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Remodeled Retail Building with Parking
For Sale
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2027 W Farmington Road, West Peoria, IL 61604

Extensively remodeled to create four separately metered retail spaces with large parking and a basement included.

Property SizeContact for details
Days on Market134

Property Features for 2027 W Farmington Road

General Information

Standard status Active
Property subtype Retail
Occupancy 50%

Building Details

Year Renovated 2006
Listing Agency: Maloof Commercial Real Estate
Listed By: Jason Miller · License #IL 475164113
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 7:52AM

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 Real Estate

Investment Insights

Based on property information with market context.

This extensively remodeled retail building was updated in 2006 to create four separate retail spaces. The property is currently configured with two spaces occupied by a restaurant and two additional spaces that are vacant, and each space is separately metered for utility control.

The building includes a basement of 3,540 sf that is included in the total building square footage. A large parking lot is provided to accommodate multiple businesses and customers.

The tenant-ready layout supports a multi-suite setup within one structure, with separation by metering and independent retail spaces.

Key Highlights

  • Extensively remodeled in 2006 to create four separate retail spaces
  • Two of the four retail spaces currently occupied by a restaurant; two spaces are vacant
  • Each retail space is separately metered

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store

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

50%
Occupancy

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 38%
McDonald's Dining
24,892 visits/mo 0.5 miles
Casey's General Store Shops & Services
15,396 visits/mo 0.1 miles

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 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 - Extensively remodeled to create four separately metered retail spaces with large parking and a basement included.
Where is this retail space located?
The property is located at 2027 W Farmington Road West Peoria, IL.
What are key features of this property?
This property features: Extensively remodeled in 2006 to create four separate retail spaces; Two of the four retail spaces currently occupied by a restaurant; two spaces are vacant; Each retail space is separately metered
(309) 693-3000 Call to check price and availability
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