Property summary
This exceptional commercial property at 3131 N Prospect Road in Peoria, Illinois, offers a versatile space ideal for a variety of businesses. The property consists of a single-tenant building encompassing 7,831 square feet, currently featuring 2,960 square feet of vacant space available for lease at a monthly rate of $1200. The building is situated on a commercially zoned lot (APN 14-27-383-026) and is categorized as Land, Office, and Retail. The existing tenant is responsible for one-third of snow removal and shared lighting costs. This presents a unique opportunity for businesses seeking a well-located Peoria space. An additional 1,840 square feet of contiguous space is available at 3129 N Prospect Road, offering the potential for expansion with interconnecting doors. The property's single-suite layout provides a streamlined and efficient workspace. The convenient location in Peoria, IL, zip code 61603, offers excellent accessibility and visibility. This property is perfect for businesses seeking a flexible and well-maintained space in a thriving commercial area. Serious inquiries are encouraged to explore this promising opportunity.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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