4700 North University Street Peoria, IL 61614

Listing office Mid-America Real Estate

Listing date Jul 6, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Mid-America Real Estate Corporation is marketing the 100% fee simple interest in Metro Centre Outlots, located at 4700 North University Street, Peoria, IL. The offering includes five freestanding buildings positioned within Metro Centre, a historic community shopping center.

The outlots comprise four freestanding multi-tenant retail buildings and one freestanding single-tenant building. This configuration provides a mix of multi-tenant and single-tenant structures within the broader Metro Centre shopping center.

The sale is structured as a fee simple acquisition of the full ownership interest in the outlot buildings.

Key Highlights

• Fee simple sale of 100% interest in Metro Centre Outlots in Peoria, IL.
• Includes 5 freestanding retail buildings positioned within Metro Centre.
• Four freestanding multi‑tenant buildings in the offering.

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FAQs

What type of property is this?

Shopping center - Fee simple sale of five freestanding retail buildings, including four multi-tenant structures and one single-tenant building.

Where is this shopping center located?

The property is located at 4700 North University Street Peoria, IL.

What is the asking price?

The asking price for this property is $4,260,000.

What are key features of this property?

This property features: Fee simple sale of 100% interest in Metro Centre Outlots in Peoria, IL.; Includes 5 freestanding retail buildings positioned within Metro Centre.; Four freestanding multi‑tenant buildings in the offering.