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Retail Suite with Private Offices
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7501 N University Street #122, Peoria, IL 61614

Main-level commercial space offers a spacious customer area, two enclosed offices, kitchenette, and private restroom.

Space Size1,950 SF
Property Size65,000 SF
Days on Market173

Property Features for 7501 N University Street #122

General Information

Standard status Active
Size 1,950 SF
Net Rentable 1,950 SF
Zoning C-2

Space & Availability

Available Space 1,950 SF
Contiguous Space 1,950 SF
Floor Ground
Space Use Office
Condition Move-in Ready
Sublease No
Available From Immediate
Private Offices 2

Lease Terms

Lease Rate $1,250 /USD/MO
Monthly Rent $1,250
Rent per SF/Year $7.69

Site & Location

Anchor Co-Tenants Le Peep Restaurant
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $71,812

Building Details

Building Size 65,000 SF
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Shawneehillsrealestate
Added: Mar 3 Changed: Aug 22 Last Checked: Aug 22 at 6:51AM

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.

Suite 122 provides 1,950 SF on the main level of Pioneer Square at 7501 N University Street in Peoria. The layout combines a broad central area with two private offices, a kitchenette equipped with a vent, and a dedicated restroom. Additional room is available within the suite for a conference room or more office partitions.

The storefront faces University Street and sits next to Le Peep Restaurant, providing a prominent position within the shopping center. C-2 zoning supports the existing retail-space classification, and the suite is available for lease with immediate occupancy identified in the property information.

Key Highlights

  • 1,950 SF main‑level retail suite
  • Two private offices plus a large central area
  • Kitchenette with vent and private restroom

Property Analytics

Current Use

Illinois Alcohol & Drug ... Medical Clinic Dukes Business Consulting Business Management Consultant Sylvan Learning of Peoria Tutoring Service Armstrong James L ... Dental Office Barkley Connie Dental Office

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,111
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

Lease Benchmarks for Peoria, IL

$16.14 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
7,038 SF
Avg Space Size

This space is priced 52% below the average of $16.14 /SF/Yr.

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?
Retail space - Main-level commercial space offers a spacious customer area, two enclosed offices, kitchenette, and private restroom.
Where is this retail space located?
The property is located at 7501 N University Street #122 Peoria, IL.
What are key features of this property?
This property features: 1,950 SF main‑level retail suite; Two private offices plus a large central area; Kitchenette with vent and private restroom
More about this property
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