Multi-Tenant Office Building For
For Sale
Contact for pricing
1300 W Commerce Dr, Peoria, IL 61615
Well-maintained office property in North Peoria commercial corridor.
Property Size11,892 SF
Lot Size1.31 Acres
Price / SF$121.93
Days on Market163
Property Features for 1300 W Commerce Dr
General Information
Standard status
Active
Size
11,892 SF
Class
A
Lot size
1.31 Acres
Property subtype
Retail, Office
Zoning
C2
Occupancy
75%
Lease Type
NNN
Net Operating Income
$103,107
Building Details
Year Built
2005
Year Renovated
2018
Buildings
1
Stories
1
Units
3
Listing Agency:
Joseph & Camper Commercial
(309) 256-1020
Listed By:
Will Hayes · License #475.122056
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 21 at 12:49PM
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.
Located in the desirable North Peoria commercial corridor, 1300 W Commerce Drive is a multi-tenant office property. Constructed in 2005, the 11,892 square foot building, with units renovated in 2018 and 2025, is situated on a 1.31-acre lot. The property features a mix of professional tenants and available Class A office space for lease. It is positioned off North Knoxville Avenue, adjacent to Kroger, and approximately one-half mile from the Route 6 interchange, offering regional access and retail synergy. The property includes 62 on-site parking spaces and C2 zoning. Established tenants include Illinois Education Association and Hanson Engineering. This property is suitable for investors seeking stable tenancy with upside, owner-users needing Class A office presence, and investors looking to increase net operating income through lease-up strategy.
Key Highlights
- Located in the highly desirable North Peoria commercial corridor with strong retail synergy.
- Offers Class A office space with recent renovations (2018 and 2025).
- Features established tenants including Illinois Education Association and Hanson Engineering.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office property in North Peoria commercial corridor.
Where is this office building located?
The property is located at 1300 W Commerce Dr Peoria, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Located in the highly desirable North Peoria commercial corridor with strong retail synergy.; Offers Class A office space with recent renovations (2018 and 2025).; Features established tenants including Illinois Education Association and Hanson Engineering.
