Peoria IL Commercial for Sale
$675,000
1245 W Main Street Peoria, IL 61606
- Type:
- General Commercial
- Sq.Ft.:
- 8,346
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Baths:
- MLS#:
- PA1254553
ADDITIONAL INFORMATION
Welcome to this incredible investment opportunity in the heart of Peoria, IL! This commercial building is situated just steps away from Bradley University and offers a prime location for any entrepreneur looking to start or expand their business. Featuring a spacious retail space on the main floor, this property also includes four well-appointed apartments on the upper levels, providing additional income potential. This property has been impeccably maintained with a new roof, updated mechanicals, and fresh paint in may areas. Whether you're looking to open a new shop, office space, or rental units, this versatile property has everything you need to make your real estate dreams a reality. With its convenient location near dining, shopping, and entertainment options, as well as easy access to major highways and public transportation, this is truly a one-of-a-kind opportunity not to be missed. Don't wait - call the listing agent to schedule your showing today and imagine the endless possibilities that await in this fantastic, turn-key property!
$999,000
514 W Main Street Peoria, IL 61606
- Type:
- General Commercial
- Sq.Ft.:
- 31,333
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.65 Acres
- Baths:
- MLS#:
- PA1254407
ADDITIONAL INFORMATION
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.
$440,000
1001 W Moss Avenue Peoria, IL 61606
ADDITIONAL INFORMATION
Great investment opportunity with this large historic home converted into 5 apartments. Front and back porch redone with new concrete as well. 1st Floor unit A 1/1pays $975. Laundry in basement. 1st Floor rear unit B 1/1 pays $650 with laundry in basement. 2nd Floor unit C 1/1 pays $950 with laundry in unit. 2nd floor unit D 1/1 pays $795 withlaundry in unit. 3rd floor unit E 2/1 pays $995 with laundry in unit. 10 parking spaced with shared front drive and rear alley access.
- Type:
- General Commercial
- Sq.Ft.:
- 1,840
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Baths:
- MLS#:
- PA1254353
ADDITIONAL INFORMATION
Retail/office space available for sale or lease at 631 W. Main Street in Peoria. Located between Bradley University and downtown Peoria, this former bar has a long history as Pitch Karaoke Bar and The Elbo Room. the building is 1840 SF and is ready for a new owner or tenant to finish the remodeling and open their business. There is new flooring, plumbing and electric panel, and a new roof in 2018. The building is also for lease at $900 per month plus utilities.
$200,000
N Mount Hawley Road Peoria, IL 61614
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 5.19 Acres
- Baths:
- MLS#:
- PA1254335
ADDITIONAL INFORMATION
Excellent development opportunity for residential, multifamily, senior/assisted living or other development appropriate to be across the street from a school (Keller Primary, Peoria Public Schools). Zoned R-3 (second parcel is R-1) and totalling 5.19 acres. The site was formerly a school and has been cleared and is ready to develop.
$1,920,000
1506 N Knoxville Avenue Peoria, IL 61603
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.75 Acres
- Baths:
- MLS#:
- PA1254333
ADDITIONAL INFORMATION
Prime commercial land, cleared and ready for development that includes the entire block located at the intersection of Knoxville Avenue (Route 40) and Pennsylvania Avenue. This block sits directly across the street from the OSF hospital campus and the I-74 Knoxville Exit. These 8 parcels total 1.75 acres, zoned CG General Commercial. Property is located in the East Village Growth Cell - TIF (2034) offering developers many significant incentives - more info on TIF in Associated Docs. Parcel list - 18-04-251-002, 18-04-251-003, 18-04-251-004, 18-04-251-007, 18-04-251-008, 18-04-251-006, 18-04-251-001 and 18-04-251-005.
$180,000
1320 N Raber Road Peoria, IL 61604
- Type:
- General Commercial
- Sq.Ft.:
- 3,292
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.35 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- PA1254313
ADDITIONAL INFORMATION
Own a piece of history with this concrete plant that dates back to the WWII era. Unique property has so many possibilities...revive the concrete business that it has been in the past, convert it to a mechanical shop, create a parking facility, use it for storage or bring your own ideas. Warehouse area has rough-in for two restrooms and a tool storage room. There are four electronic, 12' overhead doors; concrete floors, 6-8" thick; 14' ceilings; loft space; 7.5 HP 175 PSI 80 gallon tank air compressor; finished office space with half bath with potential apartment above. Gas line access. Railroad tracks behind. Fenced. Outdoor space and an additional land lot too. Located in the industrial area of West Peoria, off Farmington Road.
$850,000
315-317 Main Street Peoria, IL 61602
ADDITIONAL INFORMATION
Fantastic Mixed-use opportunities including retail, office and rental, with two 2 Amazing Main Street store-front frontages directly across from the court house. Start or Move your Business into this high profile frontage, while enjoying additional income from 3 spacious rental units above. Currently used as ABB/ mid length rentals . Additional opportunities to take over existing business operations already on site. call for details concerning possible business opportunities.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.58 Acres
- Baths:
- MLS#:
- PA1254199
ADDITIONAL INFORMATION
BE A PART OF THE REDEVELOPMENT OF WAR MEMORIAL & UNIVERSITY! LOT 1 IS AVAILABLE!!! COVETED CORNER LOT!! ACCESS ROAD CONSTRUCTED FOR BETTER TRAFFIC FLOW AND SITE ACCESS AND POTENTIAL TO CONNECT TO WAR MEMORIAL DRIVE DIRECTLY IS IN PROGRESS WITH THE TIF DISTRICT CREATION. LOT 1 IS 1.581 ACRES AND THERE IS ALSO LOT 2 & 3 TOTAL 2.443 ACRES OR YOU CAN PURCHASE LOT 1 (1.581 ACRES), LOT 2 (1.31 ACRES) OR LOT 3 (1.133 ACRES) SEPARATELY. THE REDEVELOPMENT HAS ACCESS ROAD COMPLETE WITH UTILITY ROUGH-IN STUBBED TO OUTLOT BOUNDARY. BE A PART OF THE REDEVELOPMENT OF THIS HIGHLY DESIRABLE CORNER! TIF DISTRICT IS IN PLACE!!!
- Type:
- General Commercial
- Sq.Ft.:
- 11,340
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.52 Acres
- Baths:
- MLS#:
- PA1254065
ADDITIONAL INFORMATION
Exceptional opportunity with this building located on a prime corner lot in a high-traffic area. This well-maintained property (NEW ROOF in 2024) features six individual units providing great flexibility for multiple tenants or a single enterprise, with configurations suitable for retail, professional offices, or service-oriented businesses. Note the building has 2 separate addresses, 4218 N Sheridan and 622 W Lake St.
- Type:
- General Commercial
- Sq.Ft.:
- 32,540
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.01 Acres
- Baths:
- MLS#:
- PA1254039
ADDITIONAL INFORMATION
IDEAL INDUSTRIAL LOCATION. OFFICE AND COMMERCIAL.
ADDITIONAL INFORMATION
Great opportunity to buy your own office and an investment at the same time at such a great price. Office building half leased with a desirable buildout gives you a good idea for what the vanilla space can be. Half the building is occupied and tenant wants to stay for another 5 years. The vacant side is available for a new owner office use or to set your own lease terms with a new tenant. New tenants current being shown, seller will allow new owner to authorize lease options for new move in. Price point makes this great for starting or for expanding your current portfolio.
- Type:
- General Commercial
- Sq.Ft.:
- 7,450
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Baths:
- MLS#:
- PA1253801
ADDITIONAL INFORMATION
Commercial Building Available. Includes A Store Front Shop And 3 Apartments Which Has A Newer Roof On This Portion Of The Building. An Additional Building Includes 9 Band Rooms. One Has A Recording Studio Where A Few Band Rooms Are Being Rented Out Currently. There Are Also 6 Garages. (Garage #2 Rents For $120/Mo. Garage #3 & 4 Rents For $370/Mo. Garage 5 & 6 Is An MG Mechanic And Rents For $200/Mo. Garage #1 is The Resident Manager's Garage Space). Garage Rentals Are $690/Mo. Apartment #1 Pays $370/Mo is the Resident Manager's Apartment Which Pays For The Dumpster And Water. The Apartment #2 Pays $475/Mo. The Apartment #3 Is The Upstairs Back Apartment That Pays $420/Mo And Pays His Own Electric Bill. The Upper Apartments Pay Their Own Electric. The Owner Pays The Gas Bill. The Garages Pay Their Own Electric.
$3,200,000
1028 SW Adams Street Peoria, IL 61602
- Type:
- General Commercial
- Sq.Ft.:
- 29,232
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- PA1253740
ADDITIONAL INFORMATION
Urban loft apartment building now available in heart of Peoria's Warehouse District. 44 unit community built in 2017. Each unit boasts floor to ceiling windows. Unique floorplans providing a variety of living options for tenants. Amenities include laundry facility, 24 hour secured access, secured lower-level parking garage, maintenance on site, an elevator and pet area/courtyard area. Main floor features a vacant commercial space which can be leased or turned back to 2 extra apts
- Type:
- General Commercial
- Sq.Ft.:
- 2,696
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.59 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- PA1253576
ADDITIONAL INFORMATION
What a wonderful opportunity for this absolutely stunning, solidly-built building currently used as a Church! Steel and concrete floors. Square footage of basement and upper not included. (2696 basement, walkout added, and 890 upper mezzanine area.) Sellers will be leaving a lot of valuable items w/ the sale, excluding the piano and bedroom furniture in upper area. 3 hvac systems. Parking lot fits appx. 30 vehicles; however, it needs re-striped and could potentially house more spots. Handicap accessible, ramp and parking in rear. Water heater '23. Baptismal has not been used but is present behind altar. Approximately 100 newer chairs would remain. Building has upgraded electrical and fiber optic from previous business. All kitchen appliances stay.
- Type:
- General Commercial
- Sq.Ft.:
- 6,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Baths:
- MLS#:
- PA1253379
ADDITIONAL INFORMATION
INCREDIBLE OPPORTUNITY ALERT!!! Now offered at just $45,000, this light commercial property at 625 NE Perry is brimming with potential! Located in the East Village TIF District, the building features two commercial units on the main level and a 2-bedroom, 1-bath apartment on the upper floor. The primary commercial space has a long history as a gold/coin shop, while the second unit was designed for cold storage/meat locker use. The property does need rehabilitation, but with so many possibilities, this space is ready to be transformed into whatever you envision! Whether you’re a first-time investor or looking to expand your portfolio, don’t miss out. Schedule an appointment today to explore this unique opportunity!
- Type:
- General Commercial
- Sq.Ft.:
- 7,776
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Baths:
- MLS#:
- PA1253306
ADDITIONAL INFORMATION
This fully leased, brick office building features 10 units and has been well maintained. The building is divided in two, with one side being a single story and the other having two stories. Recent major improvements include roof replacements in 2020 and 2021, parking lot in 2015, and HVAC systems as necessary - 4 updated since 2018. Tenants are on annual contracts and include professionals, nonprofits and service businesses. 9.6% CAP rate with rent rolls, leases and P&L statements available on request for qualified buyers. Showings will be approved only with an accepted letter of intent.
ADDITIONAL INFORMATION
One of the oldest continuously operated neighborhood bars in Peoria, with roots dating back beyond 1917, before Prohibition. Well-maintained facilities, rich in Peoria history, with excellent cash flow and featuring ample main room with bar and room for additional tables, expansive game room and back lot for parties, etc. Turn-key operation.
$559,900
9123 Radnor Road Peoria, IL 61615
- Type:
- General Commercial
- Sq.Ft.:
- 7,056
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 11.21 Acres
- Baths:
- MLS#:
- PA1253258
ADDITIONAL INFORMATION
This is a unique piece of property. Commercial building that was used as a dog kennel and has so many amenities and still has much of the equipment from previous business. There could be lots of other possibilities for the property. There is also an extra outbuilding that is 40 x 30 and has it's own electrical panel. The commercial property sits on 11.21 acres.
- Type:
- General Commercial
- Sq.Ft.:
- 1,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.66 Acres
- Baths:
- MLS#:
- PA1253227
ADDITIONAL INFORMATION
Investment and Business Opportunities! Located just West of Peoria in the county limits, this property has great visibility with 270 feet road frontage on Farmington Road. Package of seven parcels, two with buildings, one is currently leased. 4802: Was "The Golden Dip" ice cream stand back in the 1980's - here is your chance to bring it back, create something new (perhaps a coffee stand) or lease it to someone else! All equipment, some vintage, stays but is sold "as-is". This building features a front service area with two walk-up windows, a prep area with kitchen sink, half bath and back storage room. Updates include plumbing, flooring, exterior lighting and paint (both interior & exterior). 4806: currently leased to established dog grooming business; updates include: electrical, HVAC, water heater, epoxy floor, plumbing. Tenant's lease is until June 2025. The remaining parcels are vacant land. All parcels in this listing are located in 2005 BELLEVUE TIF 11 (Dist #985) to expire soon, but can reapply. C-3 Zoning. Developable Commercial Land
$1,200,000
Address not provided Peoria, IL 61606
- Type:
- General Commercial
- Sq.Ft.:
- 14,694
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- PA1253030
ADDITIONAL INFORMATION
Great mix of student housing in the immediate area of Bradley University. Total of 9 properties with 13 units. Great performance history with room for potential growth. Excellent addition to existing student housing or great expansion for existing portfolio. All of these properties are long term, proven performers! Current total projected revenue of over 100K - NDA required.
- Type:
- General Commercial
- Sq.Ft.:
- 159,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- PA1252974
ADDITIONAL INFORMATION
Office condominium directly across the street from City Hall and the Peoria Civic Center. Close to everything downtown! Multiple offices and conference room. Ideal location for a law firm or professional office. Unit is also available for lease at $5.50 per sq ft annually (NNN + utilities). High end office furniture is included or can be removed prior to closing.
$450,000
1500 E Lake Avenue Peoria, IL 61614
- Type:
- General Commercial
- Sq.Ft.:
- 3,927
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- PA1252907
ADDITIONAL INFORMATION
Great investment right in the heart of Peoria Heights! Three duplexes, two units each, all 1 bedroom/1 bathroom with private laundry for each unit. Everything has been updated, including new roofs in the past 4/5 years. Nothing left for you to do except collect the rental payments!
$199,900
817 NE Adams Street Peoria, IL 61603
- Type:
- General Commercial
- Sq.Ft.:
- 5,700
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Baths:
- MLS#:
- PA1252711
ADDITIONAL INFORMATION
Commercial building with warehouse and remodeled office space located just east of downtown Peoria. This well taken care, brick facade, single story building includes a side parking lot, rear parking lot with overhead garage door (18' wide by 7'5" tall) and alley access, and front entrance on Adams. The corner lot on Adams and Morgan is also included in the sale providing room to expand the building or additional parking. Office space includes 3 offices, restroom and work areas. Warehouse/garage space includes work spaces, painting area and restroom w/utility sink. Heating and air conditioned throughout, floor drains throughout the warehouse/garage areas, and a trench drain outside of the garage door.
$575,000
3440 Villa Ridge Peoria, IL 61604
- Type:
- General Commercial
- Sq.Ft.:
- 8,460
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.94 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- PA1252264
ADDITIONAL INFORMATION
This fully leased, 8 unit apartment building can generate new owners immediate cash flow, with room for rent increases. Located at the end of a quiet cul de sac, this apartment complex has many updates (roof) and is consistently fully leased. There are 7 units that are 2 bedroom/1 bathroom and one unit (3442 Villa Ridge) that is a 3 bedroom, 2 bathroom unit. 5 of the 7 units that are 2 bedroom and 1 bathroom have been recently renovated (see video walkthrough). Tenants each pay their own Ameren gas and water meters, as well as $25 per month for water (1 water/sewer meter). There is ample parking as well as a fenced in court area and land that would provide an excellent opportunity for building an additional apartment complex, covered parking, pickleball courts or storage spaces. Video Tour of Vacant Unit (2bed/1bath) from 08/01/2024 - https://youtu.be/9ziaREZ0k4U.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Copyright © 2024 RMLS Alliance. All rights reserved.
Peoria Real Estate
The median home value in Peoria, IL is $137,000. This is higher than the county median home value of $136,800. The national median home value is $338,100. The average price of homes sold in Peoria, IL is $137,000. Approximately 49.98% of Peoria homes are owned, compared to 37.49% rented, while 12.53% are vacant. Peoria real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Peoria real estate agent to arrange a tour today!
Peoria, Illinois has a population of 113,672. Peoria is less family-centric than the surrounding county with 27.2% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Peoria, Illinois is $53,568. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Peoria is 35.6 years.
Peoria Weather
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 37.7 inches per year, with 23 inches of snow per year.