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Peoria Flex Warehouse/Office Space
For Sale
$699,000

2305 W Altorfer Drive, Peoria, IL 61615

11,400 SF flex space on 1.25 acres for sale.

Property Size11,400 SF
Price / SF$61.32
Days on Market328

Property Features for 2305 W Altorfer Drive

General Information

Standard status Active
Size 11,400 SF
Property subtype Industrial
Zoning I-1

Building Details

Building Size 11,400 SF
Year Built 1985
Listing Agency: RE/MAX
Listed By: Jessica Ball · License #475175281
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 18 at 4:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

Investment Insights

Based on property information with market context.

The property at 2305 W. Altorfer Drive in Peoria, IL, is an 11,400 SF office/industrial building situated on 1.25 acres. Zoned I-1 (Industrial), the property offers ample parking and loading space. It is located one mile from the nearest interstate access and includes two overhead dock doors. The building is currently configured with 8,000 SF of office/wholesale space and 3,000 SF of warehouse space. The office area includes private offices, a conference room, a kitchen, a foyer/entryway, and four restrooms.

Key Highlights

  • 11,400 SF Flex Warehouse/Office Space.
  • Located one mile from interstate access.
  • Zoned I‑1 (Industrial).

Property Analytics

Current Use

Jeffrey A. Medernach, RPH Pharmacy Enloe PCI Prescription ... Home Health Care Service

Suggested Use

Top Pick Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 11,400 SF flex space on 1.25 acres for sale.
Where is this flex space located?
The property is located at 2305 W Altorfer Drive Peoria, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 11,400 SF Flex Warehouse/Office Space.; Located one mile from interstate access.; Zoned I‑1 (Industrial).
More about this property
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