Warehouse Flex Suites with
For Lease
Contact for pricing
1616 - 1620 W Chanute Rd, Peoria, IL 61615
Flex warehouse suites offer direct unit access, dock doors, on-site parking, and sprinklered space with 3-phase power.
Space Size13,026 SF
Property Size178,760 SF
Days on Market104
Property Features for 1616 - 1620 W Chanute Rd
General Information
Standard status
Active
Size
13,026 SF
Property subtype
Industrial
Lease Term
NNN
Warehouse & Industrial
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Flexible Term
Yes
Building Details
Building Size
178,760 SF
Year Built
1976
Spaces For Lease
at 1616 - 1620 W Chanute Rd
1616 W Chanute (B)
$4.75/SF/Yr
Size
13,026 SF
Term
Negotiable
Listing Agency:
Maloof Commercial
Listed By:
Dan Maloof · License #IL #475.122647
(309) 696-7200
Source:
Maloofcom
Added: Jun 25
Changed: Oct 6
Last Checked: Oct 5 at 5:26PM
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 flex warehouse property offers a choice of divisible suites with direct unit access, sprinklers, and 3-phase/300 Amp power. One available suite is 1616 Chanute, Suite C, featuring 4 docks plus office space. A second available option is 1620 Chanute, Suite A/B, with 6 docks and 3,000 square feet of office space.
The site includes a large parking lot and direct access to the units to support ongoing operations. The existing lessee is open to lease extensions, amendments, or assignments, subject to review by the lessor/owner prior to lease execution.
Overall, the building is configured to accommodate tenants needing dock-supported warehouse space with included office areas and flexibility through suite divisibility.
The site includes a large parking lot and direct access to the units to support ongoing operations. The existing lessee is open to lease extensions, amendments, or assignments, subject to review by the lessor/owner prior to lease execution.
Overall, the building is configured to accommodate tenants needing dock-supported warehouse space with included office areas and flexibility through suite divisibility.
Key Highlights
- 1976‑built flex warehouse property with available suites at 1616–1620 W Chanute Rd, Peoria, IL 61615
- 1616 Chanute, Suite C: 30,240 SF with 4 docks plus office space and divisibility options
- 1620 Chanute, Suite A/B: 43,866 SF with 6 docks and 3,000 SF of office space
Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Well-served
Demand for This Use
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
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Market
Lease Benchmarks for Peoria, IL
$13.5 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
14,934 SF
Avg Space Size
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse suites offer direct unit access, dock doors, on-site parking, and sprinklered space with 3-phase power.
Where is this flex space located?
The property is located at 1616 - 1620 W Chanute Rd Peoria, IL.
What are key features of this property?
This property features: 1976‑built flex warehouse property with available suites at 1616–1620 W Chanute Rd, Peoria, IL 61615; 1616 Chanute, Suite C: 30,240 SF with 4 docks plus office space and divisibility options; 1620 Chanute, Suite A/B: 43,866 SF with 6 docks and 3,000 SF of office space
