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Mixed-Use Corner Commercial Building
For Sale
$330,000

2422 N North St, Peoria, IL 61604

Two tenant spaces include a barber shop and restaurant at a signalized intersection.

Property Size4,085 SF
Lot Size0.26 Acres
Price / SF$80.78
Days on Market26

Property Features for 2422 N North St

General Information

Standard status Active
Size 4,085 SF
Lot size 0.26 Acres

Site & Location

Corner Location Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball, Jessica Ball · License #475175281
Source: Schaublerealty
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 29 at 6:34PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 4,085-square-foot mixed-use commercial building occupies a 0.26-acre parcel in Peoria. The property contains two occupied tenant spaces, with a barber shop and restaurant currently in place. Both leases are month to month, providing a flexible arrangement for an owner-occupant or investor.

Located at 2422 N North St, the building sits at the intersection of North and McClure with entrances from both streets. The corner is controlled by traffic signals and is directly across from the Peoria Public Library, with Wright and Salmon Mortuary next door. Its combination of existing commercial occupancy, dual-street access, and a visible corner setting supports a range of mixed-use operating configurations.

Key Highlights

  • 4,085‑square‑foot commercial building on a 0.26‑acre parcel
  • Two existing tenants: a barber shop and restaurant
  • Both tenant leases are month to month

Property Analytics

Current Use

Blessed and Gifted Hands Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Nail Salon Hair Salon

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 24% Home Improvements & Furnishings 4%
McDonald's Dining
24,776 visits/mo 0.3 miles
BP Shops & Services
4,395 visits/mo 0.3 miles
Phillips 66 Shops & Services
3,662 visits/mo 0.2 miles
Ace Hardware Home Improvements & Furnishings
1,227 visits/mo 0.2 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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two tenant spaces include a barber shop and restaurant at a signalized intersection.
Where is this mixed-use property located?
The property is located at 2422 N North St Peoria, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 4,085‑square‑foot commercial building on a 0.26‑acre parcel; Two existing tenants: a barber shop and restaurant; Both tenant leases are month to month
More about this property
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