Peoria Heights, IL Shopping centers for sale

Prime Peoria Heights Development Opportunity

$1,050,000

5,776 SF

Prime Peoria Heights Development Opportunity

1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616

1.41 acres in Peoria Heights with retail building and development potential.

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.

Updated: Sep 25, 2025

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, 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.

$5,800,000

197,359 SF

Streator Shopping Center For Sale

Large shopping center with significant recent upgrades and high occupancy.

11 Northpoint Dr, Streator, IL 61364

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Streator Retail Center Investment Opportunity

$5,800,000

197,359 SF

Streator Retail Center Investment Opportunity

197,359 SF retail center in Streator, Illinois for sale.

1800 North Bloomington Street, Streator, IL 61364

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$3,100,000

46,620 SF

Peoria Retail Center For Sale

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

4410 N Knoxville Ave, Peoria, IL 61614

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$899,000

6,119 SF

Three-Tenant Strip Center For Sale

6,119 SF strip center on 0.84 acres, renovated in 2016.

2014-2016 N Knoxville Ave, Peoria, IL

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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.

$1,800,000

3.55 Acres

Morton Commercial Land For Sale

3.55 acre commercial land with high traffic frontage.

150 W COURTLAND Avenue, Morton, IL 61550

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$1,800,000

3.55 Acres

High Profile Commercial Land Available

3.55 acres of commercial land with high traffic frontage.

150 W Courtland Avenue, Morton, IL 61550

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$550,000

1.63 Acres

Prime Commercial Land I-55 Access

1.63 acre commercial land near I-55 in Springfield, IL.

6000 S 6th Street Frontage Road, Springfield, IL 62702

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$563,000

5.63 Acres

Commercial Land Near Sports Complex

5.63 acre commercial development opportunity off Interstate 57.

2995 County Road 1400 E, Rantoul, IL 61866

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Peoria Heights, IL Shopping Centers Investment Opportunities Market Analysis

Explore 1 shopping centers for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 5,776 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for plazas in Peoria Heights, IL start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61616	$1.1M

Neighborhood

Average Price

61616

$1.1M

Peoria Heights, IL Shopping Centers for Sale

1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616