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Property profile & analytics

1315 Commerce Dr Peoria, IL 61615

  • Commercial real estate
  • 1.15 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2189965
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Great American Insurance Co / Insurance Agency

Property Details for 1315 Commerce Dr

Lot size
1.15 lot acres
Property type
Commercial real estate
APN
09-32-376-002
APU
932376002

Description

This exceptional executive office building, located at 1315 W Commerce Drive in Peoria, Illinois, presents a unique opportunity. The property, built in 2003, boasts a total of 12,165 square feet, with 5,049 square feet currently available for lease. The building is situated on a 1.15-acre lot in Peoria County, offering ample space and convenient access. The property's multiple tenancy structure provides flexibility for various business needs. Its prime location off North Knoxville Avenue near the Illinois Route 6 exit ensures high visibility and easy access to major transportation routes, including the interstate. The surrounding area features a vibrant mix of businesses, including CVS, Kroger, RLI Insurance, Panera Bread, and Avantis, creating a strong commercial environment. This property is ideal for businesses seeking a well-established, conveniently located, and spacious executive office space in a thriving Peoria neighborhood. The building's 2003 construction suggests modern amenities and infrastructure. The available 5,049 square feet offers significant potential for expansion or customization to suit specific business requirements. This is an excellent opportunity to establish a presence in a desirable and accessible location within Peoria. The zip code is 61615.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6124
Latitude
40.8016
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,216
$90,580
$225,600
$316,180
-
$271,740
$676,800
$948,540
More about this property
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