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Flex Warehouse with Loft
For Sale
$229,000

2627 N Sheridan Rd, Peoria, IL 61604

Move-in ready flex/warehouse space with an open basement, second-floor loft, and resurfaced parking lot.

Property Size4,535 SF
Price / SF$50.50
Days on Market65

Property Features for 2627 N Sheridan Rd

General Information

Standard status Active
Size 4,535 SF
Listing Agency: Keller Williams Premier Realty
Listed By: Zachary Oyler · License #475172173
Source: Schaublerealty
Added: Jul 8 Changed: Sep 10 Last Checked: Sep 9 at 10:00PM

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 Keller Williams Premier Realty

Investment Insights

Based on property information with market context.

This move-in ready flex warehouse property offers a large open basement plus a second-floor loft with windows. The layout supports a variety of operations, including uses such as retail, warehousing, activities, and restaurant concepts, depending on tenant needs.

The property is located at a five-street intersection on Sheridan Rd, and it includes a parking lot that has been resurfaced. Public remarks indicate the building has had numerous improvements intended to support immediate occupancy or future growth.

Overall, the building combines open interior space across two levels with on-site parking, providing a flexible foundation for businesses seeking room to operate and adapt within one structure.

Key Highlights

  • Flex/warehouse space at the intersection of 5th Street and Sheridan Rd with high traffic potential
  • Large open basement provides flexible space for storage or additional usable area
  • Second‑floor loft with windows adds additional space and natural light

Property Analytics

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Current Use

Trico Business Solutions Marketing & Advertising Peoria's Best Businesses Marketing & Advertising Trico IT Solutions (Bike/Boat/Book/etc) Store Dank Bank LLC Clothing Store

Suggested Use

Top Pick Law Firm Spa & Massage Center HVAC Service Kitchen & Bath Showroom Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

659
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • PeoriaBBQ 2400 N Linn St, Peoria, IL 61602, United States
  • The Chef and The Baker 106 E McClure Ave, Peoria, IL 61603

Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready flex/warehouse space with an open basement, second-floor loft, and resurfaced parking lot.
Where is this flex space located?
The property is located at 2627 N Sheridan Rd Peoria, IL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Flex/warehouse space at the intersection of 5th Street and Sheridan Rd with high traffic potential; Large open basement provides flexible space for storage or additional usable area; Second‑floor loft with windows adds additional space and natural light
More about this property
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