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    Peoria County, IL Commercial Land for Sale

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    Prime Peoria Heights Development Opportunity
    Updated: Sep 25, 2025
    Prime Peoria Heights Development Opportunity

    1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616

    $1,050,000
    5,776 sqft
    1.41 acres of land zoned B‑2 on E War Memorial Drive (US Hwy 150) offering excellent development opportunity.
    Located in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8).
    High traffic counts of over 25,000 vehicles daily.
    Includes a 5026 Sq. Ft. retail/office building suitable for single or multiple tenants.
    Features two hard corners with multiple road accesses.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616,

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $48K
      Annual

    • Mortgage

      $1.32M
      Oct 2022

    • Last Sold

      Oct 2022
      $975K
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    Gutted Restaurant Building and Land
    Updated: Mar 5
    Gutted Restaurant Building and Land

    1321 N PARK Road, Peoria, IL 61604

    $299,000
    2.13 AC lot
    6,676 SF interior completely gutted, providing a clean slate for a new culinary or entertainment concept
    2.19‑acre lot with dedicated parking spaces
    Located directly across from Bradley Park
    Construction materials include brick, block, and ornamental block; concrete flooring
    HVAC includes forced air natural gas heating and central air; roof is membrane/flat
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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    8215 N ALLEN Road, Peoria, IL 61615

    $1,300,000
    2.92 AC lot

    3-acre commercial land in high-traffic Peoria area.

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    Commercial Land For Sale
    Commercial Land For Sale

    1003-07-13 NORTH Street, Peoria, IL 61604

    $75,000
    0.80 AC lot

    Commercial land available in Peoria, Illinois.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multi-Parcel Development Land
    Multi-Parcel Development Land

    710 & 714 SPAULDING Avenue, Peoria, IL 61603

    $425,000
    0.44 AC lot

    Buildable 0.44-acre site comprised of three separate parcels, currently zoned residential.

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    Commercial Land Build-to-Suit Lot
    Commercial Land Build-to-Suit Lot

    W ALTA Road, Peoria, IL 61615

    $499,900
    1.29 AC lot

    Commercially zoned 1.29-acre lot available for sale or build-to-suit development in Peoria, Illinois.

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    Shovel-Ready Retail Development Site
    Shovel-Ready Retail Development Site

    3624 N University Street # Lot 2-east, Peoria, IL 61604

    $640,000
    0.59 AC lot

    Corner land parcel with access roads and utilities stubbed to the boundary, next to a new Dutch Bros Coffee.

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    Infrastructured C-2 Development Land
    Infrastructured C-2 Development Land

    900 W. Trailcreek Drive, Peoria, IL 61615

    $703,494
    3.80 AC lot

    Infrastructured, high-visibility land zoned C-2 and suited for office or multifamily development near established retail.

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    Commercial Land with Main Street Frontage
    Commercial Land with Main Street Frontage

    521 N. Main Street, Peoria, IL 61602

    $1,000,000
    1.28 AC lot

    1.28+/- acre commercial land parcel with 373' frontage on Main Street near downtown Peoria and Bradley University.

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    Peoria Land Parcels For Sale
    Peoria Land Parcels For Sale

    5423 W Wood Sage Rd, Peoria, IL 61615

    $1,094,228
    23 sqft

    Three parcels available near retail area in North West Peoria.

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    Prime Peoria Redevelopment Opportunity
    Prime Peoria Redevelopment Opportunity

    1101 W War Memorial Dr, Peoria, IL 61604

    $700,000
    59 sqft

    Corner lot for retail or service use in Peoria, Illinois.

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    Commercial Development Land
    Commercial Development Land

    8215 N Allen Road, Peoria, IL 61615

    $1,300,000
    3.00 AC lot

    Commercial development land with 340 feet of frontage along N Allen Rd and income from an on-site billboard.

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    Glen Avenue Commercial Development Opportunity
    Glen Avenue Commercial Development Opportunity

    1105 W Glen Ave, Peoria, IL 61614

    $275,000
    0.80 AC lot

    Prime commercial land for development in Peoria's retail corridor.

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    12.66 Acres on Illinois Route
    12.66 Acres on Illinois Route

    7106 N Galena Rd, Peoria, IL 61615

    $399,000
    12.66 AC lot

    12.66 acres of commercial land for sale on Illinois Route.

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    Cleared Lot For Retail Development
    Cleared Lot For Retail Development

    91 North St, Peoria, IL

    $812,895
    1.64 AC lot

    1.64 acre cleared lot zoned for commercial use.

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    Commercial Land Parcels For Sale
    Commercial Land Parcels For Sale

    N Orange Prairie Rd, Peoria, IL

    $831,125
    1.59 AC lot

    Commercial land with high visibility and excellent access.

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    Commercial Land with High Visibility
    Commercial Land with High Visibility

    1004 Spring Bay Rd, East Peoria, IL

    $888,624
    2.55 AC lot

    Commercial land with high traffic and visibility on IL Rte 116.

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    1.96 Acres in Junction City
    1.96 Acres in Junction City

    5726 N Knoxville Ave, Peoria, IL

    $900,000
    1.96 AC lot

    1.96 acres available within the Junction City development.

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    Commercial Land for Lease
    Commercial Land for Lease

    2530 E Washington St, East Peoria, IL

    $310,000
    0.74 AC lot

    Land available for lease in East Peoria, Illinois.

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    3.37 Acres on War Memorial
    3.37 Acres on War Memorial

    3616 N Sheridan Rd, Peoria, IL

    $399,000
    3.37 AC lot

    3.37 acres, zoned R-3, excellent visibility, redevelopment opportunity.

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    Peoria Commercial Property For Sale
    Peoria Commercial Property For Sale

    1105 - 1123 West Florence Avenue, Peoria, IL 61604

    $400,000

    Dual-zoned property in Peoria, ideal for retail or office.

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    West Wood Sage Land Parcel
    West Wood Sage Land Parcel

    0 W Wood Sage Rd, Peoria, IL

    $1,094,228
    6.28 AC lot

    Three land lots available near retail area in Peoria.

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    Prime Redevelopment Opportunity on Main
    Prime Redevelopment Opportunity on Main

    514 W MAIN Street, Peoria, IL 61606

    $999,000
    31,333 sqft 1.65 AC lot

    1.65 acres on Main St, ideal for redevelopment.

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    Bartonville Land For Retail Development
    Bartonville Land For Retail Development

    914 W. Garfield Ave/Bednarz Tovar Series, LLC, Bartonville, IL 61607

    $249,000
    2 sqft

    Highly visible 2-acre commercial land parcel in Bartonville, Illinois.

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    Peoria County, IL Commercial Land Market Trends and Statistics

    Explore 65 commercial land for sale in Peoria County, IL, showcased through 64 active listings on our real estate platform. These investment opportunities span a total of 37,193 square feet of properties for sale, with an estimated market value of $4,092,228.

    Sale prices for commercial lots in Peoria County, IL start at $249,000, averaging $818,445, and reaching up to $1,094,228 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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