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Commercial Development Land
For Sale
$1,300,000

8215 N Allen Road Peoria, Peoria, IL 61615

Commercial development land with 340 feet of frontage along N Allen Rd and income from an on-site billboard.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market50

Property Features for 8215 N Allen Road Peoria

General Information

Standard status Active
Lot size 3.00 Acres
Zoning C2

Additional Details

Traffic Count 18,000 vehicles/day

Taxes and HOA fees

Annual Taxes $16,526
Listing Agency:
Listed By: Barb Primm
Source: Realestatepeoria
Added: Jul 14 Changed: Aug 28 Last Checked: Aug 31 at 12:33PM

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 Barb Primm

Investment Insights

Based on property information with market context.

This commercial land offering includes 340 feet of frontage along N Allen Rd and totals approximately 3 acres, providing room for a variety of commercial development concepts. An on-site billboard generates $4,200 in income.

The property is zoned for commercial use and is located in the Medina Plains TIF district. The listing notes traffic passing the site at approximately 18,000 vehicles per day, supporting strong visibility and access for commercial uses.

A key feature of the site is its substantial road frontage, which can support continued commercial prominence along the corridor.

Key Highlights

  • 3‑acre commercial development site with 340 ft of frontage along N Allen Rd in Peoria’s busiest commercial district
  • High traffic location with 18,000 vehicles passing daily along N Allen Rd
  • Zoned for commercial use for retail, office, or mixed‑use development

Property Analytics

Current Use

Vernon Air Duct ... Construction Company

Suggested Use

Top Pick Electrical Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic

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

18,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial development land with 340 feet of frontage along N Allen Rd and income from an on-site billboard.
Where is this commercial land located?
The property is located at 8215 N Allen Road Peoria Peoria, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3‑acre commercial development site with 340 ft of frontage along N Allen Rd in Peoria’s busiest commercial district; High traffic location with 18,000 vehicles passing daily along N Allen Rd; Zoned for commercial use for retail, office, or mixed‑use development
More about this property
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