7715 N University St, Peoria, IL, 61614

7715 N University St Peoria, IL 61614

7715 N University St, Peoria, IL, 61614
7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614 7715 N University St, Peoria, IL, 61614
FOR SALE FOR LEASE
Property Type:
Restaurant
Amount:
$599,000
Last Verified:
Nov 13, 2024

Daily Email Blast
0 times



Description

Former Steak ‘n Shake restaurant for sale or lease.
According to tax records the property is a 3,300 SF freestanding building situated on approximately 1.03 acres on North University just South of Pioneer Pkwy.
Property includes an existing single drive-thru lane, 56 onsite parking spaces and a large pylon sign out front.
Prominent commercial corridor with 16,400 cars per day.
Nearby businesses include McDonalds, Walgreens, numerous car dealerships and many other local and regional retail and office users.

Former Steak ‘n Shake restaurant for sale or lease.
According to tax records the property is a 3,300 SF freestanding building situated on approximately 1.03 acres on North University just South of Pioneer Pkwy.
Property includes an existing single drive-thru lane, 56 onsite parking spaces and a large pylon sign out front.
Prominent commercial corridor with 16,400 cars per day.
Nearby businesses include McDonalds, Walgreens, numerous car dealerships and many other local and regional retail and office users.

NE 1/4 SEC 7-9N-8E 1.033 AC COMG 785' S & 50' W OF NE COR OF NE 1/4 FOR BEG: TH W 300' N 150' E 300' S 150'


Year Built: 1975
Building Size: 3300sq ft
Lot Size: 1.03 acres


Documents

7715 University Brochure_JAN2024.pdf

Units for Lease

7715 University
Space Available: 3300 SF
Lease Type: NNN

Map of 7715 N University St, Peoria, IL, 61614

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.