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Mixed-Use Flex Warehouse Building
For Sale
$995,000

8630 N Allen Rd, Peoria, IL 61615

Value-add flex building combining office, retail, and warehouse space with an established tenant in place through 1/31/28.

Property SizeContact for details
Days on Market55

Property Features for 8630 N Allen Rd

General Information

Standard status Active
Property subtype Office
Occupancy 62%

Additional Details

Highway Access Yes
Listing Agency: Maloof Commercial Real Estate Company
Listed By: Madison Maloof · License #IL #475.180439
Source: Maloofcom
Added: Jun 25 Changed: Jul 10 Last Checked: Aug 18 at 5:19AM

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 Company

Investment Insights

Based on property information with market context.

This value-add flex property features a combination of office, retail, and warehouse space within one building. An established tenant is occupying approximately 60% of the property, and the asset is noted as 62% leased with occupancy scheduled through 1/31/28.

The property is positioned for practical day-to-day use, with quick access to the interstate and being located near shopping and office complexes. This mix of nearby activity can support visibility and customer access for retail components, while the warehouse portion supports light distribution and flexible operational needs.

For buyers, the current leased occupancy provides immediate income while leaving additional space available for future leasing within the same mixed-use framework. For operators and tenants, the building’s flexible blend of office/retail/warehouse configuration can accommodate businesses that benefit from both customer-facing space and functional back-of-house storage or work areas.

Key Highlights

  • Value‑add flex building with a mix of office, retail, and warehouse space
  • Property is 62% leased with an established tenant in place
  • Tenant lease extends through 1/31/28

Property Analytics

Current Use

RK Dixon Big Box & Wholesale Store Purity Plus Tech Support Center

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Carpet & Flooring Store Cafe & Coffee Shop

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

62%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

848
Businesses Nearby
Well-served
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Flex space - Value-add flex building combining office, retail, and warehouse space with an established tenant in place through 1/31/28.
Where is this flex space located?
The property is located at 8630 N Allen Rd Peoria, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Value‑add flex building with a mix of office, retail, and warehouse space; Property is 62% leased with an established tenant in place; Tenant lease extends through 1/31/28
More about this property
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