3125-3133 N Prospect Rd, Peoria, IL 61603

Auction held: ONLINE ONLY AUCTION - BIDDING CLOSES 5PM on THU., FEBRUARY 24, 2022 VIEWING: THU., FEB 17 ~ 12-1PMGreat opportunity to own a 7,500 square foot, three-unit commercial building in Peoria IL. The building has a convenient location and is situated among other local and national businesses. The property is a mere 6 blocks from War Memorial Drive/Rt. 150, and 10 minutes to I-74. The property is also 5 minutes from the Peoria Heights neighborhood, downtown Peoria and both Hospitals. Tenant in unit 1 operates a restaurant, and has a 1-yr. option at $2100.00/month. The walk-in cooler/freezer, ice machine, reach-in cooler, and other restaurant equipment will remain with the building. Tenant pays all utilities including the outdoor storm water cost. Units 2 &a 3 are each 2,000+/- SF and are currently vacant. Both units are metered separately for gas and electric but share the water meter, sewer, and outdoor storm water expense. The building sits on a half-acre corner lot and has ample onsite parking. Some recent updates to the property include a new rubber roof installed in 5/2016, steel loading dock doors replaced in 2019, new fence installed in the back parking lot in 2021, new overhead heater installed in unit 3 in 2018, and all 3 units have been upgraded with forced air gas furnaces. The building is also equipped with 400-amp electrical panels. Great location with even greater potential! Stop by the upcoming open house to see everything the property has to offer.