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For Sale
$1,644,947

1315 W Commerce Drive, Peoria, IL 61615

Office buildings

Property Size12,176 SF
Price / SF$135.22
Days on Market194

Property Features for 1315 W Commerce Drive

General Information

Standard status Active
Size 12,176 SF
Class A
Property subtype Office - General Office

Building Details

Building Size 12,176 SF
Year Built 2003
Units 3
Listing Agency: Maloof Commercial Real Estate
Listed By: Dave Maloof · License #471000701
Source: Commercialcafe
Added: Mar 26 Changed: Sep 21 Last Checked: Oct 4 at 7:08AM

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 Real Estate

Investment Insights

Based on property information with market context.

Key Highlights

  • Projected impressive net operating income (NOI)
  • Strong tenant profiles and established rental history
  • High visibility and convenient accessibility

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Where is this office building located?
The property is located at 1315 W Commerce Drive Peoria, IL.
What is the asking price?
The asking price for this property is $1,644,947.
What are key features of this property?
This property features: Projected impressive net operating income (NOI); Strong tenant profiles and established rental history; High visibility and convenient accessibility
More about this property
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