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Updated Flex Space with Warehouse
For Sale
$1,950,000

1805 Riverway Dr, Pekin, IL 61554

Mixed-use commercial building combining renovated offices with climate-controlled warehouse and dedicated loading areas.

Property Size40,558 SF
Price / SF$48.08
Days on Market41

Property Features for 1805 Riverway Dr

General Information

Standard status Active
Size 40,558 SF

Additional Details

Highway Access Yes
Conditioned Warehouse Yes

Amenities

security system
generator back-up
high-speed internet capabilities
kitchen area/break room
Listing Agency: Gallery Homes Real Estate
Listed By: Mary Davis · License #475159029
Source: Schaublerealty
Added: Jul 19 Changed: Aug 28 Last Checked: Aug 28 at 12:58PM

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 Gallery Homes Real Estate

Investment Insights

Based on property information with market context.

This 40,558-square-foot flex property brings office and warehouse functions together in a single updated building. The office component includes a refreshed lobby, private offices, kitchen and break-room areas, open workspace, large windows, upgraded flooring, energy-efficient lighting, and high-speed internet capabilities. Ceiling heights range from 15 to 18 feet throughout the property.

The warehouse area provides climate-controlled storage, reinforced concrete floors, roll-up bay doors, and designated shipping and receiving space. Additional improvements include updated HVAC, a security system, generator backup, and on-site parking. The property is also located near Interstate 474, supporting access for administrative and logistical operations.

Key Highlights

  • 40,558‑square‑foot flex building with office and warehouse components
  • 15' to 18' ceiling heights
  • Climate‑controlled warehouse with reinforced concrete flooring

Property Analytics

Current Use

PAL Health Technologies Production Facility AJR Brands (Bike/Boat/Book/etc) Store Xtremity 3D Medical Clinic Adam Quinn Physician Dr. Lily Tran Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61554, IL

40,854
Population
18,788
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
73.8 sq mi
ZIP Area
554
Density / Sq Mi
$62,484
Median Household Income
$41,718
Median Earnings
$814
Median Rent
$123,500
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
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Frequently Asked Questions

What type of property is this?
Flex space - Mixed-use commercial building combining renovated offices with climate-controlled warehouse and dedicated loading areas.
Where is this flex space located?
The property is located at 1805 Riverway Dr Pekin, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 40,558‑square‑foot flex building with office and warehouse components; 15' to 18' ceiling heights; Climate‑controlled warehouse with reinforced concrete flooring
More about this property
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