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Property profile

7044 University St Peoria, IL 61614

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,200 square foot storefront retail space is ideally located on University Street in Peoria County. The single-tenant property boasts a highly desirable open floor plan, perfect for a variety of retail uses. A key feature is the inclusion of a separate supply/washroom and a private restroom, enhancing both functionality and convenience. The space is move-in ready, featuring modern lighting, fresh paint, new trim, and updated flooring. Specifically designed for businesses such as salons, barbershops, or cosmetology practices, the property includes water, drain, and power hookups already in place. High visibility is guaranteed with ample parking and a location on University Street, experiencing a daily traffic count of 19,600 vehicles. This presents a fantastic opportunity for a business seeking a well-maintained, conveniently located, and highly visible storefront in a busy area. The property's modern amenities and strategic location combine to create an attractive proposition for any prospective tenant seeking a thriving retail environment. Don't miss this chance to establish your business in a prime Peoria County location.

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

7044 University St Peoria, IL 61614
Peoria metro
Google Maps

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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