320 Western Avenue, Peoria, IL, 61604

320 Western Avenue Peoria, IL 61604

320 Western Avenue, Peoria, IL, 61604
320 Western Avenue, Peoria, IL, 61604 320 Western Avenue, Peoria, IL, 61604
Property Type:
Free Standing Building
Last Verified:
Apr 24, 2024
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  • 980 sq. ft. retail/office building
  • Located on a corner lot
  • Highly visible building
  • Onsite parking lot
  • Current business closing
  • FFE available separately
  • Contact broker for more information


Introducing 320 Western Avenue, Peoria, a 980 sq. ft. retail/office building situated on a corner lot for maximum visibility. Boasting onsite parking, this property presents an exciting opportunity for a retail or free-standing building investor. With the current business closing, the option to acquire furnishings, fixtures, and equipment separately adds further appeal. Don't miss out on this prime investment. Contact the broker for more information on this promising opportunity.

Discover the vibrant charm of Peoria, IL, the perfect setting for your next retail or free-standing building investment. Nestled in a bustling district, the area offers a dynamic mix of shopping, dining, and entertainment options, catering to diverse consumer preferences. Notable nearby points of interest include the Riverfront Museum, Caterpillar Visitor Center, and the Peoria Civic Center. With its strategic location, the surrounding area presents a compelling opportunity for your commercial venture to thrive. Embrace the energy of this thriving community and unlock the potential for your next successful investment.

Building Size: 980sq ft
Lot Size: 0.11 acres


320 Western

Map of 320 Western Avenue, Peoria, IL, 61604

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.