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1115 N North Street

PEORIA, IL 61606
  • $585,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 26009252
Price Reduced
$585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This is a 4 unit commercial building. 2 of the 4 are occupied with State contract leases. Rent $7806 a month. The 2 larger units are occupied and that takes up 70% of the space. Unit A. Smaller unit. 1600 sq ft. Vacant. Conference room, men and womans bath, larger common area in center of all the offices where you would put copiers and has 6 offices in the suite. Common area in side the building is Vacant. Unit B - 4700 sqft. Dept of corrections Probation office. Lease is renewed on nov 1st for 5 years. $7806 They rent unit b and c. Unit C - 2600 sq ft. Dept of Juvenile Justice. Been there for 30 years. Once lease for both units B and C. Unit D - 1250 Sqft. Vacant. Set up with a conference room, 2 offices, 2 bathrooms, kitchenette , one large great big space. At one point they had a bunch of cubicles in the center space. This is a 12 cap as is property with 2 vacancies.

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Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-03-11T23:39:25.21.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/173175070
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1115 N North Street PEORIA, IL 61606

  • Price: $585,000
  • Status: Active
  • On Site: 20 Days
  • ID#: 26009252
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Asahel Hales Add
County:
Peoria
Property Description
This is a 4 unit commercial building. 2 of the 4 are occupied with State contract leases. Rent $7806 a month. The 2 larger units are occupied and that takes up 70% of the space. Unit A. Smaller unit. 1600 sq ft. Vacant. Conference room, men and womans bath, larger common area in center of all the offices where you would put copiers and has 6 offices in the suite. Common area in side the building is Vacant. Unit B - 4700 sqft. Dept of corrections Probation office. Lease is renewed on nov 1st for 5 years. $7806 They rent unit b and c. Unit C - 2600 sq ft. Dept of Juvenile Justice. Been there for 30 years. Once lease for both units B and C. Unit D - 1250 Sqft. Vacant. Set up with a conference room, 2 offices, 2 bathrooms, kitchenette , one large great big space. At one point they had a bunch of cubicles in the center space. This is a 12 cap as is property with 2 vacancies.
Exterior Features

Construction Materials FrameVinyl Siding

Interior Features

Cooling Central Air Heating Forced Air Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0

Property Features

Association Southwestern Illinois Board of REALTORS Business Type Commercial Current Use Commercial Disclosures None Electric Ameren Gross Income 93672 Listing Terms CashConventional Possession Subject To Tenant Rights Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 15604 Tax Year 2024 Tenant Pays ElectricityGasSewerTrash

Listing provided courtesy of Landmark Realty: 618-466-1513. Listing information © 2026 Mid America Regional Information Systems, Inc.
Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-03-11T23:39:25.21.

Fusion Realty, LLC: 618.781.9170
 
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