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Commercial Office Building with Zoning Change
For Sale
Contact for pricing

842 W Glen Avenue, Peoria, IL 61604

For-sale office building on heavily traveled W. Glen Avenue, with a zoning change noted in the remarks.

Property SizeContact for details
Days on Market121

Property Features for 842 W Glen Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: Maloof Commercial Real Estate
Listed By: Jason Miller · License #IL 475164113
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:13AM

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 Maloof Commercial Real Estate

Investment Insights

Based on property information with market context.

This for-sale commercial office building is presented as a potential investment opportunity, with public remarks indicating a zoning change opportunity for commercial use. The property is positioned to serve a mix of office and retail demand along W. Glen Avenue.

The building is located on W. Glen Avenue between the Metro Center and Glen Plaza Shopping Center. W. Glen Avenue is described as heavily traveled and connected to nearby retail destinations, including Schnucks, Bed Bath & Beyond, Walgreens, The Spotted Cow, and several restaurants and eateries. Public remarks also list common office uses in the area, including medical, dental, financial, insurance, and counseling.

Key Highlights

  • For‑sale office building on W. Glen Avenue on a heavily traveled corridor
  • Zoning change noted in the remarks for commercial use
  • Located on W. Glen Avenue between Metro Center and Glen Plaza Shopping Center

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Bakery

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

1,275
Businesses Nearby

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

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?
Office building - For-sale office building on heavily traveled W. Glen Avenue, with a zoning change noted in the remarks.
Where is this office building located?
The property is located at 842 W Glen Avenue Peoria, IL.
What are key features of this property?
This property features: For‑sale office building on W. Glen Avenue on a heavily traveled corridor; Zoning change noted in the remarks for commercial use; Located on W. Glen Avenue between Metro Center and Glen Plaza Shopping Center
(309) 693-3000 Call to check price and availability
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