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2004 N University Street

Peoria, IL 61604
  • $2,900,000
  • STATUS: Active
  • ON SITE: 310 Days
  • ID#: PA1242042
$2,900,000
  • 0
    BEDS
  • 4.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T23:45:03.73.
www.brysonsmithteam.com/homes/138941776
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2004 N University Street Peoria, IL 61604

  • Price: $2,900,000
  • Status: Active
  • On Site: 310 Days
  • ID#: PA1242042
0
Beds
0
Baths
0
½ Baths
4.9
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
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.
Exterior Features

Construction Materials BlockBrickOtherSteel/ST Fram Fenced YN Yes Number Dock Doors 15 Number Drive In Doors 6 Number Rail Doors 0 Parking Total 100 Roof Composition ShingleFlatMetalOther

Interior Features

Building Area Total 49773 Cooling Central AirOtherWall/Window Unit(s) Flooring CarpetConcreteOther Handicap Modified No Heating Forced AirGasHot WaterOtherSpace Heater

Property Features

100 Year Flood Plain No Agent Owned No Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City StreetCorner LotPaved 4Lane Irregular Lot YN Yes Levels OneThreeBasementSingle Tenant Lot Features Level Lot Size Remarks See parcel Map and List in Associated Docs Net Operating Income -35073 Possible Use WarehouseOtherRefrigerated/Cold StorageGasoline StationTruck TerminalVehicle RelatedIndustrial Security System YN Yes Sewer Public Sewer Sprinkler YN Yes Tax Annual Amount 35072.92 Tax Incentive1 None Tax Year 2021 Type Commercial Underground Storage Tank YN Yes Water Source Municipal/City Zoning I-2

Listing provided courtesy of Jessica Ball of RE/MAX Traders Unlimited: Pref: 309-863-5045.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T23:45:03.73.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616