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Two-Story Brick Office Building
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7820 N University St, Peoria, IL 61614

Two-story brick office building offers multiple lease spaces with elevator access to the second floor.

Property Size734 SF
Days on Market312

Property Features for 7820 N University St

General Information

Standard status Active
Size 734 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Traffic Count 35,600 vehicles/day

Amenities

free parking
lift

Building Details

Stories 2
Construction brick
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Sep 26, 2025 Changed: Jul 25 Last Checked: Aug 2 at 10:47AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This two-story brick office building includes two spaces available for lease. The property offers a flexible floor plan and includes lift access in the lobby for handicap accessibility to the second floor.

The building is highly visible at a busy intersection on North University Street and Pioneer Parkway, with traffic counts reported at approximately 35,600 vehicles per day. Abundant free parking is available onsite, and numerous retailers and restaurants are located nearby.

For financing and operating cost planning, the listing notes an NNN amount of $5.18 per square foot.

Key Highlights

  • Highly visible two‑story brick office building in North Peoria at the busy intersection of University St and Pioneer Parkway
  • Traffic counts of approximately 35,600 cpd at University St and Pioneer Parkway
  • Two spaces available for lease with a flexible floor plan

Property Analytics

Current Use

Rees Lem R Counselor The Title Center Insurance Agency Western & Southern Life ... Insurance Agency Phoenix Wellness, PLLC Crisis Center Krystyn Gunther, LCSW Counselor

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Hotel & Motel Electrical Service

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

35,600 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

879
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

$21.87 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
10,509 SF
Avg Space Size

This space is priced 59% below the average of $21.87 /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
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Frequently Asked Questions

What type of property is this?
Office units - Two-story brick office building offers multiple lease spaces with elevator access to the second floor.
Where is this office units located?
The property is located at 7820 N University St Peoria, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Highly visible two‑story brick office building in North Peoria at the busy intersection of University St and Pioneer Parkway; Traffic counts of approximately 35,600 cpd at University St and Pioneer Parkway; Two spaces available for lease with a flexible floor plan
(309) 643-0717 Call to check price and availability
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