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Retail Space with Overhead Door
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3029 N STERLING Avenue, Peoria, IL 61604

Commercial Lease, Peoria, IL

Space Size3,500 SF
Days on Market2

Property Features for 3029 N STERLING Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning C2
Directions Forrest Hill and Sterling
Standard status Active
APN 14-31-131-005

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 59563

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

overhead door

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Block, Brick, Glass, Steel Frame
Roof type Tar/Gravel
Listing Agency: Oakwood Real Estate
Listed By: Mark Rosenberg · License #471012524
Added: Sep 9 Last Checked: Sep 10 at 5:06AM
MLS# PA1270034

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 approximately 3,500-square-foot retail space is configured for flexible commercial use within an established retail center. The space was formerly used for retail and includes an overhead door, offering adaptability for retail, office, or contractor-oriented operations. Concrete flooring and block, brick, glass, and steel-frame construction are complemented by forced-air heating, natural gas service, and central air conditioning.

The property is positioned along N Sterling Avenue in Peoria, with a reported daily traffic count of 20,000 vehicles. C2 zoning supports its commercial setting, while public sewer, a tar/gravel roof, and existing building systems contribute to the property's practical operating profile.

Key Highlights

  • Approximately 3,500 square feet of flexible commercial space
  • C2 zoning in an established retail center
  • Reported daily traffic count of 20,000 vehicles

Property Analytics

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Current Use

Wardcliffe Shopping Center Shopping Center & Mall Double A's Bargain ... Clothing Store Francis Car Injury ... Department Of Transportation

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Spa & Massage Center Building Supply

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

20,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
75k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 29% Shops & Services 25% Electronics 8%
Kroger Groceries
28,464 visits/mo 0.3 miles
Taco Bell Dining
15,839 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
10,063 visits/mo 0.3 miles
Dollar General Shops & Services
7,084 visits/mo 0.4 miles
Little Caesars Pizza Dining
5,949 visits/mo 0.1 miles

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Peoria, IL

$12.6 /SF/Yr
Avg Asking Price
$5.75–$25 /SF/Yr
Price Range
7,635 SF
Avg Space Size

This space is priced 18% below the average of $12.6 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible C2-zoned space in a high-traffic retail center with central air and an overhead door.
Where is this retail space located?
The property is located at 3029 N STERLING Avenue Peoria, IL.
What are key features of this property?
This property features: Approximately 3,500 square feet of flexible commercial space; C2 zoning in an established retail center; Reported daily traffic count of 20,000 vehicles
More about this property
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