801 W Lake Ave

For Sale

801 W Lake Ave, Peoria, IL 61614

This Peoria property for sale is located at 801 W Lake Ave. The current listed sale price for 801 W Lake Ave is $2,800,000. 801 W Lake Ave is situated on a lot that is 7 acre in size.

Contacts

broker
Cole Babcock

Vieweg Real Estate

Property Details

  • Property Type Retail - Strip
  • Property Size 107,280 SF
  • Units 9
  • Lot Size 7 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jul 1, 2025
Strategically situated at the busy intersection of N Sheridan Road and W Lake Avenue, Evergreen Square benefits from exposure to over 25,000 vehicles per day. The center is easily accessible from Downtown Peoria, Interstate 74, and major thoroughfares like Route 6 and Route 40. With multiple ingress/egress points and pylon signage opportunities, visibility and traffic flow are optimized for tenants. The surrounding area features a high-density residential population with strong household income levels and a solid daytime employee base. Within a 3-mile radius, there are over 74,000 residents and more than 32,000 households, offering a stable and diverse consumer demographic.Introducing the prime investment opportunity at 801 W Lake Ave, Peoria, IL. This 107,280 SF retail/strip center, comprising 9 units, presents a compelling value-add opportunity. Currently Dollar General and H&R Block are the two tenants occupying the property. 8 of the units are located in the same strip and 1 unit is located next to Kroger. Evergreen Square is in a highly visible location with a high traffic count, this property offers an ideal platform to capitalize on retail demand. With potential for customization and growth, this property is perfectly positioned to deliver exceptional returns for savvy investors.
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Highlights

  • 107,280 Square Feet
  • Over 20k Daily Traffic Average
  • Potential for Customization
  • Value-add Opportunity

Getting around

  • 71/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Peoria, IL
  • Neighborhood Central Peoria
  • Zip Code 61614

Points of Interest

  • Circle K

    1.49 miles

  • BP

    1.60 miles

  • Shell

    1.72 miles

  • Casey's

    2.97 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    3.24 miles

  • Gas

    3.26 miles

  • Tesla Motors Destination Charger

    3.57 miles

  • Tesla Supercharger

    4.27 miles

  • ChargePoint

    4.71 miles

  • Chargepoint Level 2 EV Charger

    7.92 miles

  • OSF North Parking Deck

    2.66 miles

  • Parking for UnityPoint Methodist Hospital

    2.71 miles

  • Service parking for UnityPoint Methodist Hospital

    2.78 miles

  • Delivery Parking for UnityPoint Methodist Hospital

    2.79 miles

  • Parking for employees of UnityPoint Methodist Hospital

    2.80 miles

  • Parking for the UnityPoint Methodist Hospital Emergency Room

    2.80 miles

  • Medi-Park 3

    2.82 miles

  • Additional parking for the UnityPoint Methodist ER

    2.83 miles

  • Medi-Park 2

    2.84 miles

  • Parking for UnityPoint Methodist Hospital patients & visitors

    2.90 miles

  • Sweet Basil Cafe of Peoria

    0.13 miles

  • DQ Grill & Chill

    0.18 miles

  • Jimmy John's

    0.37 miles

  • Culver's

    0.45 miles

  • Noodles & Company

    0.49 miles

  • Wingstop

    0.53 miles

  • Qdoba

    0.55 miles

  • Lou's Drive-In

    0.57 miles

  • Chili's

    0.60 miles

  • McDonald's

    0.76 miles

  • Kroger

    0.03 miles

  • Schnucks

    0.46 miles

  • ALDI

    0.90 miles

  • Walmart

    1.06 miles

  • JCPenney

    1.26 miles

  • Northwoods Mall

    1.27 miles

  • Target

    1.68 miles

  • Shop 'n Save

    1.77 miles

  • Swagat

    2.31 miles

  • Kohl's

    3.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cole Babcock

Vieweg Real Estate

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