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    1300 W Commerce Dr Peoria, IL 61615

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    For Lease
    $16 SF/Yr ($3,860 /Mo)

    Fully furnished, renovated office space available for lease.

    Property size:
    2,895 SF
    Lot size:
    1.17 Acres

    Property Features for 1300 W Commerce Dr

    General Information

    Size
    2,895 SF
    Lot size
    1.17 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Peoria

    Class “A” office space is available for lease in North Peoria. The available space of 7,440 square feet is located in a building currently configured for three tenants, which includes Country Financial and the Illinois Education Association. The space, most recently occupied by Comcast, was fully renovated in 2018. The layout includes a reception/waiting area, eight private offices, two conference rooms, and several large areas set up with 19 fully furnished workstations. Additional features include a break room, IT room, storage/supply rooms, a studio room with a green screen, and men's and women's restrooms. The space is in excellent condition and is available fully furnished. The property is located just off North Knoxville next to Kroger and 1/2 mile from the Route 6 interchange.
    Insight Report Location Intelligence

    Current Use by Public Records

    Joe Youngman - COUNTRY ... Financial Planner Tony Thomason - COUNTRY ... Insurance Agency CLS Consolidated Land ... Land Surveyor Illinois Education Association Association / Organization Rick Hoey - COUNTRY ... Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6121792
    Latitude
    40.8009636

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    FAQs

    What type of property is this?
    Office space - Fully furnished, renovated office space available for lease.
    Where is this office space located?
    The property is located at 1300 W Commerce Dr Peoria, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Class "A" office space in North Peoria.; - **7,440 SF available, fully furnished and in excellent condition.**; - Fully renovated in 2018.
    (309) 643-0717
    Request Owner's contact information
    1300 W Commerce Dr Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 W Commerce Dr Peoria, IL 61615
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