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2126 N University Street

Peoria, IL 61604
  • $350,000
  • STATUS: Active
  • ON SITE: 414 Days
  • ID#: PA1247048
UPDATED: 31 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Corner property with tenant in place generating cash flow. Fully occupied with two tenants. Property located on N. University offers high visibility. With impressive 29,000 + CPD. Large open floor plan in the available area. Full basement offers additional office or storage use. Lease has five years remaining, on unit 1 and 1 year remaining on unit 2. Flexible property options to start or increase your investment portfolio. ?

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© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2025-01-17T16:45:22.4.
www.ashleycoker.com/homes/145550515
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2126 N University Street Peoria, IL 61604

  • Price: $350,000
  • Status: Active
  • On Site: 414 Days
  • Updated: 31 min ago
  • ID#: PA1247048
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Corner property with tenant in place generating cash flow. Fully occupied with two tenants. Property located on N. University offers high visibility. With impressive 29,000 + CPD. Large open floor plan in the available area. Full basement offers additional office or storage use. Lease has five years remaining, on unit 1 and 1 year remaining on unit 2. Flexible property options to start or increase your investment portfolio. ?
Exterior Features

Construction Materials Wood SidingFrame Roof Composition Shingle

Interior Features

Building Area Total 4808 Cooling Central AirIndividual Control Flooring ConcreteTile/Vinyl Heating ElectricGasHeat Pump

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetCorner Lot Gross Operating Income 13935 Lease Term 5 YearsPercent Rent Increase Lease Type Other Levels OneBasementFree StandingMulti-Tenant Loading Dock YN No Lot Size Dimensions 159'X123X201' Owner Pays Other Possible Use OtherFreestanding BuildingNeighborhood CenterOfficeRetailInvestment Sewer Public Sewer Tax Annual Amount 3297.02 Tax Incentive1 Other Tax Incentive Tax Year 2022 Tenant Pays ElectricityGasHeatWater/Sewer Type Commercial Water Source City Water/Connected Zoning Commercial

Listing provided courtesy of Amber Neal of Jim Maloof Realty, Inc.: Cell: 309-696-9310.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2025-01-17T16:45:22.4.
 
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