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Dry Cleaning Retail Space
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320-328 N Western Ave., Peoria, IL 61604

Existing dry-cleaning operation with off-street parking and potential for another retail use.

Property SizeContact for details
Days on Market145

Property Features for 320-328 N Western Ave.

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Eric Heard
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:27PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This retail property currently operates as a dry-cleaning business at 320-328 N. Western Ave. in Peoria, Illinois. The existing use provides an established commercial format, while the property information also identifies potential for conversion to a different retail use. The site includes 8 off-street parking spaces.

Key Highlights

  • Operating dry‑cleaning retail property
  • Potential conversion to a new retail use
  • 8 off‑street parking spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Skin Care Clinic Furniture & Home Goods

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

572
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
McDonald's Dining
24,892 visits/mo 0.2 miles
BP Shops & Services
6,887 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,274 visits/mo 0.2 miles
Dollar General Shops & Services
6,151 visits/mo 0.4 miles
Family Dollar Shops & Services
3,649 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 - Existing dry-cleaning operation with off-street parking and potential for another retail use.
Where is this retail space located?
The property is located at 320-328 N Western Ave. Peoria, IL.
What are key features of this property?
This property features: Operating dry‑cleaning retail property; Potential conversion to a new retail use; 8 off‑street parking spaces
More about this property
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