Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1114 W Glen Ave Peoria, IL 61614

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic location with ample parking and signage opportunities.

    Lot size:
    0.50 Acres

    Property Features for 1114 W Glen Ave

    General Information

    Lot size
    0.50 Acres

    Source: Mid-America Real Estate Group Agent Paige Schiesser

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

    Overview

    Prime Peoria Commercial Land

    This commercial land is situated at the intersection of University Street and Glen Avenue in Peoria, a location characterized by high traffic volume. University Street sees an average of 20,000 cars per day, while Glen Avenue averages 13,500. The location benefits from a substantial population density, with over 74,000 residents within a three-mile radius and 150,000 within a five-mile radius. Both the University Street and Glen Avenue entrances feature full-access signalized intersections. The property offers ample parking and an on-site management office. A large digital pylon sign provides a fantastic signage opportunity. The property hosts community events such as the Peoria Farmers Market every weekend, featuring a selection of home-grown produce. It is anchored by Schnucks, Sunrise Health Foods, and Joann.
    Insight Report Location Intelligence

    Current Use by Public Records

    Illinois Best Plumbers Plumber

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.6092501
    Latitude
    40.7462417

    Nearby Similar for Lease

    • $11 SF/Yr

      Prime Office Space in Peoria

      Highly visible office space with flexible layout and excellent accessibility.
      1820 N Sterling Ave, Peoria, IL 61604
      View Details
    • $8 SF/Yr
      57,100 SF

      Versatile Industrial and Office Building

      57,100 SF industrial/office space for lease in Peoria, Illinois.
      6533 N Galena Rd, Peoria, IL 61614
      View Details
    • Contact for pricing
      12,503 SF

      Prime Retail Space in Peoria

      Retail landmark with high visibility and strong market presence.
      2601 W Lake Ave, Peoria, IL 61615
      View Details
    • $6 SF/Yr
      3,300 SF

      Warehouse District Flex Building

      3,300 SF flex building in Peoria's Warehouse District.
      718 SW Adams St, Peoria, IL 61602
      View Details
    • $12 SF/Yr
      2,565 SF

      Renovated Loft Office Space Available

      Office suites available in renovated loft building on Water Street.
      311 SW Water St, Peoria, IL 61602
      View Details
    • $6 SF/Yr
      5,500 SF

      Warehouse/Flex Space in Warehouse District

      Warehouse/flex building for lease in the Warehouse District.
      720 SW Adams St, Peoria, IL 61603
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-traffic location with ample parking and signage opportunities.
    Where is this commercial land located?
    The property is located at 1114 W Glen Ave Peoria, IL.
    What are key features of this property?
    This property features: - Located at the high-traffic intersection of University Street and Glen Avenue in central Peoria.; - High visibility with a large digital pylon sign opportunity.; - Anchored by Schnucks, Sunrise Health Foods, and Joann.
    (630) 954-7300
    Request Owner's contact information
    1114 W Glen Ave Peoria, IL 61614
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1114 W Glen Ave
    Peoria, IL 61614
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1114 W Glen Ave Peoria, IL 61614
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.