Multi-Use Retail and Office
For Sale
$80,000
2405 UNIVERSITY Street, Peoria, IL 61604
Highly visible N. University Street storefront with strong average peak traffic counts for daily business exposure.
Property Size1,180 SF
Price / SF$67.80
Days on Market32
Property Features for 2405 UNIVERSITY Street
General Information
Standard status
Active
Size
1,180 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$2,788
Amenities
Central Air
3
Carpet
50 x 150
Building Details
Stories
2
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Andrew Barnes
Source:
Xome
Added: Jul 18
Changed: Aug 16
Last Checked: Aug 18 at 4:59AM
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 Jim Maloof Realty, Inc.
Investment Insights
Based on property information with market context.
This multi-use commercial building is offered for sale and is suited to professional office, boutique retail, specialty services, or other business concepts where customization is important. The manageable size supports flexibility for owners looking to tailor the space to their operational needs.
Located at 2405 N University Street in Peoria, the property benefits from prominent visibility along a well-traveled commercial corridor. Public remarks cite an average traffic count of approximately 600 vehicles per hour, with peak periods reaching about 1,000 vehicles per hour, supporting consistent exposure and customer access.
The property presents a straightforward opportunity to own a neighborhood commercial storefront and configure the interior for a range of service-oriented uses.
Located at 2405 N University Street in Peoria, the property benefits from prominent visibility along a well-traveled commercial corridor. Public remarks cite an average traffic count of approximately 600 vehicles per hour, with peak periods reaching about 1,000 vehicles per hour, supporting consistent exposure and customer access.
The property presents a straightforward opportunity to own a neighborhood commercial storefront and configure the interior for a range of service-oriented uses.
Key Highlights
- Highly visible N. University Street storefront location in Peoria with average traffic of ~600 vehicles per hour and peak ~1,000 vehicles per hour.
- Commercial building with central air cooling and carpet flooring.
- Exterior lot dimensions: 50 x 150.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office units - Highly visible N. University Street storefront with strong average peak traffic counts for daily business exposure.
Where is this office units located?
The property is located at 2405 UNIVERSITY Street Peoria, IL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Highly visible N. University Street storefront location in Peoria with average traffic of ~600 vehicles per hour and peak ~1,000 vehicles per hour.; Commercial building with central air cooling and carpet flooring.; Exterior lot dimensions: 50 x 150.
