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Flex Building with Expansion Lot
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200 Globe Street, East Peoria, IL 61611

Office and workshop configuration with additional land approved for light warehouse or storage development.

Property Size10,000 SF
Days on Market145

Property Features for 200 Globe Street

General Information

Standard status Active
Size 10,000 SF
Property subtype Office, Industrial

Building Details

Buildings 1
Building Size 10,000 SF
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Eric Heard
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 3:44AM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex building at 200 Globe Street combines an existing commercial structure with an additional lot. The property supports office and workshop use, with approximately 3,000 square feet currently available for lease. A broker-owner is willing to master lease that remaining area.

The additional lot has approval for a 3,400-square-foot light warehouse or storage building, providing a defined expansion option. The property is adjacent to Caterpillar/Altorfer Rentals and located near East Peoria’s Levee District. Its existing plaza configuration, available space, and approved additional improvement create a flexible setup for an owner-user or commercial operator.

Key Highlights

  • 10,000‑square‑foot flex building at 200 Globe Street
  • Approximately 3,000 square feet remains available for lease
  • Additional lot approved for a 3,400‑square‑foot light warehouse or storage building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Daycare Center Plumbing Service Grocery & Convenience Store Tanning Salon

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

305
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61611, IL

23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
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 - Office and workshop configuration with additional land approved for light warehouse or storage development.
Where is this flex space located?
The property is located at 200 Globe Street East Peoria, IL.
What are key features of this property?
This property features: 10,000‑square‑foot flex building at 200 Globe Street; Approximately 3,000 square feet remains available for lease; Additional lot approved for a 3,400‑square‑foot light warehouse or storage building
More about this property
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