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Property profile & analytics

8001 University St Peoria, IL 61615

  • Commercial real estate
  • 4.58 lot acres
For Lease
Last Sale
Mar 15, 2024
$2,475,000
Value Estimations
$2,475,000
Cap Rate Potential
Location Intelligence
Property ID
US28-4879029
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Chinmaya Mission Peoria / Religious School
  • We Fix It Phone Repair / Computer & Electronic Repair / Tech Support Center
  • Batteries Plus / Auto Parts Store
  • ARi Global Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
  • FedEx Drop Box / Postal Service / Courier Service

Property Details for 8001 University St

Lot size
4.58 lot acres
Property type
Commercial real estate
APN
14-06-476-015
APU
1406476015

Description

This Peoria, Illinois property, located at 8001 N University, offers 37,750 square feet of versatile commercial space. The building, constructed in 1964 and classified as Class B, features a mix of office, industrial, and retail uses, making it suitable for a variety of businesses. The property includes a main level currently divided into four units, totaling 29,902 square feet, with some existing tenants. Unit 1A and a portion of Unit 1B are occupied until November 30, 2024, while Unit 1D is occupied until September 30, 2024. The space includes primarily office space with a rear warehouse area featuring a 10x12 overhead door. Additionally, there's 4,501 square feet available for lease on the main level and a further 4,207 square feet of finished office space on the second level, accessible by elevator. The property sits on a 4.49-acre lot, providing ample surface parking. A sprinkler system is in place. The minimum divisible space is 4,207 square feet, with a maximum contiguous space of 34,109 square feet. The property is zoned C2 and located in Peoria County, Illinois, with a zip code of 61615. Financial details are available upon request to qualified buyers with a signed NDA.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,475,000
    ML approach
    $2,475,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6223
Latitude
40.7851
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,315
$273,840
$124,810
$398,650
-
$821,520
$374,430
$1,195,950
More about this property
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