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1315 W Commerce Drive

$1,644,947

1315 W Commerce Drive, Peoria, IL 61615

Active
Last Updated: 08/28/2026

12,176 sqft

Building Size

1.15 acres

Lot Area

Details:
Building Size:    12,176 sqft
Lot Area:    1.15 acres
Class:    A
Units:    3
Occupancy:    60%
Year Built:    2003
Floors:    1
Highlights:
  • 12,176 SF multi-tenant office building
  • 88% occupancy with long-term leases in place
  • Two recently signed long-term leases with 5-year renewal options
  • Ample parking for both employees and customers
  • Well maintained and attractive building exterior
  • Broker owned
Description:

Explore an exceptional investment opportunity in Peoria with this 12,176 SF multi-tenant office building. With an impressive 88% occupancy rate and long-term leases in place, the property offers a stable and lucrative income stream. Recent signings of two long-term leases with 5-year renewal options further enhance its appeal to discerning investors. Providing ample parking for both employees and customers, the well-maintained and attractive exterior adds to the property's desirability. This broker-owned gem represents a compelling chance to secure a valuable asset in a thriving market. Don't miss out on this prime opportunity to enhance your investment portfolio.

Position your firm for success in this premier 12,176 SF professional building, perfectly situated in Peoria’s thriving north-side business corridor. This strategic location offers exceptional corporate visibility alongside top-tier medical and professional neighbors, combined with immediate access to major regional transit veins for effortless employee and client commuting. Just minutes from the premier dining, shopping, and lifestyle amenities at the Shoppes at Grand Prairie, the property features seamless regional connectivity, an expansive dedicated parking lot, and a secure, modern entrance designed to project turnkey professionalism for corporate headquarters, medical practices, or collaborative teams.

Map:
1 Space Available

1315 Commerce, Suite 3 Building

Available:
Immediately
Sublease:
No
SQFT
1,506
Lease Rate:
$13/sqft/yr
Lease Type:
Gross

1,506 RSF professional office suite
Newly divided and autonomous with private restroom
Final space remaining in 3-tenant office building
Ready for your office concept

Documents:
Title
1315 Commerce Lease
View
1315_Commerce_Sale.pdf
View
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Location
Gallery