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Mixed-Use Building with Apartment
For Sale
$109,000

3709 Sheridan Rd, Peoria, IL 61614

Main-floor commercial space is paired with an upper-level apartment and separate basement storage.

Property Size1,463 SF
Days on Market194

Property Features for 3709 Sheridan Rd

General Information

Standard status Active
Size 1,463 SF
Class B
Property subtype Multi Tenant Office

Additional Details

Office Units 1

Building Details

Building Size 1,463 SF
Year Built 1929
Year Renovated 2022
Buildings 1
Stories 2

Properties For Sale

at 3709 Sheridan Rd Contact us

3709 Sheridan

Size
1,463 SF
Lease Type
Gross
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 8:33PM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This mixed-use property combines an office-oriented commercial suite with a residential apartment in a building constructed in 1929. The main level contains 1,127 SF configured with a kitchen, conference area, private office, and restroom, supporting office or retail use. Basement storage is also available separately.

The upper floor adds a 336 SF one-bedroom, one-bath apartment that is currently occupied by a tenant. Recent property improvements include a roof replacement in 2020, followed by updated LED lighting, ceilings, fixtures, flooring, kitchen finishes, and paint in 2022. The building is situated just off the intersection of War Memorial and Sheridan Road in Peoria and is offered for sale or lease.

Key Highlights

  • 1,127 SF main‑floor commercial suite with kitchen, conference area, private office, and restroom
  • 336 SF upper‑level apartment with 1 bedroom and 1 bath
  • Apartment is currently occupied by a tenant

Property Analytics

Current Use

bk7-13, p.c. an Illinois ... Law Firm

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Law Firm Daycare Center Pet Grooming Service Bakery

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

1
Office units

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-floor commercial space is paired with an upper-level apartment and separate basement storage.
Where is this mixed-use property located?
The property is located at 3709 Sheridan Rd Peoria, IL.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 1,127 SF main‑floor commercial suite with kitchen, conference area, private office, and restroom; 336 SF upper‑level apartment with 1 bedroom and 1 bath; Apartment is currently occupied by a tenant
More about this property
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