Search
Storefront Property with Garage Storage
For Lease
$599,900

3204 & 08 N University Street, Peoria, IL 61604

Commercial building with auxiliary garage and storage space along University Street.

Space SizeContact for details
Days on Market30

Property Features for 3204 & 08 N University Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,635
Listing Agency: Keller Williams Premier Realty
Listed By: Rebecca Gaetz Bishop (rebeccabishopsellshomes@gmail.com)
Source: Curveyrealestate
Added: Aug 2 Changed: Aug 29 Last Checked: Aug 30 at 5:31PM

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 storefront offering includes an approximately 2,430-square-foot commercial building together with additional garage and storage areas. The property is configured across two parcels, providing a larger site presence and added frontage for commercial use, redevelopment, or an owner-user operation.

Positioned on N University Street in Peoria, the property benefits from exposure to daily traffic within an established commercial corridor. The offering is available for sale or lease, providing flexibility for a range of occupancy and redevelopment plans.

Key Highlights

  • Approximately 2,430 SF commercial building
  • Additional garage and storage space included
  • Two‑parcel offering with expanded site size and frontage

Property Analytics

Current Use

Sun Loan Company Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Spa & Massage Center HVAC Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
254k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Dining 26% Superstores 24% Groceries 10%
Walmart Superstores
60,211 visits/mo 0.2 miles
Hobby Lobby Shops & Services
45,335 visits/mo 0.3 miles
McDonald's Dining
27,567 visits/mo 0.3 miles
Aldi Groceries
24,218 visits/mo 0.2 miles
Steak 'n Shake Dining
12,416 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

Lease Benchmarks for Peoria, IL

$12.4 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
8,564 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with auxiliary garage and storage space along University Street.
Where is this storefront property located?
The property is located at 3204 & 08 N University Street Peoria, IL.
What is the lease rate?
The lease rate is $599,900.
What are key features of this property?
This property features: Approximately 2,430 SF commercial building; Additional garage and storage space included; Two‑parcel offering with expanded site size and frontage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message