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    Peoria, IL
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    Peoria, IL Parking Lots & Garages for Sale

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    Downtown Peoria Commercial Property
    Updated: Oct 21, 2024
    Downtown Peoria Commercial Property

    2119 SW Adams St, Peoria, IL

    $269,000
    23,684 sqft 1.64 AC lot
    23,684 SF commercial property in downtown Peoria
    Large 1.88‑acre parcel with approximately 92 parking spaces and room for expansion
    Formerly a bank, featuring five distinct sections
    3‑phase 600 amp electrical service with backup generator
    Covered drive‑thru and ATM lanes in place
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Pay-to-Park Parking Lot Package
    Pay-to-Park Parking Lot Package

    517 E MONROE Street, Metamora, IL 61548

    $700,000
    0.53 AC lot

    Pay-to-park lot with 49 spaces is sold as part of a two-parcel package including an eight-unit apartment portfolio.

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    Multi-Parcel Residential and Parking Portfolio
    Multi-Parcel Residential and Parking Portfolio

    517 E Monroe Street # 519, Metamora, IL 61548

    $700,000
    1,925 sqft

    Package includes multi-unit residential buildings and a pay-to-park lot with 49 income-producing spaces.

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    Paved and Fenced Parking Lot
    Paved and Fenced Parking Lot

    108 West Mason Street, Springfield, IL 62702

    $184,000

    Paved and fenced parking lot for sale.

    View details
    Commercial Lots in Springfield, IL
    Commercial Lots in Springfield, IL

    3025 LINDBERGH Avenue lot: 1, Springfield, IL 62704

    $370,260
    0.85 AC lot

    West side commercial lots available for sale in Springfield.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lots in Springfield, IL
    Commercial Lots in Springfield, IL

    3025 LINDBERGH Avenue lot: 2, Springfield, IL 62704

    $374,616
    0.86 AC lot

    West side commercial lots available for sale in Springfield.

    View details
    Vacant Corner Lot on Highway
    Vacant Corner Lot on Highway

    124 E Platt Street, Maquoketa, IA 52060

    $98,000
    0.34 AC lot

    Vacant corner double lot with highway access and B2 zoning.

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    Bridgeview Industrial Lot For Sale
    Bridgeview Industrial Lot For Sale

    9901 S 76th Avenue, Bridgeview, IL 60455

    $4,000,000
    4.20 AC lot

    4.2 acre industrial lot in prime Bridgeview location.

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    West Englewood Vacant Land
    West Englewood Vacant Land

    2101 W 69th Street, Chicago, IL 60636

    $125,000
    0.35 AC lot

    Vacant land in West Englewood, Chicago, ideal for manufacturing.

    View details

    Peoria, IL Parking Lots & Garages Market Trends and Statistics

    Explore 1 parking lots & garages for sale in Peoria, IL on our real estate platform. These investment opportunities span a total of 23,684 square feet of properties for sale, with an estimated market value of $269,000.

    Sale prices for parking garages in Peoria, IL start at $269,000, averaging $269,000, and reaching up to $269,000 — 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 Spaces 116
    Land 99
    Retail properties & Spaces 99
    Office Units 76
    Commercial land 65

    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
    61604 $475K

    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 100,000+ square foot range.

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