Welcome Home

501 E Meadow Avenue, East Peoria, IL 61611

$350,000

17,210 sq ft
CLS# 1268380
I want more information
New Listings
Price Reductions
Neighborhood Trends
Value of My Home
Coming to Peoria
Leaving Peoria

Positioned in one of East Peoria's most desirable commercial corridors, 501 East Meadow Avenue offers an outstanding opportunity for an owner user or investor seeking value and potential.

This 17,210 square foot B3 zoned commercial building features durable block construction, a drive through overhead door, and 36 on site parking spaces, making it well suited for a variety of commercial uses. With some deferred maintenance, this property presents an excellent opportunity for a buyer to add value through thoughtful renovations and improvements. Its competitive pricing reflects that opportunity, allowing a new owner to build equity while capitalizing on East Peoria's strong commercial market. With a highly visible location, flexible B3 zoning, and excellent access to major roadways, this property offers the ideal combination of location, functionality, and upside. Aggressively priced, this is an exceptional opportunity to invest in one of the area's most established commercial markets.

Property Details

City
East Peoria
County
Tazewell
Type
Commercial Sale
New Construction
No
Zoning
B3
Square Ft.
17,210
Avail Square Ft.
17,210
Year Built
1968

Features

Roofing
  • Flat
Heating/Cooling
  • Forced Air
Water/Sewer
  • Municipal/City

Financials

1381 Taxes
2025
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Nathan Steinwedel, as of 07/15/2026 22:45pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.