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    9031 Allen Rd Peoria, IL 61615

    For Lease
    $18 SF/Yr ($16,320 /Mo)

    Class A Office Suites, Peoria, IL

    Lot size:
    10,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Class A office space in Peoria, Illinois, offers a prime location at 9031 N Allen Rd, 61615. The single-story building totals 10,880 square feet and features six individual suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,200 square feet. Currently, 2,400 square feet are available for lease. The property boasts ample parking with 59 spaces available for tenants and visitors. Located in Peoria County, this property benefits from its convenient placement near major retailers such as Walmart and Menards. Co-tenants include T-Mobile, Family Quick Care, a nail salon, and GameStop, creating a vibrant and accessible business environment. One available suite previously served as a hair salon and includes existing shampoo bowls, presenting a unique opportunity for a variety of businesses. The property's annual taxes are $2.83 per square foot. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located, and readily available executive office space in a high-traffic area. The building's single-story design provides easy accessibility and efficient use of space. Inquire today to learn more about leasing options and secure your ideal workspace.

    Property Features for 9031 Allen Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,880 SF
    Class
    A
    Total Rate
    16320

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 2
    Size
    1,600 SF
    Rate per SF
    $18

    HighLights

    • Class A office space totaling 10,880 square feet in Peoria, IL (61615) at 9031 N Allen Rd.
    • Six individual suites available, with a minimum of 1,200 and a maximum contiguous space of 1,200 square feet; 2,400 square feet currently available.
    • Ample parking with 59 spaces.
    • Convenient location near major retailers (Walmart, Menards) and co‑tenants (T‑Mobile, Family Quick Care, GameStop).
    • One available suite features existing shampoo bowls.
    • Annual property taxes: $2.83 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ashbacher Julie E Nurse Practitioner Sarchet Aimee R Nurse Practitioner Nancy's Eyebrow Beauty Salon Seipp Frank Nursing Agency Family Quick Care ... Medical Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Hotel & Motel Nail Salon Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.633182
    Latitude
    40.7975206

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, Peoria, IL
    Where is this office property / space located?
    The property is located at 9031 Allen Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class A office space totaling 10,880 square feet in Peoria, IL (61615) at 9031 N Allen Rd.; Six individual suites available, with a minimum of 1,200 and a maximum contiguous space of 1,200 square feet; 2,400 square feet currently available.; Ample parking with 59 spaces.
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    9031 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
    9031 Allen Rd Peoria, IL 61615
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