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    7336 University St Peoria, IL 61614

    Sponsored
    For Lease
    $12 SF/Yr ($15,600 /Mo)

    Prime Office Space, Multiple Uses

    Lot size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Windsor Square property offers 1,200 square feet of immediately available office space in a 15,600 square foot building. Located at a prime address with convenient access via Willow Knolls, this single-story, Class B building boasts a total of 90 parking spaces, ensuring ample parking for tenants and their clients. Built in 1960 and extensively renovated in 2020, the property provides a blend of classic charm and modern functionality. The space is highly versatile, suitable for a variety of office uses including executive, medical, creative, and traditional office settings. The current tenant mix includes a diverse range of businesses, demonstrating the property's appeal and adaptability. The minimum divisible space is 1,200 square feet, making it ideal for a single tenant or potentially divisible for smaller businesses. The building features a total of one suite, currently offering 1,200 square feet of vacant space. This presents a unique opportunity for a business seeking a well-maintained, conveniently located office space in a thriving community. The property's diverse tenant base, including a licensed therapist, barbershop, insurance agency, communication services, home healthcare provider, smoothie shop, window company, nail salon, hair salon, and chef, speaks to the property's strong location and appeal. Don't miss this chance to secure your ideal office space in Windsor Square.

    Property Features for 7336 University St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,600 SF
    Class
    B
    Total Rate
    15600

    Building Details

    Year Built/Renovated
    1960/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    7318
    Size
    1,200 SF
    Rate per SF
    $12
    Space
    Available Space 2
    Size
    800 SF
    Rate per SF
    $12

    HighLights

    • 15,600 SF multi‑tenant office building with 1,200 SF of immediately available space.
    • Building features a mix of executive, medical, creative, and traditional office suites.
    • 1‑story, Class B building constructed in 1960, renovated in 2020.
    • 90 parking spaces available.
    • Located near Willow Knolls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6209502
    Latitude
    40.7768423

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    FAQs

    What type of property is this?
    Office space - Prime Office Space, Multiple Uses
    Where is this office space located?
    The property is located at 7336 University St Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 15,600 SF multi-tenant office building with 1,200 SF of immediately available space.; Building features a mix of executive, medical, creative, and traditional office suites.; 1-story, Class B building constructed in 1960, renovated in 2020.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7336 University St Peoria, IL 61614
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