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    Peoria, IL
    Live - Work Space

    Peoria, IL Live-work Space for Sale

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    East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Spring Bay, IL Washington, IL Pekin, IL
    Brick Mixed-Use Building
    Updated: Jul 27
    Brick Mixed-Use Building

    2305 LINCOLN Avenue, Peoria, IL 61605

    $150,000
    3,154 sqft
    Updated two‑bedroom apartment on the upper level
    All‑brick building with 3‑stall garage
    Lower level renovated with new insulation, drywall, flooring, and revised layout
    Recent updates include heating, central air, lighting, paint, and exterior improvements
    Private parking lot included
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    Live-Work Space with Loft Apartment
    Updated: Aug 19
    Live-Work Space with Loft Apartment

    113 E Washington St # 115 East, Peoria, IL 61611

    $299,000
    Approximately 3,570 SF of commercial space
    Approximately 2,520 SF upper‑level loft apartment
    Commercial area has potential to divide into two separate units
    Loft apartment has potential for 4 bedrooms and 2 bathrooms
    Directly across from Kroger on Washington Street
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    421 E Church Street, Sandwich, IL 60548

    $365,000
    0.20 AC lot

    Two retail spaces and an upper-level apartment support combined commercial and residential use.

    View details
    Live-Work Space with Upper Apartment
    Live-Work Space with Upper Apartment

    421 E Church Street, Sandwich, IL 60548

    $365,000

    Live-work building with a hair salon, coffee shop, and upper apartment with large kitchen and cathedral ceilings.

    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    818 E New York Street, Aurora, IL 60505

    $472,000
    0.35 AC lot

    Combines business areas, two apartments, storage, and an attached garage.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    818 E New York Street, Aurora, IL 60505

    $472,000

    Combined commercial and residential space accommodates a live-work format with storage, parking, and an attached garage.

    View details

    Peoria, IL Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Peoria, IL on our real estate platform. These investment opportunities span a total of 3,154 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for live-work properties in Peoria, IL start at $150,000, averaging $224,500, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 159
    Office buildings 53
    Medical Office Space 18
    Coworking space 4

    Demographics Overview

    Population 161K
    Population Growth (5Y) -4.8%
    Median Household Income $60,369
    College Educated 13.0%

    Taxes & Financing

    Tax Rate (average for all types) 9.17%
    Property Tax per SF $24.08 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Peoria fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Peoria, IL

    • 61605
    • 61611

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