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West Peoria Office Investment Opportunity
For Sale
$420,000

1716 N University St., West Peoria, IL 61604

Office property in West Peoria with investment potential.

Property Size11,496 SF
Price / SF$36.53
Days on Market93

Property Features for 1716 N University St.

General Information

Standard status Active
Size 11,496 SF
Class C
Property subtype Office

Building Details

Building Size 11,496 SF
Year Built 1954
Listing Agency: Maloof Commercial
Listed By: Madison Maloof · License #IL #475.180439
Source: Maloofcom
Added: May 27 Changed: Aug 26 Last Checked: Aug 7 at 5:41AM

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.

Located in West Peoria, this property is suited for office or office building investors. The surrounding area features a commercial landscape with access to amenities and attractions. Retail and dining options are conveniently nearby, as is access to major transportation routes. Points of interest in the vicinity include Bradley University, Grand View Drive, and the Peoria Riverfront. The property offers investment potential in West Peoria.

Key Highlights

  • Prime location in West Peoria, ideal for Office or Office Building investment.
  • Thriving commercial landscape with convenient access to amenities and attractions.
  • Easy access to retail, dining, and major transportation routes.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Auto Parts Store Spa & Massage Center

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

277
Businesses Nearby

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value

Market

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?
Office building - Office property in West Peoria with investment potential.
Where is this office building located?
The property is located at 1716 N University St. West Peoria, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Prime location in West Peoria, ideal for Office or Office Building investment.; Thriving commercial landscape with convenient access to amenities and attractions.; Easy access to retail, dining, and major transportation routes.
More about this property
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