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2405 N University Street

Peoria, IL 61604
  • $80,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PA1268548
UPDATED: 27 min ago
$80,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Turn your dream of business ownership into reality with this affordable commercial opportunity on highly visible N. University Street in Peoria! Whether you're launching your first venture, expanding an existing business, or investing in your future, this versatile building offers the flexibility to bring your vision to life. Ideal for professional office space, boutique retail, specialty services, a creative studio, or countless other business concepts, the property provides outstanding exposure along one of Peoria's well-traveled commercial corridors. With an average traffic count of approximately 600 vehicles per hour and peak periods reaching 1,000 vehicles per hour, your business will benefit from consistent visibility and daily impressions from potential customers. The building's manageable size keeps ownership costs affordable while providing the opportunity to customize the space to fit your unique brand and operational needs. Instead of paying rising lease rates, invest in a property that can grow with your business and build long-term equity. Conveniently located with easy customer access and surrounded by established businesses, this location offers the perfect combination of affordability, accessibility, and exposure. Whether you're opening a boutique shop, consulting office, salon, wellness practice, or service-based business, this property is ready to become the foundation of your success. Opportunities like this don't come along often.

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© 2026 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: 2026-08-13T11:44:54.353.
www.ashleycoker.com/homes/179063676
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2405 N University Street Peoria, IL 61604

  • Price: $80,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 27 min ago
  • ID#: PA1268548
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Turn your dream of business ownership into reality with this affordable commercial opportunity on highly visible N. University Street in Peoria! Whether you're launching your first venture, expanding an existing business, or investing in your future, this versatile building offers the flexibility to bring your vision to life. Ideal for professional office space, boutique retail, specialty services, a creative studio, or countless other business concepts, the property provides outstanding exposure along one of Peoria's well-traveled commercial corridors. With an average traffic count of approximately 600 vehicles per hour and peak periods reaching 1,000 vehicles per hour, your business will benefit from consistent visibility and daily impressions from potential customers. The building's manageable size keeps ownership costs affordable while providing the opportunity to customize the space to fit your unique brand and operational needs. Instead of paying rising lease rates, invest in a property that can grow with your business and build long-term equity. Conveniently located with easy customer access and surrounded by established businesses, this location offers the perfect combination of affordability, accessibility, and exposure. Whether you're opening a boutique shop, consulting office, salon, wellness practice, or service-based business, this property is ready to become the foundation of your success. Opportunities like this don't come along often.
Exterior Features

Construction Materials StuccoVinyl SidingFrame Roof Composition Shingle

Interior Features

Building Area Total 1180 Building Features Cable Cooling Central Air Flooring Carpet Heating Forced AirNatural Gas

Property Features

100 Year Flood Plain No Agent Owned No Disclosed Short Sale No Financing Cash OnlyCommercialConventional Foreclosure YN No Frontage Type City StreetPaved 4Lane Levels Two Loading Dock YN No Lot Size Dimensions 50 x 150 Possible Use Flex SpaceShowroomOfficeRetail Security System YN No Sewer Public Sewer Tax Annual Amount 2788.4 Tax Incentive1 In City Limit Tax Legal Description MORTIMER M MILLER'S ADD SW 1/4 SEC 32-9N-8E LOT 8 BLK 3 Tax Year 2025 Type Commercial Water Source Municipal/City Zoning CG

Listing provided courtesy of Andrew Barnes of Jim Maloof Realty, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 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: 2026-08-13T11:44:54.353.
 
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Ashley Coker Team | The Real Estate Group
3701 W. Wabash Ave.
Springfield IL, 62711