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    Peoria Heights, IL Shopping Centers 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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Retail Space with Road Visibility
    Retail Space with Road Visibility

    1314-1316 E Empire St, Bloomington, IL 61701

    Contact for pricing
    11,527 sqft

    Visible retail space along E. Empire St in Bloomington, IL, offered for sale within a shopping center tenant mix.

    View details
    Anchored Shopping Center with Two Tenants
    Anchored Shopping Center with Two Tenants

    2004-2010 N Knoxville Ave, Peoria, IL 61603

    Contact for pricing
    24,879 sqft

    Anchored by Rent-A-Center and Arona Home Essentials with early lease extensions from tenants.

    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
    Retail Pad Site Shopping Center
    Retail Pad Site Shopping Center

    1701 E Empire St, Bloomington, IL 61704

    Contact for pricing
    2.13 AC lot

    Corner pad site available for sale within Bloomington Commons, with major tenants including Texas Roadhouse and Olive Garden.

    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.

    B-3 Commercial Land
    B-3 Commercial Land

    150 W COURTLAND Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    Level commercial land with B-3 zoning and public sewer service.

    View details

    Peoria Heights, IL Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Peoria Heights, IL on our real estate platform.

    Sale prices for plazas 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

    How Realmo verifies these figures

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