1506 W Luthy Dr, Peoria, IL, 61615

1506 W Luthy Dr Peoria, IL 61615

1506 W Luthy Dr, Peoria, IL, 61615
1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615 1506 W Luthy Dr, Peoria, IL, 61615
FOR SALE
Property Type:
Warehouse
Amount:
$1,200,000
Last Verified:
May 29, 2026

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Highlights

  • 18,748 SF of versatile space
  • Zoned I1 (Industrial/Business Park Dist)
  • 16,362 SF heated warehouse
  • (1) 8' dock, 2 drive-in doors
  • ±3,386 SF office area
  • 2 conference rooms, 3 private offices
  • Strategic Peoria location

Description

Presenting a prime investment opportunity in the Peoria area, this industrial property boasts an impressive 18,748 square feet of versatile space, ideal for a range of warehouse and distribution activities. Zoned I1 (Industrial/Business Park Dist), the property enjoys full occupancy and a strategic location within a thriving industrial landscape. The spacious 16,362 square foot heated warehouse features (1) 8' dock and 2 drive-in doors, while the ±3,386 square foot office area encompasses 2 conference rooms, 3 private offices, and a breakroom. With its functional layout and strategic amenities, this property offers a compelling proposition for industrial, warehouse, and distribution investors seeking a high-performing asset in a coveted location.

Located in the vibrant city of Peoria, IL, the area surrounding the property offers a dynamic mix of business and leisure opportunities. A thriving commercial hub, Peoria is home to a range of amenities and attractions, including the Peoria Riverfront, the Peoria Civic Center, and the popular Northwoods Mall, providing ample dining, shopping, and entertainment options for professionals and visitors alike. With its close proximity to major transportation routes, this location presents an ideal opportunity for businesses seeking a strategic and accessible base in the heart of Illinois. The area's diverse blend of commercial, cultural, and recreational offerings make it an attractive choice for office investors and tenants.

Building Size: 18748sq ft
Lot Size: 1.62 acres


Documents

1506 Luthy.Sale

Map of 1506 W Luthy Dr, Peoria, IL, 61615

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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.