Building Details

Year Built 2003

Units 3

Tenancy Multi

Listing Agency: Maloof Commercial Real Estate d***@maloofcom.com Show Phone

Listed By: Daniel Maloof · License #IL 475122647

Source: Crexi

Added: May 23, 2023 Changed: Aug 8 Last Checked: Aug 19 at 11:23PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Projected impressive net operating income (NOI)
• Strong tenant profiles and established rental history
• High visibility and convenient accessibility

Property Analytics

Property Profile

Current Use

Great American Insurance ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store

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

352

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

Where is this office building located?

The property is located at 1315 W Commerce Dr Peoria, IL.

What is the asking price?

The asking price for this property is $1,652,094.

What are key features of this property?

This property features: Projected impressive net operating income (NOI); Strong tenant profiles and established rental history; High visibility and convenient accessibility