7715 N UNIVERSITY ST Peoria IL 61614-1203

Former Steak ‘n Shake restaurant for sale or lease.

According to tax records the property is a 3,300 SF freestanding building situated on approximately 1.03 acres on North University just South of Pioneer Pkwy.

Property includes an existing single drive-thru lane, 56 onsite parking spaces and a large pylon sign out front.

Prominent commercial corridor with 16,400 cars per day.

Nearby businesses include McDonalds, Walgreens, numerous car dealerships and many other local and regional retail and office users.

Keen Summit Capital Partners and NAI Global, as exclusive advisors to the Owner, are pleased to offer to prospective investors the opportunity to purchase a former Steak 'n Shake location located on North University in Peoria, Illinois. Please see www.steaknshakepropertyauction.com for bidding procedures and additional information. Bid deadline Monday August 31, 3pm EST and auction date is Thursday, September 3.

• Highly visible location with 16,400 annual average daily traffic (AADT).
• Located close to concentrated residential districts including single-family and multi-family residences.
• Delivery radius includes zip codes 61614, 61615 and 61525. Highest median household income of $126,767.