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2405 N University Street, Peoria, IL 61604

$80,000

1,180 sq ft
CLS# 1268548
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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.

Property Details

City
Peoria
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
Cg
Square Ft.
1,180
Avail Square Ft.
1,180
Acres
0.17
Apx Lot Size
50 x 150

Features

Roofing
  • Composition Shingle
Heating/Cooling
  • Forced Air
  • Natural Gas
Water/Sewer
  • Municipal/City

Financials

2025 Taxes
2788.4
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Jim Maloof Realty, Inc., Andrew Barnes, as of 07/21/2026 15:45pm 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 renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.