www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29835924
29835923

1467 N Main St, East Peoria, IL 61611

Gary
Listed by Gary
$1,025,000
392 days on market
Updated 22 days ago

Highly Visible Retail or Industrial Building

Details
Property Type Retail, Industrial
Sub Type Warehouse, Distribution (+1)
Square Footage 9,450
Tenancy Vacant
Lease Type NNN
Price per SqFt $108
Year Built 1960
Year Renovated 2007
Acreage 1.270
Parking Spaces 12 spaces
Parking Per SqFt 1.27
Sale Condition 1031 exchange

Retail | Vacant NNN | 9,450 SF

Marketing description

Retail | Vacant NNN | 9,450 SF


The offering presents the former Lumber Liquidators located on North Main Street in East Peoria, Illinois. The freestanding retail building consists of approximately 9,450 square feet and is situated on a 1.27-acre parcel with excellent visibility in a high-traffic commercial corridor.

The property is currently vacant and available for lease under a triple-net (NNN) lease structure. Under the prior lease, the tenant was responsible for roof, structure, windows, parking lot, utilities, taxes, and insurance, providing a clear framework for future leasing discussions. The asking annual rent is $84,000, and the property is available for immediate occupancy.

Originally built in 1960 and renovated in 2007, the building features brick fascia with metallic siding. The site is not located near industrial complexes and benefits from surrounding retail, dining, entertainment, and regional draws. With strong area demographics and proximity to major destinations including Par-A-Dice Casino and Bass Pro Shops, the property is well suited for retail, showroom, medical, or office users seeking a standalone building with strong exposure and NNN lease potential.

Potential Use:

  • Retail Storefront

  • Warehouse

  • Self Storage

  • Flex Space

  • Showroom

  • Distribution Center

  • Cold Storage

  • Industrial Warehouse

  • Light Industrial

  • Big Box Retail

  • Warehouse Retail

  • Mixed-Use Industrial

  • Fulfillment Center

  • Service Bay / Auto Service

  • Building Supply / Home Improvement

  • Wholesale Outlet

  • Storage Facility

  • Loading Dock Facility

Investment highlights

  • Former Lumber Liquidators Freestanding Retail Building

  • 9,450 SF Building on 1.27 Acres

  • Triple Net (NNN) Lease Structure

  • Lease Expired – Available to Lease Immediately

  • Annual Rent: $84,000

  • Excellent Visibility on North Main Street

  • Brick Fascia & Metallic Siding Construction

  • Built 1960 | Renovated 2007

  • Approx. 12 On-Site Parking Spaces

  • Surrounded by Retail, Dining, Entertainment, and Regional Anchors

Listing Contacts

Gary
Listed by Gary

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591