Mixed-Use Building with
For Sale
Contact for pricing
2612 N Sheridan Rd, Peoria, IL 61604
Commercial property combines retail space, apartments, warehouse storage, and parking on a separate rear parcel.
Property Size9,572 SF
Days on Market142
Property Features for 2612 N Sheridan Rd
General Information
Standard status
Active
Size
9,572 SF
Property subtype
Mixed Use, Multifamily, Retail
Property Condition
Severity
Repairs Needed
Evidence
needs to be renovated
Site & Location
Corner Location
Yes
Road Access
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR, 1 x 1,190 SF
Multifamily Units
3
Additional Details
Gross Income
$58,200
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Traders Unlimited
(309) 687-5000
Listed By:
Jessica Ball · License #475175281
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 3:11AM
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 9,572-square-foot mixed-use building combines commercial and residential components in one property. The existing configuration includes retail-oriented spaces, a one-bedroom apartment, and a two-bedroom apartment. A separate 1,190-square-foot apartment requires renovation before it can be leased, while 1,500 square feet of warehouse area is currently used for storage by the owners.
The property has access from both Sheridan Road and Loucks, with a second parcel providing parking along the rear of the building. Current occupants are on month-to-month arrangements and pay their own utilities. The property is located within the Urban Enterprise Zone identified as PUEZ #9.
The property has access from both Sheridan Road and Loucks, with a second parcel providing parking along the rear of the building. Current occupants are on month-to-month arrangements and pay their own utilities. The property is located within the Urban Enterprise Zone identified as PUEZ #9.
Key Highlights
- 9,572‑square‑foot mixed‑use commercial building
- Separate rear parcel provides parking along the length of the building
- Access points from both Sheridan Road and Loucks
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
659
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property combines retail space, apartments, warehouse storage, and parking on a separate rear parcel.
Where is this mixed-use property located?
The property is located at 2612 N Sheridan Rd Peoria, IL.
What are key features of this property?
This property features: 9,572‑square‑foot mixed‑use commercial building; Separate rear parcel provides parking along the length of the building; Access points from both Sheridan Road and Loucks
