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    8630 Allen Rd Peoria, IL 61615

    For Lease
    $14 SF/Yr ($14,655 /Mo)

    Prime Peoria Office: 4,576 sq ft Available

    Lot size:
    12,129 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional executive office space, located at 8630 N Allen Rd in Peoria, Illinois, offers 4,576 square feet of immediately available space within a larger 12,129 square foot building. The property is classified as a Class B office building and is zoned I1 - Industrial/Business Park, providing flexibility for a variety of professional uses. The building features a multi-tenant occupancy, creating a vibrant and collaborative work environment. The address is conveniently located in Peoria County, with the zip code 61615, offering easy access to major transportation routes and amenities. The available space presents a unique opportunity for businesses seeking a well-maintained, functional office environment in a desirable location. The property's APN is 14-06-251-016. This is an excellent opportunity to establish or expand your business in a thriving Peoria commercial district. The building's total square footage is 12,129 square feet, indicating a substantial and well-established presence. The property's location provides convenient access to local businesses, transportation networks, and other essential services. This space is ideal for businesses seeking a professional and efficient workspace in a prime Peoria location. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 8630 Allen Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,129 SF
    Class
    B
    Total Rate
    14655.88

    Unit(s) available at that property

    Space
    Space Available
    Size
    4,576 SF
    Rate per SF
    $14

    HighLights

    • 4,576 square feet of office space.
    • 352 square feet of common area included.
    • Large open workspace.
    • Reception area.
    • Conference room.
    • Six private offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RK Dixon Office Equipment Supplier Purity Plus Computer Service

    Suggested Use

    Restaurant Law Firm Realty agency Hair Salon Spa & Massage Clothing Store Dental Office Hotel & Motel Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6302619
    Latitude
    40.793263

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Peoria Office: 4,576 sq ft Available
    Where is this office property / space located?
    The property is located at 8630 Allen Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 4,576 square feet of office space.; 352 square feet of common area included.; Large open workspace.
    Request Owner's contact information
    8630 Allen Rd Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8630 Allen Rd Peoria, IL 61615
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