Property profile

2515-2517 Sheridan Rd Peoria, IL 61604

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional Peoria, IL investment opportunity presents two connected buildings at 2515-2517 N Sheridan Road, encompassing four individual retail units. The property boasts a total of 20 parking spaces, conveniently located in a rear alley for easy access. Each of the four units is separately metered, offering individual utility control and potential for diverse income streams. The asking price is $155,000. The property is classified as commercial land and retail, offering significant potential for a variety of uses. The buildings are situated in Peoria County, Illinois, with a convenient Peoria address and zip code 61604. The precise geographic coordinates are latitude 40.718277 and longitude -89.6037071. This property is ideal for investors seeking a multi-unit retail portfolio with established infrastructure and ample parking. The connected nature of the two buildings provides a unique opportunity for synergistic business ventures or a cohesive retail experience. The individual metering system allows for efficient management and cost allocation. This is a rare opportunity to acquire a well-positioned, multi-unit retail property in a desirable Peoria location. Don't miss this chance to add a strong performing asset to your investment portfolio.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2515-2517 Sheridan Rd Peoria, IL 61604
Peoria metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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