2515-2517 Sheridan Rd, Peoria, IL 61604
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.