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2627 N Sheridan Rd
Peoria, IL 61604

Retail Property For Sale

Executive Summary

High visibility retail storefront at the lighted intersection of Sheridan Road, Loucks Ave and Gift Ave. This retail and warehouse building is ready to be remodeled to meet your business needs. It has original wood floors with 3,735 sq. ft. on the main floor, 800 sq. ft. of office space on the upper level, and a full unfinished basement for storage. There is a commercial, double door entrance on the rear of the building, ideal for shipments and deliveries. The sale includes the parcel to the west of the building for paved parking. The building had previously been Trico Copiers/Trico Business Solutions. Property is located in the Peoria Urban Enterprise Zone #8 (PUEZ #8) and may be eligible for sales tax exemptions and property tax abatements.
Zoning is ST Sheridan Triangle Form District. Uses per the municipal code are - "all of the Commercial use categories, except tobacco or alternative nicotine product sales - class 2, medical/adult use cannabis dispensaries, medical/adult use cannabis cultivation centers, craft growers, infusers, and processors, and all of the Civic use categories except passenger terminals, solar utility facilities, and social service institutions, as defined in Section 5.6.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,535 SF
Building Class
C
Year Built
1920
Price
$160,000
Price Per SF
$35
Tenancy
Single
Building Height
1 Story
Building FAR
1.22
Lot Size
0.09 AC
Zoning
Sheridan Triangle - Sheridan Triangle Form District
Parking
7 Spaces (1.54 Spaces per 1,000 SF Leased)

Amenities

  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-32-279-010
Land Assessment
$5,280
Improvements Assessment
$4,290
Total Assessment
$9,570
  • Listing ID: 32545001

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 2627 N Sheridan Rd, Peoria, IL 61604

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