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Fully Leased Office Building
For Sale
$575,000

4809 Sheridan Road, Peoria, IL 61614

C1-zoned office property with health and wellness tenants, lower-level training space, and accessible on-site parking.

Property Size4,586 SF
Price / SF$125.38
Days on Market446

Property Features for 4809 Sheridan Road

General Information

Standard status Active
Size 4,586 SF
Total Parking Spaces 33
Property subtype Commercial
Zoning C1
Occupancy 100%

Additional Details

Cap Rate 8.6%
Road Access Yes

Taxes and HOA fees

Annual Taxes $17,390

Amenities

monument sign
ADA accessible ramps
ADA accessible doors

Building Details

Building Size 4,586 SF
Year Built 1980
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Jessica Ball · License #475175281
Source: Craggsrealtors
Added: May 23, 2025 Changed: Aug 11 Last Checked: Aug 11 at 6:14AM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

The 4,586-square-foot office property includes 3,669 square feet on the main level and 917 square feet in the lower level. The lower level contains classroom and training areas used by tenants. The building is fully leased, with a chiropractic office and four additional tenant leases serving health and wellness uses.

Located at 4809 Sheridan Road in Peoria, the property has direct parking-lot access from Sheridan Road and 33 parking spaces. Improvements include a large monument sign, ADA-accessible ramps, and ADA-accessible doors. C1 zoning and an in-place 8.6% cap rate provide additional property-level detail for evaluation.

Key Highlights

  • 4,586 total square feet, including 3,669 square feet on the main level and 917 square feet below grade
  • Fully leased to a chiropractic office and four additional health and wellness tenants
  • Lower level includes classroom and training areas used by tenants

Property Analytics

Current Use

Lavick Counseling Services Counselor Pathway To Peace Family Counselor The Holistic Health Center ... Alternative Medicine Practice Nicole L. Lackner, ... Alternative Medicine Practice Sara L. Lawson, ... Alternative Medicine Practice

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

793
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - C1-zoned office property with health and wellness tenants, lower-level training space, and accessible on-site parking.
Where is this office building located?
The property is located at 4809 Sheridan Road Peoria, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4,586 total square feet, including 3,669 square feet on the main level and 917 square feet below grade; Fully leased to a chiropractic office and four additional health and wellness tenants; Lower level includes classroom and training areas used by tenants
More about this property
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