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Peoria Heights, IL Shopping Centers for Sale

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Chicago, IL Springfield, IL Hoffman Estates, IL

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.

Explore Opportunities in Nearby Cities

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

$2,600,000

54,429 SF

Bloomington Retail Property For Sale

Former post office with Dollar General and other tenants.

1209 Towanda Avenue, Bloomington, IL 61701

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$900,000

23,181 SF

Retail Property with Ample Parking

Retail property featuring recent upgrades and high visibility.

1603 Morrissey Dr, Bloomington, IL

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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.

$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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Rantoul Commercial Development Opportunity

$4,000,000

40.00 Acres

Rantoul Commercial Development Opportunity

40-acre commercial land near I-57 in Rantoul, Illinois.

2990 County Road 1400 E, Rantoul, IL 61866

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West Burlington Development Land Available

$59,900

1.31 Acres

West Burlington Development Land Available

1.31 +/- acres outlot near Westland Mall for development.

Autumn Lane Lot : J, West Burlington, IA 52655

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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.

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Peoria Heights, IL Shopping Centers for Sale

Prime Peoria Heights Development Opportunity

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