608-616 NE JEFFERSON Avenue

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608-616 NE JEFFERSON Avenue

Peoria, IL 61603
Asking Price
$375K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront located at 608-616 NE Jefferson Avenue
  • Asset offered for sale at a price of $375,000
  • Commercial property situated in the city of Peoria
  • Versatile layout suitable for various retail or service uses
  • Maintains presence within a key central Illinois business market

What's Special

Priced at $375,000, this storefront retail asset is situated at 608-616 NE Jefferson Avenue in Peoria, Illinois. The property serves as a versatile commercial space within the Peoria market, a hub known for its established healthcare, education, and manufacturing sectors. Its location in a central urban corridor provides visibility and access for local businesses, catering to a diverse demographic within the surrounding neighborhoods. This storefront configuration is well-suited for traditional retail operations, service-based businesses, or professional boutique uses requiring high street-level presence. Investors and business owners evaluating opportunities in this region will find the site provides a functional footprint for growth. The surrounding infrastructure supports a steady flow of local traffic, positioning the asset as a reliable option for those seeking a permanent location in an accessible submarket. Whether utilized for independent retail or specialized service delivery, this property offers a clear value proposition for users focused on maintaining a strategic presence in the Peoria area.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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