315-317 Main StPeoria, IL 61602

For Sale
$850,000

High-profile Main Street property with rental income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional $850,000 mixed-use property at 315-317 Main Street in Peoria, IL, 61602 presents a fantastic investment opportunity. Boasting two attractive Main Street storefronts directly across from the courthouse, this high-visibility location offers unparalleled exposure. The building features a combination of retail and office space, complemented by three spacious rental units above. Currently configured for mid-length rentals, these units provide a consistent income stream. The property's versatility allows for a variety of uses, making it ideal for both established businesses seeking a prominent location and entrepreneurs looking to launch a new venture. The existing business operations on-site offer potential for immediate revenue generation or expansion. This five-unit property, encompassing land, industrial, office, retail, and multifamily elements, is situated on a prime corner lot with excellent visibility and accessibility. The property's location in Peoria County, Illinois, offers a thriving market with strong potential for growth. Further details regarding existing business opportunities are available upon request. Don't miss this chance to acquire a unique and profitable mixed-use property in a highly desirable location.

Highlights

  • $850,000 asking price.
  • Mixed-use property with retail, office, and multifamily components.
  • Five units total; three apartments and two retail spaces.
  • High-profile Main Street location across from the courthouse in Peoria, IL.
  • Potential to acquire existing business operations.

Property Details for 315-317 Main St

Property type
Other retail properties, Multifamily properties
Units
5

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.692112
Longitude
-89.590341
315-317 Main St, Peoria, Illinois

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315-317 Main St
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