Flexible Ground-Floor Retail
For Lease
$14 SF/Yr
1029 SW Adams St, Peoria, IL 61602
Ground-floor retail space with flexible layout and on-site parking, part of a newly constructed 76-unit apartment building.
Space Size4,235 SF
Days on Market129
Property Features for 1029 SW Adams St
General Information
Standard status
Active
Size
4,235 SF
Property subtype
Retail - Street Retail
Building Details
Building Size
4,235 SF
Year Built
2026
Spaces For Lease
at 1029 SW Adams St Contact us- Size
- 4,235 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
4235 SF Space $14/SF/Yr
Listing Agency:
Joseph & Camper Commercial
(309) 643-0717
Listed By:
Will Hayes · License #475122056
Source:
Commercialcafe
Added: Apr 14
Changed: Aug 8
Last Checked: Aug 18 at 7:17AM
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 Joseph & Camper Commercial
Investment Insights
Based on property information with market context.
This 233,000-square-foot retail space is located on the ground floor of a newly constructed 76-unit apartment building. The space offers a flexible layout suitable for office, retail, or flex use, and can be leased as a single user or divided into smaller units.
The property is in the warehouse district and sits about three blocks from Dozer Park and downtown entertainment. It is surrounded by numerous new residential and commercial developments, with both on-site parking and street parking available.
Delivery is targeted for Summer 2026, providing a coordinated opportunity to serve the incoming apartment community and nearby activity. Space is configured for retail-oriented operations and adaptable tenant needs.
The property is in the warehouse district and sits about three blocks from Dozer Park and downtown entertainment. It is surrounded by numerous new residential and commercial developments, with both on-site parking and street parking available.
Delivery is targeted for Summer 2026, providing a coordinated opportunity to serve the incoming apartment community and nearby activity. Space is configured for retail-oriented operations and adaptable tenant needs.
Key Highlights
- 233 SF (commercial space) on the ground floor of the newly constructed Chic Apartments
- Chic Apartments is a 76‑unit apartment building targeted for delivery in summer 2026
- Flexible layout for office, retail, or flex space, with ability to lease as a single user or divided into smaller units
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 61602, IL
1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
Median Home Value
Market
Lease Benchmarks for Peoria, IL
$16.14 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
7,038 SF
Avg Space Size
This space is priced 13% below the average of $16.14 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail space with flexible layout and on-site parking, part of a newly constructed 76-unit apartment building.
Where is this retail space located?
The property is located at 1029 SW Adams St Peoria, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 233 SF (commercial space) on the ground floor of the newly constructed Chic Apartments; Chic Apartments is a 76‑unit apartment building targeted for delivery in summer 2026; Flexible layout for office, retail, or flex space, with ability to lease as a single user or divided into smaller units
