2627 Sheridan Rd Peoria, IL 61604-2763
- Commercial real estate
Jan 16, 2024
Current Use by Public Records
- Trico Business Solutions / Business Management Consultant / Computer Support And Services
- Peoria's Best Businesses / Internet Marketing Service
- Trico IT Solutions / Software Company
- Dank Bank LLC / Clothing Store
Property Details for 2627 Sheridan Rd
- Property type
- Commercial real estate
- APN
- 14-32-279-010
- APU
- 1432279010
Description
This 4,535 sq ft building in Peoria, IL, offers a high-visibility storefront at a lighted intersection. The property includes 3,735 sq ft of main floor space featuring original wood floors, 800 sq ft of upper-level office space, and a full unfinished basement for storage. A rear commercial double-door entrance is ideal for deliveries. The sale also includes an adjacent parcel providing paved parking. Built in 1920, this single-story building sits on a 0.09-acre lot and is zoned ST (Sheridan Triangle Form District). Permitted uses include most commercial categories (excluding certain exceptions as defined in Section 5.6 of the municipal code) and civic uses (excluding passenger terminals, solar facilities, and social service institutions). The property is located within Peoria Urban Enterprise Zone #8 (PUEZ #8), potentially offering sales tax exemptions and property tax abatements. The asking price is $160,000 ($35.28/sq ft). The building is currently vacant.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $75,000
- ML approach
- $75,000
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Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6035
- Latitude
- 40.7199
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA