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Vehicle-Related Commercial Lot
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518 W MAIN Street, Peoria, IL 61606

Vehicle-related commercial lot with a small brick-and-aluminum office building and flat roof.

Property Size732 SF
Lot Size0.23 Acres
Price / SF$81.97
Days on Market50

Property Features for 518 W MAIN Street

General Information

Standard status Active
Size 732 SF
Class C
Lot size 0.23 Acres
Property subtype Land, Special Purpose
Zoning WM
Investment Type Owner/User

Building Details

Year Built 1980
Buildings 2
Stories 1
Listing Agency: RE/MAX Traders Unlimited
Listed By: Michael Kolbus · License #475.213462
Source: Crexi
Added: Jul 6 Changed: Aug 14 Last Checked: Aug 23 at 3:47AM

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.

This vehicle-related commercial lot includes a small office building constructed with brick and aluminum wall materials and a flat roof. The property is suited for commercial activity supported by its existing office improvements and outdoor lot configuration.

The site is located at 518 W Main Street in Peoria, IL and is zoned WM Form District, which allows for a variety of commercial uses. For details on allowable uses and site specifics, contact the exclusive brokers listed for this offering.

Key Highlights

  • Vehicle‑related commercial lot with a small office building at 518 W Main Street, Peoria, IL
  • Lot size is 0.23 acres
  • Office building features brick and aluminum wall construction with a flat roof

Property Analytics

Current Use

Benedict Auto Sales Car Dealership

Suggested Use

Top Pick Real Estate Agency Plumbing Service Nail Salon Storage Facility Hair Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,411
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Vehicle-related commercial lot with a small brick-and-aluminum office building and flat roof.
Where is this office units located?
The property is located at 518 W MAIN Street Peoria, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Vehicle‑related commercial lot with a small office building at 518 W Main Street, Peoria, IL; Lot size is 0.23 acres; Office building features brick and aluminum wall construction with a flat roof
(309) 258-7746 Call to check price and availability
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