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1315 W Commerce Drive

$1,652,094

1315 W Commerce Drive, Peoria, IL 61615

Active
Last Updated: 06/15/2026

12,165 sqft

Building Size

1.15 acres

Lot Area

Details:
Building Size:    12,165 sqft
Lot Area:    1.15 acres
Class:    A
Units:    3
Occupancy:    60%
Year Built:    2003
Floors:    1
Highlights:
  • 12,165 SF multi-tenant office building
  • 88% occupancy with long-term leases in place
  • Two recently signed 10-year 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 12,165 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 10-year 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.

Nestled in the vibrant city of Peoria, the area surrounding the property offers a blend of modern convenience and historic charm. Just minutes away from the property, you'll find the Shoppes at Grand Prairie, offering an array of dining and shopping options. Nature enthusiasts will appreciate the nearby opportunities for outdoor recreation at the Rock Island Trail and Detweiller Park. The area is also home to major employers and medical facilities, making it an ideal location for businesses. With its mix of commercial and residential offerings, the location provides an inviting backdrop for professionals seeking a dynamic and accessible setting for their office space.

Map:
1 Space Available

1315 Commerce Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
4,903
Lease Rate:
$13/sqft/yr
Documents:
Title
1315 Commerce Partial
View
1315_Commerce_Sale.pdf
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Location
Gallery