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Retail Strip Center with Digital Signage
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4700 N University St, Peoria, IL 61614

Retail strip center on signalized full-access intersections with a large digital pylon sign and ample on-site parking.

Property Size6,000 SF
Days on Market967

Property Features for 4700 N University St

General Information

Standard status Active
Size 6,000 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Amenities

digital pylon sign
on-site management office
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Dec 6, 2023 Changed: Jul 29 Last Checked: Jul 30 at 2:31PM

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 Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail strip center offers a strong tenant environment with a large digital pylon sign for visibility. The property includes ample on-site parking and an on-site management office to support day-to-day operations.

The center is positioned at one of Peoria’s busiest intersections at University Street and Glen Avenue, both providing full-access, signalized entry. University Street averages 20,000 cars per day, and Glen Avenue averages 13,500 cars per day traveling past the property.

The shopping center is anchored by Schnucks, Sunrise Health Foods, and Joann, and the surrounding area draws consistent community activity, including weekend events such as the Peoria farmers market.

Key Highlights

  • Retail strip center at University St & Glen Ave in the center of Peoria on full‑access, signalized entrances
  • University St averages 20,000 cars per day and Glen Ave averages 13,500 cars per day passing the property
  • Large digital pylon sign provides signage opportunity

Property Analytics

Current Use

Jimmy John's Take-out & Catering Nick-N-Willy's Pizza Peoria Restaurant Roger G Burke ... (Bike/Boat/Book/etc) Store Rocky Mountain Chocolate ... Specialty Food Shop Mega Replay Peoria Arcade & Gaming Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts Store

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,110
Businesses Nearby
334k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 35% Shops & Services 20% Apparel 4%
Hy-Vee Groceries
49,807 visits/mo 0.4 miles
Kroger Groceries
31,272 visits/mo 0.3 miles
Schnucks Groceries
27,814 visits/mo 0.2 miles
Chili's Grill & Bar Dining
25,059 visits/mo 0.3 miles
Culver's Dining
24,558 visits/mo 0.2 miles

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 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?
Strip mall - Retail strip center on signalized full-access intersections with a large digital pylon sign and ample on-site parking.
Where is this strip mall located?
The property is located at 4700 N University St Peoria, IL.
What are key features of this property?
This property features: Retail strip center at University St & Glen Ave in the center of Peoria on full‑access, signalized entrances; University St averages 20,000 cars per day and Glen Ave averages 13,500 cars per day passing the property; Large digital pylon sign provides signage opportunity
(630) 954-7221 Call to check price and availability
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