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Nine-Unit Strip Mall
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801 W Lake Ave, Peoria, IL 61614

The property includes occupied space for Dollar General and H&R Block across two retail sections.

Property Size107,280 SF
Days on Market140

Property Features for 801 W Lake Ave

General Information

Standard status Active
Size 107,280 SF
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Vieweg Real Estate
Listed By: AJ Speasl · License #IL475.208164
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:59PM

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 Vieweg Real Estate

Investment Insights

Based on property information with market context.

This 107,280-square-foot strip mall contains nine units with Dollar General and H&R Block occupying space within the property. Eight units are grouped in one retail strip, while a separate unit is positioned next to Kroger. The offering is located at 801 W Lake Ave in Peoria, Illinois, and includes two distinct retail components under one property address.

Key Highlights

  • 107,280 SF retail strip mall
  • Nine‑unit configuration
  • Dollar General and H&R Block are identified as occupants

Property Analytics

Current Use

Kroger Grocery & Convenience Store Citi Trends Clothing Store Kroger Bakery Grocery & Convenience Store Kroger Deli Food Market Kroger Pharmacy Pharmacy

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop HVAC Service Auto Parts Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby
297k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 42% Dining 31% Shops & Services 22% Electronics 2%
Hy-Vee Groceries
49,807 visits/mo 0.2 miles
Kroger Groceries
31,272 visits/mo 0.1 miles
Schnucks Groceries
27,814 visits/mo 0.4 miles
Culver's Dining
24,558 visits/mo 0.4 miles
CEFCU Shops & Services
16,853 visits/mo 0.2 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - The property includes occupied space for Dollar General and H&R Block across two retail sections.
Where is this strip mall located?
The property is located at 801 W Lake Ave Peoria, IL.
What are key features of this property?
This property features: 107,280 SF retail strip mall; Nine‑unit configuration; Dollar General and H&R Block are identified as occupants
(217) 433-0839 Call to check price and availability
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