8630 N Allen Rd, Peoria, IL, 61615

8630 N Allen Rd Peoria, IL 61615

8630 N Allen Rd, Peoria, IL, 61615
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$995,000
Last Verified:
Aug 27, 2025

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Highlights


Description

Value-add investment property with established tenant occupying 60% of the building. Great mix of office/retail and warehouse space.

4,576 sf available
size includes common area
Shared, large common area break room/kitchen

Located in the North Peoria area near Route 6. Excellent location.

Building Size: 12129sq ft
Building Class: B
Lot Size: 1.65 acres


Documents

8630 Allen. Sale
8630 Allen.lease

Units for Lease

B
Space Available: 4576 SF
Lease Type: NNN

Price Per Sqft/Year: $14.50

Map of 8630 N Allen Rd, Peoria, IL, 61615

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.