Storefront Property with Updated
For Lease
Contact for pricing
631 W Main Street, Peoria, IL 61606
The building offers retail or office space with recent flooring, plumbing, electrical, and roofing improvements.
Space SizeContact for details
Property Size1,840 SF
Days on Market665
Property Features for 631 W Main Street
General Information
Standard status
Active
Size
1,840 SF
Zoning
WM Comm
Lease Type
Gross
Taxes and HOA fees
Annual Taxes
$2,885
Building Details
Building Size
1,840 SF
Listing Agency:
RE/MAX Traders Unlimited
(309) 363-2929
Listed By:
Jessica Ball · License #475175281
(309) 363-2929
Source:
Craggsrealtors
Added: Nov 4, 2024
Changed: Aug 30
Last Checked: Aug 21 at 6:15AM
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 storefront property at 631 W. Main Street in Peoria contains 1,840 SF configured for retail or office use. The building was formerly operated as a bar and is positioned for interior remodeling by a new owner or occupant. Improvements include new flooring, plumbing, and an electric panel, along with a roof installed in 2018.
The property sits between Bradley University and downtown Peoria, providing a setting connected to both the university area and the downtown district. Its existing commercial layout and recent building-system work provide a foundation for continued retail, office, or other supported storefront use.
The property sits between Bradley University and downtown Peoria, providing a setting connected to both the university area and the downtown district. Its existing commercial layout and recent building-system work provide a foundation for continued retail, office, or other supported storefront use.
Key Highlights
- 1,840 SF storefront building
- Retail or office use
- New flooring, plumbing, and electric panel
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,411
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 23%
Shell
Shops & Services
9,477 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,855 visits/mo
0.5 miles
Jimmy John's
Dining
3,440 visits/mo
0.5 miles
Papa John's Pizza
Dining
2,267 visits/mo
0.4 miles
Mobil
Shops & Services
2,174 visits/mo
0.1 miles
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
Lease Benchmarks for Peoria, IL
$12.4 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
8,564 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Steins garden and gifts — Peoria, IL 61602
- 309 Flowers And Gift Shop — 715 W Main St, Peoria, IL 61606
Frequently Asked Questions
What type of property is this?
Storefront property - The building offers retail or office space with recent flooring, plumbing, electrical, and roofing improvements.
Where is this storefront property located?
The property is located at 631 W Main Street Peoria, IL.
What are key features of this property?
This property features: 1,840 SF storefront building; Retail or office use; New flooring, plumbing, and electric panel
