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 Pekin, IL Washington, IL North Pekin, IL
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
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

421 E Church St, Sandwich, IL 60548

$365,000
3,212 sqft

Two retail spaces and an upper-level residence support a practical live-work configuration.

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Mixed-Use Building with Loft Apartment
Mixed-Use Building with Loft Apartment

113-115 East Washington Street, East Peoria, IL 61611

Contact for pricing
6,090 sqft

Commercial space and an upper-level loft apartment support an integrated live-work configuration.

View details
Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

421 E Church Street, Sandwich, IL 60548

$365,000
0.20 AC lot

Two lower-level retail suites accompany an upstairs residence, with accessible entry features and on-site parking.

View details
Mixed-Use Building with Loft
Mixed-Use Building with Loft

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

$299,000

Washington Street property combines adaptable commercial space with an upper-level residential loft.

View details

Peoria, IL Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Peoria, IL on our real estate platform.

Sale prices for live-work properties in Peoria, IL average $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 90
Office buildings 27
Medical Office Space 10
Coworking space 4

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Peoria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
East Peoria - 61611 $299K

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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