For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising
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Marketing & Advertising
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(Bike/Boat/Book/etc) Store Corporate Office
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Clothing Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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