2612 SHERIDAN RD Active Save Request In-Person Tour Request Virtual Tour
Peoria,IL 61604
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,572 sqft
Price per Sqft $39
MLS Listing ID PA1259853
Annual Tax Amount $2,860
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Commercial
Source rmlsa
Property Description
9,572 sq. ft. commercial building for sale in Cenrtal Peoria at the intersection of Sheridan Road and Loucks. This investment property has entrances on both Sherican and Loucks and second parcel included in the sale is the parking lot that runs along length of the back of the building. As an investment property, it currenly has five tenants- appliance store, barber, shaved ice, retail space, a 1 bedroom apartment and a 2 bedroom apartment. There is also one apartment of 1,190 SF that needs to be renovated and could then be leased for another source of income. The owners use 1500 sq. ft. of warehouse space on the main level for their own storage (not included in rent). Monthly rents total $4850 per month and all tenants are month to month and pay all utilities. This property is the Urban Enterprise Zone (PUEX #9) and more information on those incentives can be found at https://peoriagov.org/997/Peoria-Urban-Enterprise-Zone-PUEZ.
Location
State IL
County Peoria
Area Paar Area
Zoning ST Comm.
Direction Corner of Sheridan and Loucks
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Carpet,Concrete,Tile
Fireplace N
Exterior
View true
Roof Type Flat
Garage 1
Building
Faces Corner of Sheridan and Loucks
Sewer Public Sewer
Water Municipal/City
Structure Type Block,Brick,Other,Frame
Others
Tax ID 14-33-160-014
Security Features Yes