Mixed-Use Retail and
For Sale
Contact for pricing
635-641 W Main St, Peoria, IL 61606
Multi-use building with ground-floor retail income, billboard income, and three occupied second-floor apartments.
Property Size7,369 SF
Price / SF$44.10
Days on Market164
Property Features for 635-641 W Main St
General Information
Standard status
Active
Size
7,369 SF
Property subtype
RETAIL
Listing Agency:
Maloof Commercial
(309) 693-3000
Listed By:
Zac Maloof · License #475164113
Source:
Moodyscre
Added: Feb 16
Changed: Jul 25
Last Checked: Jul 29 at 1:26PM
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 Maloof Commercial
Investment Insights
Based on property information with market context.
Prime 7,369-square-foot, zoned WM multi-use commercial property with income-generating ground-floor retail spaces and billboard income. The second floor includes three occupied 2-bedroom, 1-bath residential units with balconies. Long-time retail tenants occupy the main level, with over 9 years of tenancy cited.
Recent exterior and building updates include tuckpointing, exterior painting, a new roof, new windows, and a boiler. Two commercial units have been fully renovated, and one commercial unit has upgraded HVAC.
A private surface parking lot is located at the rear of the building. The property is described as within walking distance of an emerging arts hub on Sheridan and major hospitals. Financial details are available by contacting the broker.
Recent exterior and building updates include tuckpointing, exterior painting, a new roof, new windows, and a boiler. Two commercial units have been fully renovated, and one commercial unit has upgraded HVAC.
A private surface parking lot is located at the rear of the building. The property is described as within walking distance of an emerging arts hub on Sheridan and major hospitals. Financial details are available by contacting the broker.
Key Highlights
- 7,369 SF multi‑use commercial property zoned WM for versatile use
- Income includes ground‑floor commercial spaces plus billboard income
- Three occupied 2‑bed, 1‑bath residential units on the second floor with balconies
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-use building with ground-floor retail income, billboard income, and three occupied second-floor apartments.
Where is this retail space located?
The property is located at 635-641 W Main St Peoria, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 7,369 SF multi‑use commercial property zoned WM for versatile use; Income includes ground‑floor commercial spaces plus billboard income; Three occupied 2‑bed, 1‑bath residential units on the second floor with balconies
