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Multi-Unit Office/Retail/Warehouse
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8001 N University St, Peoria, IL 61615

Income-producing office, retail, and warehouse building with four main-level units and elevator-served second-level office.

Property Size37,750 SF
Price / SF$47.68
Days on Market2498

Property Features for 8001 N University St

General Information

Standard status Active
Size 37,750 SF
Property subtype RETAIL
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Sep 30, 2019 Changed: Jul 27 Last Checked: Aug 1 at 11:16AM

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 income-producing 37,750 SF office/retail/warehouse property is configured with four units on the main level totaling 29,902 SF. Unit 1A and a portion of Unit 1B are currently occupied by ARI through November 30, 2024, with primarily office space and some warehouse area at the rear, including one 10 x 12 overhead door. Unit 1D is occupied by Batteries & Bulbs through September 30, 2030.

The property includes an additional 4,207 SF of built-out office space on a second level, served by an elevator, and is supported by a sprinkler system. The site sits on 4.59 acres and provides abundant surface parking.

Key Highlights

  • Income‑producing 37,750 SF office/retail/warehouse building for sale in North Peoria
  • 29,902 SF main level currently set up with four units, including one 10 x 12 overhead door with rear warehouse space
  • Leased space includes ARI in Unit 1A and part of Unit 1B through Nov 30, 2024 and Batteries & Bulbs in Unit 1D through Sep 30, 2030

Property Analytics

Current Use

Chinmaya Mission Peoria Religious School We Fix It ... Computer & Electronic Repair Batteries Plus Auto Parts Store ARi Global Solutions (Bike/Boat/Book/etc) Store FedEx Drop Box Postal Service

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Flex space - Income-producing office, retail, and warehouse building with four main-level units and elevator-served second-level office.
Where is this flex space located?
The property is located at 8001 N University St Peoria, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Income‑producing 37,750 SF office/retail/warehouse building for sale in North Peoria; 29,902 SF main level currently set up with four units, including one 10 x 12 overhead door with rear warehouse space; Leased space includes ARI in Unit 1A and part of Unit 1B through Nov 30, 2024 and Batteries & Bulbs in Unit 1D through Sep 30, 2030
(309) 643-0717 Call to check price and availability
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