2026 N University St, Peoria, IL
Stand-alone building suitable for medical, retail, or office use.
- Added:
- Jun 25, 2025
- Days on Market:
- 360
- Last Refresh:
- May 20 at 9:08 pm
Property Features for 2026 N University St
General Information
- Standard status
- Active
- Size
- 1,332 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing agent Steve Reeves (309) 550-0139
Listing office Joseph & Camper Commercial (309) 550-0139
Listing date Jun 25, 2025
Source Moodyscre
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 Joseph & Camper Commercial
HighLights
- Stand alone building with great exposure to University Street
- Ideal for medical, retail, or office use offering flexibility
- Ample parking in rear
- Streetside sign pylon for additional exposure
- Security system installed
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $24.00 |
| − Vacancy | −$3.2k | −$2.40 |
| EGI | $28.8k | $21.60 |
| − OpEx | −$11.5k | −$8.64 |
| NOI | $17.3k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6128
- Latitude
- 40.7127
