space & Availability

Available Space 120-3,904 SF
Space Use Office

Additional Details

Traffic Count 16,400 vehicles/day

Building Details

Building Size 65,000 SF
Tenancy Multi
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: Mar 20, 2025 Changed: Jul 30 Last Checked: Jul 30 at 9:31AM

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 Maloof Commercial

Investment Insights

Based on property information with market context.

This retail/office building offers street level and garden level space types currently used for both retail and office. Multiple spaces are available for lease, with unit sizes ranging from 120 SF to 3,904 SF, providing flexibility for a range of tenant needs.

Located at 7501 N University St in Peoria, IL, the property benefits from a high-traffic University Street setting with 16,400 CPD. The site includes abundant parking with over 172 spaces.

The building totals 65,000 SF and is currently home to approximately 33 tenants, supported by an established tenant mix with numerous tenants having a 15-year-plus history at the property.

Key Highlights

  • 16,400 CPD on University Street
  • Over 172 on‑site parking spaces
  • 65,000 SF retail/office building

Property Analytics

Current Use

Illinois Alcohol & Drug ... Medical Clinic Dukes Business Consulting Business Management Consultant Sylvan Learning of Peoria Tutoring Service Armstrong James L ... Dental Office Barkley Connie Dental Office

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Cafe & Coffee Shop

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

16,400 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
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

This space is priced 2% above the average of $11 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street- and garden-level retail and office spaces with over 172 parking spaces on a 16,400 CPD University Street location.
Where is this retail space located?
The property is located at 7501 N University St Peoria, IL.
What is the lease rate?
The lease rate is $1,300 /Mo.
What are key features of this property?
This property features: 16,400 CPD on University Street; Over 172 on‑site parking spaces; 65,000 SF retail/office building
(309) 693-3000 Call to check price and availability
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