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Zoned Industrial Warehouse with Offices
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1506 W Luthy Dr, Peoria, IL 61615

Industrial property with heated warehouse space, dock and drive-in doors, plus an attached office area.

Property Size18,748 SF
Price / SF$64.01
Days on Market92

Property Features for 1506 W Luthy Dr

General Information

Standard status Active
Size 18,748 SF
Property subtype INDUSTRIAL
Zoning I1

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 2

Amenities

2 conference rooms
3 private offices
Listing Agency: Maloof Commercial
Listed By: Dan Maloof · License #475164113
Source: Moodyscre
Added: May 22 Changed: Aug 15 Last Checked: Aug 15 at 9:48AM

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 versatile industrial and office property offers 18,748 SF total, including a heated warehouse component of 16,362 SF. The warehouse is supported by one 8’ dock and two drive-in doors, with an additional 3,386 SF dedicated to office space. The office area includes two conference rooms and three private offices.

The property is zoned I1 (Industrial/Business Park Dist). It is presented for sale as a combined warehouse and office facility.

With the dock and drive-in doors serving the warehouse portion and the office accommodations already in place, the layout is suited to industrial operations that require on-site administrative space.

Key Highlights

  • 18,748 SF of versatile industrial/business space
  • 16,362 SF heated warehouse with an 8' dock and 2 drive‑in doors
  • Plus 3,386 SF office area with 2 conference rooms and 3 private offices

Property Analytics

Current Use

BlackHawk Industrial - Peoria Distribution Center Sanders Tools & Supplies ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Locksmith Carpet & Flooring Store Grocery & Convenience 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.

Lease Details

1
Dock-high doors
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby
Well-served
Demand for This Use

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial property with heated warehouse space, dock and drive-in doors, plus an attached office area.
Where is this flex space located?
The property is located at 1506 W Luthy Dr Peoria, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 18,748 SF of versatile industrial/business space; 16,362 SF heated warehouse with an 8' dock and 2 drive‑in doors; Plus 3,386 SF office area with 2 conference rooms and 3 private offices
(309) 693-3000 Call to check price and availability
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