Listing Agency: Maloof Commercial Real Estate

Listed By: Daniel Maloof · License #IL 475122647 Show Phone

Source: Crexi

Added: Jul 2, 2021 Changed: Sep 4 Last Checked: Sep 5 at 5:29PM

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Investment Insights

Based on property information with market context.

This property is located in the Peoria County Business Park, near the intersection of Maxwell Road, Plank Road, and Interstate 474. Neighboring businesses include Tru-Green, River City Construction, Standard Sheet Metal, PJ Hoerr, Design Plus Cabinet & Granite, Steamfitters Local, P & W Builders, and Brinks. The property is located on Commerce & Development Drive in Peoria, Illinois.

Key Highlights

• Located in the Peoria County Business Park
• Close proximity to Interstate 474
• Situated near the intersection of Maxwell Road and Plank Road

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

91

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Located in Peoria County Business Park near Interstate 474.

Where is this commercial land located?

The property is located at Commerce & Development Drive Peoria, IL.

What is the asking price?

The asking price for this property is $182,795.

What are key features of this property?

This property features: Located in the Peoria County Business Park; Close proximity to Interstate 474; Situated near the intersection of Maxwell Road and Plank Road