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    Peoria Heights, IL
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    Peoria Heights, IL Retail Properties & Spaces for Sale

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    Peoria, IL Creve Coeur, IL Bartonville, IL East Peoria, IL West Peoria, IL Washington, IL Pekin, IL Germantown Hills, IL
    Prime Peoria Heights Development Opportunity
    Updated: Sep 25, 2025
    Prime Peoria Heights Development Opportunity

    Peoria Heights, IL 61616

    $950,000
    1.41 acres of land zoned B‑2 on E War Memorial Drive (US Hwy 150) offering excellent development opportunity.
    Located in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8).
    High traffic counts of over 25,000 vehicles daily.
    Includes a 5026 Sq. Ft. retail/office building suitable for single or multiple tenants.
    Features two hard corners with multiple road accesses.
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    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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Freestanding Retail Warehouse Building
    Freestanding Retail Warehouse Building

    3414 N Prospect Rd, Peoria, IL 61603

    $249,000

    Freestanding corner lot offers air-conditioned retail frontage and a rear warehouse with overhead drive-in door.

    View details
    Brick Mixed-Use Building
    Brick Mixed-Use Building

    804 E FORREST HILL Avenue, Peoria, IL 61603

    $70,000
    0.09 AC lot

    Compact commercial property with tile flooring, water availability, and public sewer service.

    View details
    Peoria Retail Center For Sale
    Peoria Retail Center For Sale

    4410 N Knoxville Ave, Peoria, IL 61614

    $2,825,000

    46,620 SF retail center with value-add potential in Peoria, IL.

    View details
    Commercial Car Wash Site
    Commercial Car Wash Site

    3633 Meadowbrook Street # Lt#5 Of 9, Peoria, IL 61604

    $575,000

    Land designated for car wash use with municipal water service and city-street access.

    View details

    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 Development Land
    Commercial Development Land

    1003-07-13 NORTH Street, Peoria, IL 61604

    $75,000
    0.80 AC lot

    Commercial-zoned land with public water and natural gas available.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    8215 N ALLEN Road, Peoria, IL 61615

    $1,300,000
    2.92 AC lot

    C2-zoned commercial land with water available and an existing billboard.

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    Commercial Land with Public Water
    Commercial Land with Public Water

    W ALTA Road, Peoria, IL 61615

    $499,900
    1.29 AC lot

    Commercially zoned land with public water and natural gas availability along W Alta Road.

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    Level Commercial Land
    Level Commercial Land

    CUMMINGS & CRUGER Road, Washington, IL 61571

    $1,200,000
    11.31 AC lot

    Level commercial acreage with available utilities and potential for division.

    View details

    Off-Market Properties in Peoria Heights, IL

    Consider similar Off-Market properties in Peoria Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4712 Prospect Rd
    Retail properties & Spaces

    4712 Prospect Rd, Peoria Heights, IL 61616

    Estimated value: by Request
    1,700 sqft
    View details

    Peoria Heights, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 2 retail properties & spaces for sale in Peoria Heights, IL on our real estate platform.

    Sale prices for stores in Peoria Heights, IL average $950,000 — 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

    Shopping centers 1

    Demographics Overview

    Population 5,834
    Population Growth (5Y) -1.3%
    Median Household Income $62,083
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61616 $950K

    Taxes & Financing

    Tax Rate (average for all types) 8.92%
    Property Tax per SF $2.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

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