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Office Building with Flexible Floor Plan
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1315 W Commerce Dr, Peoria, IL 61615

Office building offering a flexible floor plan, well-maintained exterior, and ample parking in the Peoria area.

Property Size12,165 SF
Price / SF$135.81
Days on Market1094

Property Features for 1315 W Commerce Dr

General Information

Standard status Active
Size 12,165 SF
Property subtype OFFICE
Listing Agency: Maloof Commercial
Listed By: Dave Maloof · License ##471.000701
Source: Moodyscre
Added: Aug 24, 2023 Changed: Aug 12 Last Checked: Aug 12 at 8:54AM

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 Maloof Commercial

Investment Insights

Based on property information with market context.

This office building offers a flexible floor plan suited to a range of business needs, along with a well-maintained and attractive exterior. Ample parking is available for both employees and customers, supporting day-to-day accessibility.

The property is located in the Peoria area at 1315 W Commerce Dr. The public remarks note high visibility and convenient accessibility, positioning the building for strong exposure.

According to the provided information, the building has established rental history and “strong tenant profiles,” along with a projected net operating income (NOI).

Key Highlights

  • Commercial office building in the Peoria area with a flexible floor plan for a wide range of businesses
  • High visibility with convenient accessibility for employees and customers
  • Well‑maintained and attractive building exterior

Property Analytics

Current Use

Great American Insurance ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store

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

352
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building offering a flexible floor plan, well-maintained exterior, and ample parking in the Peoria area.
Where is this office building located?
The property is located at 1315 W Commerce Dr Peoria, IL.
What is the asking price?
The asking price for this property is $1,652,094.
What are key features of this property?
This property features: Commercial office building in the Peoria area with a flexible floor plan for a wide range of businesses; High visibility with convenient accessibility for employees and customers; Well‑maintained and attractive building exterior
(309) 676-6300 Call to check price and availability
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