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Upper-Level Office Unit
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7501 N University Street #202, Peoria, IL 61614

C-2-zoned workspace with a reception area, workrooms, conference space, and private restrooms.

Space Size1,325 SF
Property Size65,000 SF
Days on Market10

Property Features for 7501 N University Street #202

General Information

Standard status Active
Size 1,325 SF
Net Rentable 1,325 SF
Zoning C-2

Space & Availability

Available Space 1,325 SF
Contiguous Space 1,325 SF
Divisible No
Floor Upper Level
Space Use Office
Condition Turnkey
Private Offices 1

Lease Terms

Lease Rate $1,000 /USD/MO
Monthly Rent $1,000
Rent per SF/Year $9.06

Taxes and HOA fees

Annual Taxes $71,812

Amenities

secured entry airlock
reception area
utility room
private restrooms
large windows

Building Details

Building Size 65,000 SF
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Craggsrealtors
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 20 at 2:17PM

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 #202 is a 1,325 SF office unit on the upper level of Pioneer Square Shopping Center at 7501 N University Street in Peoria. The layout includes a secured entry airlock, reception area, 1 office, 2 large workrooms that can serve as conference space, a utility room, and 2 private restrooms. Large windows provide natural light in the front rooms, while direct access from parking is available through the north entry.

The shopping center sits along the primary route connecting central Peoria with North Peoria and is near the Industrial Park. The surrounding area includes shopping, dining, service businesses, and professional offices. Additional office and retail units ranging from 500 SF to 4,000 SF are also available within the center.

Key Highlights

  • 1,325 SF upper‑level office unit at 7501 N University Street #202, Peoria, IL 61614
  • C‑2 zoning
  • Secured entry airlock with reception area

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
NNN (Triple Net)
Lease Type
$1.36 /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

$19.53 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
6,251 SF
Avg Space Size

This space is priced 54% below the average of $19.53 /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?
Office units - C-2-zoned workspace with a reception area, workrooms, conference space, and private restrooms.
Where is this office units located?
The property is located at 7501 N University Street #202 Peoria, IL.
What are key features of this property?
This property features: 1,325 SF upper‑level office unit at 7501 N University Street #202, Peoria, IL 61614; C‑2 zoning; Secured entry airlock with reception area
More about this property
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