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Versatile Retail-Office Building
For Sale
$70,000

804 E Forrest Hill Avenue, Peoria, IL 61603

A zoned A6 commercial building with an efficient layout, suited for retail, office, or service uses.

Property Size1,517 SF
Lot Size0.09 Acres
Price / SF$46.14
Days on Market107

Property Features for 804 E Forrest Hill Avenue

General Information

Standard status Active
Size 1,517 SF
Lot size 0.09 Acres
Property subtype Commercial
Zoning A6
Listing Agency: Realty Executives Acclaimed
Listed By: Carolyn Catton · License #471002194
Source: Craggsrealtors
Added: Apr 15 Changed: Jul 20 Last Checked: Jul 30 at 12:37PM

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 Realty Executives Acclaimed

Investment Insights

Based on property information with market context.

This versatile commercial building offers approximately 1,500 square feet of efficient indoor space designed to support a range of business uses. The layout is configured for practical day-to-day operations, with room for customer interaction or workspace customization. The property is offered for sale as an owner-user or investor-friendly asset.

Located at 804 E Forrest Hill Avenue in Peoria, Illinois, the building sits on a manageable lot of approximately 4,050 square feet. The property is zoned A6, providing flexibility for retail, office, and service-based businesses, along with investment use.

The offering also includes affordable annual taxes of $1,382.10, supporting a cost-effective option for establishing or expanding a commercial presence.

Key Highlights

  • ~1,500 sq ft commercial building with an efficient layout for retail, office, or service uses
  • Zoned A6, offering flexibility for a variety of business types and investment purposes
  • ~4,050 sq ft lot provides space for a manageable commercial property footprint

Property Analytics

Current Use

Concrete Studio 35 Interior Design

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

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

361
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - A zoned A6 commercial building with an efficient layout, suited for retail, office, or service uses.
Where is this retail space located?
The property is located at 804 E Forrest Hill Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: ~1,500 sq ft commercial building with an efficient layout for retail, office, or service uses; Zoned A6, offering flexibility for a variety of business types and investment purposes; ~4,050 sq ft lot provides space for a manageable commercial property footprint
More about this property
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