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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 Washington, IL Pekin, IL Germantown Hills, IL Morton, 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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    See what stands out in Peoria County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Leased Retail Outparcel
    Leased Retail Outparcel

    3578 Court St, Pekin, IL 61554

    $1,494,000
    5,400 sqft

    Retail property occupied by Verizon and OneMain Financial with recently extended leases.

    View details
    Retail Shopping Plaza with 28 Suites
    Retail Shopping Plaza with 28 Suites

    2910-2996 Court Street, Pekin, IL 61554

    Contact for pricing
    59,982 sqft 5.45 AC lot

    Fee-simple shopping plaza with 28 retail suites on two buildings and strong commuter-corridor frontage.

    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

    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

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