2004 UNIVERSITY Peoria IL 61604

$ 2,900,000.00
  • Property ID: 299414
  • Date added: 06/27/23
  • OriginalListPrice: 2900000
  • Post Updated: 2024-02-23 20:04:05
  • Type:
  • Status:
  • MLS #: RMAPA1242042
  • RMA_WaterCompany: IL American Water

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Premier hard to find I-74 location ideal for distribution and easy access. This large industrial facility on 4.9 acres was the Prairie Farms Creamery, shipping and distribution center, and is currently used for cross docking. It is comprised of 10 total parcels (see associated docs for parcel list and zoning), and 6 total buildings with 49,773 Sq. Ft., including two office buildings, a freezer building, and a detached garage/warehouse (3776 Sq. Ft.). The main building (2004 N. University) was the creamery, cross-dock warehouse (12,231 Sq. Ft.), loading docks (4,065 Sq. Ft.) and service garage/fuel center (4428 Sq. Ft. w/5000 gal underground fiberglass tank). It features a freight elevator, fire suppression system, lab spaces, and 15 dock doors. The curb, gutters and drainage have been updated, the 10 in. concrete can support heavy trucking, and 6 access points provide easy access to the entire property and access to I-74 one block away. The property has had all glycol and ammonia removed. Resin silo, blo-mold and creamery tanks to be removed on sale.

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Location Details

  • County: Peoria
  • Directions to Property: Corner of University and Nebraska, 1 block from I-74 ramps
  • Zoning: I-2

Property Details

  • BuildingAreaTotal: 49773
  • Cooling: Central Air, Other, Wall/Window Unit(s)
  • Levels: One, Three, Basement, Single Tenant
  • # of Buildings: 6

Property Features

  • MlgCanView: 1
  • ParkingTotal: 100
  • HEATING: Forced Air, Gas, Hot Water, Other, Space Heater
  • FRONTAGE/ACCESS: City Street, Corner Lot, Paved 4Lane
  • FLOORING: Carpet, Concrete, Other
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City

Fees & Taxes

  • Tax Year: 2021
  • TaxAnnualAmount: 35072.92


  • PROPERTY USE: Warehouse, Other, Refrigerated/Cold Storage, Gasoline Station, Truck Terminal, Vehicle Related, Industrial
  • Net Operating Income: -35073

Courtesy of

  • Office Name: RE/MAX Traders Unlimited

This style property is located in Peoria is currently and has been listed on Rhoades Real Estate. This property is listed at $ 2,900,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • 130 N. Main Street Canton, IL 61520

  • (309) 647-8811

  • RhoadesRealtors@gmail.com