Commercial Land with
For Sale
$1,300,000
8215 ALLEN Road, Peoria, IL 61615
Level commercial land with roadway frontage, commercial zoning, and an existing income-producing billboard.
Property SizeContact for details
Days on Market545
Property Features for 8215 ALLEN Road
General Information
Standard status
Active
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$16,526
Amenities
3
Level
Level.
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Amber Neal · License #475178998
Source:
Xome
Added: Feb 22, 2025
Changed: Aug 12
Last Checked: Aug 12 at 8:28AM
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 Jim Maloof Realty, Inc.
Investment Insights
Based on property information with market context.
This level commercial land site comprises 3 acres with 340 feet of frontage along N Allen Road in Peoria. The property is zoned for commercial use and includes an existing billboard that generates income, providing an established feature alongside the development site.
Daily traffic is reported at 18,000 vehicles, supporting exposure from a heavily traveled commercial corridor. The property is located within the Medina Plains TIF district and offers a large, level land configuration for future commercial development.
Daily traffic is reported at 18,000 vehicles, supporting exposure from a heavily traveled commercial corridor. The property is located within the Medina Plains TIF district and offers a large, level land configuration for future commercial development.
Key Highlights
- 3‑acre commercial land site
- 340 feet of frontage along N Allen Rd
- 18,000 vehicles pass daily
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
720
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial land with roadway frontage, commercial zoning, and an existing income-producing billboard.
Where is this commercial land located?
The property is located at 8215 ALLEN Road Peoria, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3‑acre commercial land site; 340 feet of frontage along N Allen Rd; 18,000 vehicles pass daily
