Established Shopping
New
For Lease
$10 SF/Yr
2516 East Washington Street, East Peoria, IL 61611
Located within the Peoria Metropolitan Area, the property serves a central Illinois commercial corridor with regional roadway access.
Space Size38,109 SF
Property Size84,116 SF
Days on Market3
Property Features for 2516 East Washington Street
General Information
Standard status
Active
Size
38,109 SF
Property subtype
Retail
Building Details
Building Size
84,116 SF
Year Built
1977
Units
21
Spaces For Lease
at 2516 East Washington Street Contact us- Size
- 38,109 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
. $10/SF/Yr
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Evan Lyons · License #6501400582
(248) 702-0298
Source:
Commercialcafe
Added: Sep 1
Last Checked: Sep 2 at 1:53PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This shopping center was built in 1977 and is located at 2516 East Washington Street in East Peoria, Illinois. The property is positioned within a suburban commercial and industrial community along the eastern side of the Illinois River, across from downtown Peoria.
Regional connections include Interstate 74, U.S. Route 150, and multiple river crossings. Nearby commercial and employment context includes the Levee District, Caterpillar Inc. facilities, Illinois Central College, and the Par-A-Dice Hotel & Casino. East Peoria also includes riverfront parks, marinas, residential neighborhoods, and community events.
Regional connections include Interstate 74, U.S. Route 150, and multiple river crossings. Nearby commercial and employment context includes the Levee District, Caterpillar Inc. facilities, Illinois Central College, and the Par-A-Dice Hotel & Casino. East Peoria also includes riverfront parks, marinas, residential neighborhoods, and community events.
Key Highlights
- Shopping center constructed in 1977
- 2516 East Washington Street, East Peoria, IL 61611
- Access to Interstate 74 and U.S. Route 150
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 27%
Superstores 24%
Big Lots
Superstores
20,114 visits/mo
0.1 miles
McDonald's
Dining
15,766 visits/mo
0.1 miles
Thorntons
Shops & Services
15,201 visits/mo
0.2 miles
East Peoria #3
Shops & Services
12,681 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,508 visits/mo
0.1 miles
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Located within the Peoria Metropolitan Area, the property serves a central Illinois commercial corridor with regional roadway access.
Where is this shopping center located?
The property is located at 2516 East Washington Street East Peoria, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Shopping center constructed in 1977; 2516 East Washington Street, East Peoria, IL 61611; Access to Interstate 74 and U.S. Route 150
