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High-Profile Mall Outparcel Land
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4200 N Sterling Ave, Peoria, IL 61615

High-profile outparcel at Northwoods Mall with easy Highway 74 access and options for multi-tenant development or ground leases.

Lot Size1.54 Acres
Days on Market841

Property Features for 4200 N Sterling Ave

General Information

Standard status Active
Lot size 1.54 Acres
Property subtype LAND
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #475207319
Source: Moodyscre
Added: Apr 11, 2024 Changed: Jul 29 Last Checked: Jul 29 at 11:23AM

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 Pace Properties

Investment Insights

Based on property information with market context.

This high-profile commercial land outparcel is positioned at Northwoods Mall and totals 1.535 acres. The offering contemplates proposed multi-tenant buildings or ground lease scenarios, providing flexibility for how the site can be developed or occupied.

The property is described as being located at the epicenter of Peoria’s primary regional retail node, with easy access to Highway 74. The surrounding tenant mix is highlighted for strong food synergy, with nearby operators including Portillo’s, Chipotle, Chick-fil-A, Panera, and Mission BBQ.

For tenants and developers, the site’s configuration and proposed leasing approach are intended to support retail-forward usage anchored by the mall environment and its adjacent dining offerings.

Key Highlights

  • High‑profile 1.535‑acre outparcel at Northwoods Mall
  • Easy access to Highway 74
  • Options for proposed multi‑tenant buildings or ground leases

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

297
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-profile outparcel at Northwoods Mall with easy Highway 74 access and options for multi-tenant development or ground leases.
Where is this commercial land located?
The property is located at 4200 N Sterling Ave Peoria, IL.
What are key features of this property?
This property features: High‑profile 1.535‑acre outparcel at Northwoods Mall; Easy access to Highway 74; Options for proposed multi‑tenant buildings or ground leases
(314) 785-7613 Call to check price and availability
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