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Flex Space with High Ceilings
For Sale
$35,000

2316 SW JEFFERSON Avenue, Peoria, IL 61605

Commercial Sale, Peoria, IL

Property SizeContact for details
Days on Market9

Property Features for 2316 SW JEFFERSON Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Take SW Jefferson Ave. Property is on the Left.
Standard status Active
APN 18-17-182-001

Taxes and HOA fees

Tax Annual Amount 645

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Concrete, Block
Roof type Composition
Listing Agency: eXp Realty
Listed By: Jill Barclay
Added: Sep 18 Last Checked: Sep 26 at 2:06PM
MLS# PA1270311

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property at 2316 SW Jefferson Avenue in Peoria offers high ceilings, a taller garage door, and substantial interior space for business operations. The garage access is suited to larger machinery, while concrete flooring and concrete-block construction provide a durable physical configuration. The property was previously operated as an auto dealership.

Commercial zoning supports the property’s existing business-oriented use. Building systems include natural gas heating, a composition roof, and public sewer service. The combination of clear interior volume, heavy-duty materials, and oversized garage access creates a practical setting for a range of commercial operations.

Key Highlights

  • High‑ceiling flex space with substantial interior volume
  • Taller garage door suited to larger machinery
  • Previously operated as an auto dealership

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Pharmacy

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

477
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61605, IL

14,049
Population
7,114
Households
2
Avg Household Size
34
Median Age
5%
College-Educated
80%
High-School Grad
4.4 sq mi
ZIP Area
3,193
Density / Sq Mi
$24,499
Median Household Income
$25,176
Median Earnings
$831
Median Rent
$44,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Central Illinois Catering — 711 W McBean St, Peoria, IL 61605

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned flex property with concrete construction and a taller garage door.
Where is this flex space located?
The property is located at 2316 SW JEFFERSON Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: High‑ceiling flex space with substantial interior volume; Taller garage door suited to larger machinery; Previously operated as an auto dealership
More about this property
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