Search
Multi-Unit Flex Building
For Sale
$2,575,000

2200 W Townline Road, Peoria, IL 61615

Flex building in North Peoria Industrial Park with five units, including two office/GSA-built vacant spaces totaling 9,280 SF.

Property SizeContact for details
Days on Market68

Property Features for 2200 W Townline Road

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1994
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball (justinashbyball@gmail.com)
Source: Davisrealtor
Added: Jun 30 Changed: Aug 23 Last Checked: Sep 4 at 7:07AM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 22,820 SF flex building is located in the North Peoria Industrial Park and is currently divided into five units. Three units are occupied by long-term tenants, and two units are vacant. The two vacant spaces total 9,280 SF and were built out for offices/GSA.

The property is positioned in an industrial park setting with close, easy access to major highways and interstate. It is also within the North Peoria/Dunlap growth area described in the remarks.

For buyers seeking either an owner-occupant setup or investment ownership, the current multi-unit configuration provides a mix of in-place occupancy and available, office-ready space within the same flex building.

Key Highlights

  • 22,820 SF flex building in the North Peoria Industrial Park (Peoria, IL), built in 1994
  • Divided into 5 units with 3 long‑term tenants and 2 currently vacant units
  • Vacant space totals 9,280 SF and was built out for offices/GSA

Property Analytics

Current Use

TK Elevator Peoria General Contractor

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Catering Service Florist Tattoo & Piercing Shop

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

596
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex building in North Peoria Industrial Park with five units, including two office/GSA-built vacant spaces totaling 9,280 SF.
Where is this flex space located?
The property is located at 2200 W Townline Road Peoria, IL.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: 22,820 SF flex building in the North Peoria Industrial Park (Peoria, IL), built in 1994; Divided into 5 units with 3 long‑term tenants and 2 currently vacant units; Vacant space totals 9,280 SF and was built out for offices/GSA
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message