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1300 W Commerce Dr

$1,450,000

1300 W Commerce Dr, Peoria, IL 61615

Active
Last Updated: 03/11/2026

11,892 sqft

Building Size

1.3067 acres

Lot Area

Details:
Building Size:    11,892 sqft
Lot Area:    1.3067 acres
Occupancy:    75%
Class:    A
Units:    3
Year Built:    2005
Floors:    1
Description:

1300 W Commerce Drive presents a well-maintained, multi-tenant office property located in the highly desirable North Peoria commercial corridor. Built in 2005 with units renovated in 2018 and 2025, the 11,892 SF building sits on 1.31 acres and offers a strong mix of professional tenancy along with available Class A office space for lease. The property is strategically positioned just off North Knoxville Avenue, adjacent to Kroger and approximately one-half mile from the Route 6 interchange, providing convenient regional access and strong surrounding retail synergy. With 62 on-site parking spaces, C2 zoning, and established tenants including Illinois Education Association and Hanson Engineering, this property offers both stability and upside through lease-up of the available space.

This opportunity is ideal for:
• Investors seeking stable tenancy with upside
• Owner-users needing Class A office presence
• Investors looking to increase NOI through lease-up strategy

COMMERCE SUB S 112 SEC 32-10N-8E 1.165 AC LOT 3; ALSO COMG SLY COR OUTLOT B TH NW 25.16'
SW ALG CURVE 148.42' TO POB: TH SW ALG CURVE 207.14' NW 53.68' NE 44.65' & 201.54' SE 30' TO POB PT OUTLOT B

Map:
Location
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