Commercial

Peoria Heights, IL Commercial Land for Sale

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Peoria, IL Creve Coeur, IL Bartonville, IL East Peoria, IL Pekin, IL Washington, IL West Peoria, IL Germantown Hills, IL
Street-to-Street Commercial Land
Updated: Apr 8, 2025
Street-to-Street Commercial Land

1224 E MONETA Avenue, Peoria Heights, IL 61616

$375,000
0.63 AC lot
Three‑parcel land offering in the Peoria Heights IL Business District totaling 0.63 acres
Zoned B‑2 and R‑2, suitable for commercial and residential development uses
Incentive districts listed include TIF, BDD, and EZ
Street‑to‑street lot with access on both Sciota Ave and Moneta Ave, plus existing curb cuts
Level land directly behind Heights Flowers next to thriving businesses
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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

$950,000
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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See what stands out in Peoria County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Asphalt Parking Lot
Commercial Land with Asphalt Parking Lot

3616 N Sheridan Rd, Peoria, IL 61604

Contact for pricing
3.37 AC lot

Flat, utility-served parcel zoned R-3 with a large asphalt parking lot and strong roadway visibility.

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Commercial Car Wash Site
Commercial Car Wash Site

3633 Meadowbrook Street # Lt#5 Of 9, Peoria, IL 61604

$575,000

Land designated for car wash use with municipal water service and city-street access.

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Commercial Land with High Visibility
Commercial Land with High Visibility

1004 Spring Bay Rd, East Peoria, IL

Contact for pricing
2.55 AC lot

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

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Commercial Lots with Rental Homes
Commercial Lots with Rental Homes

116, 120, 124 Spring Creek Rd & 1000, 1004 Spring Bay Rd, East Peoria, IL 61611

Contact for pricing

Five commercial lots, each with a rental home.

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Peoria Heights, IL Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 27,443 square feet of properties for sale, with an estimated market value of $1,325,000.

Sale prices for commercial lots in Peoria Heights, IL start at $375,000, averaging $662,500, and reaching up to $950,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 1

Demographics Overview

Population 5,834
Population Growth (5Y) -1.3%
Median Household Income $62,083
College Educated 40.4%

High-Yield Neighborhoods for Investment

Identify Peoria Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61616 $662.5K

Taxes & Financing

Tax Rate (average for all types) 8.92%
Property Tax per SF $2.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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