# 514 W MAIN Street, Peoria, IL 61606

> **TL;DR:** commercial, $999,000.
> A/C. Est. $4,329/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,000 |
| Lot Size | 71,874 sqft (1.65 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,329 |
| **Total** | **$4,329** |

## Key Amenities

- A/C

## Property Highlights

- 1.65 acre lot
- 2 stories

## Description

### Agent Description
Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.

## Location

- **Address:** 514 W MAIN Street, Peoria, IL 61606
- **County:** Peoria
- **Coordinates:** 40.699345, -89.601005
- **Google Maps:** https://www.google.com/maps?q=40.699345,-89.601005

## Listing Agent

- **Name:** Zachary Oyler
- **Brokerage:** Keller Williams Premier Realty
- **Phone:** 3094728037
- **Email:** zoyler@gmail.com

## Primary Photo

![514 W MAIN Street - Primary Photo](http://lh.rdcpix.com/2fa3cc02cc5d5c85f2ef78d82da802b7l-f824697533r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/514-w-main-street-peoria-il-61606-a1265504)*

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**MLS#:** PA1265504 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/514-w-main-street-peoria-il-61606-a1265504)

---

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