Price listed is Starting Bid Only. Bidding starts closing 6/5/2025 @ 6PM Terrific opportunity to own a three-unit, 7,800± SF 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. Unit 1 operated as a restaurant and has turn-key potential. The walk-in cooler/freezer, ice machine, reach-in cooler, and other restaurant equipment will remain with the building. Units 2 & 3 are each 2,000+/- SF and are currently vacant. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
3125 N Prospect Road (MLS #25034138) is a commercial listing located in Peoria, IL.
This is a commercial listing with a lot of 22,216 sqft (or 0.51 acres). This property was listed on 05/20/2025 and has been priced for sale at $50,000.
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Listing information courtesy of: Adams Auction & Real Estate Services Inc.
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