Fondulac Plaza

For Lease

2516 East Washington Street, East Peoria, IL 61611

You can currently find 1 retail space(s) available for lease at Fondulac Plaza. Designated use type for space listed here includes retail. Current retail listings at this property total 38,109 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Fondulac Plaza.

Space Available For Lease 1

Contacts

Evan Lyons

Encore Real Estate Investment Services

Property Details

  • Property Type Retail
  • Property Size 84,116 SF
  • Units 21
  • Lot Size 8 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1977
  • Date Updated Jul 29, 2026
East Peoria, Illinois is a well-established city located in Tazewell County in central Illinois, positioned along the eastern bank of the Illinois River directly across from downtown Peoria. As an integral part of the Peoria Metropolitan Area, East Peoria enjoys excellent regional accessibility via Interstate 74, U.S. Route 150, and multiple river crossings that provide direct connections to Peoria’s central business district and surrounding communities. The city’s riverfront setting offers scenic views and outdoor recreation opportunities, while its proximity to major transportation routes supports commuter traffic, regional commerce, and long-term economic stability. The community blends suburban residential neighborhoods with strong commercial and industrial development. East Peoria is home to notable employment centers, including Caterpillar Inc. facilities and Illinois Central College, contributing to a stable economic base. The revitalized Levee District serves as a hub for retail, dining, and entertainment, complementing attractions such as riverfront parks, marinas, and the Par-A-Dice Hotel & Casino. With a reputation for community events like the annual Festival of Lights and a balance of lifestyle amenities and business infrastructure, East Peoria remains an attractive location for residents, visitors, and commercial investment..
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Highlights

  • 46,919 SF Available for Lease 38,109 SF Available for Larger Retail Tenant
  • Additional .74 Acre out lot Available for Sale/Lease
  • Anchor Tenants Include Dollar General & Fondulac Community Bank
  • Asking Rent: $11 PSF + NNN (estimated $3.00 PSF)
  • Average Household Income is $94,023 Annually within One Mile
  • Built in 1977 Renovated in 1990 Sits on 8 Acres
  • East Peoria Continues to Experience Commercial Growth Supported by Tourism, Riverfront Attractions, and Regional Employment Centers
  • Fondulac Plaza is a Multi-tenant Retail Center Located on a Primary Retail Corridor
  • Shopping Center has Five Separate Entrances and Excellent Roadside Visibility Washington
  • Street Traffic Counts at 20,000+ VPD
  • The Center Benefits from Convenient Access and Proximity to I-74 with an Average 64,900+ Vehicles Per Day

Getting around

  • 40/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City East Peoria, IL
  • Zip Code 61611

Points of Interest

  • Thortons

    0.25 miles

  • Circle K

    2.14 miles

  • ChargePoint

    2.24 miles

  • Costco Gasoline

    2.56 miles

  • Tesla Supercharger

    2.75 miles

  • Huck's

    2.76 miles

  • BP

    2.96 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    2.97 miles

  • Shell

    3.04 miles

  • Tesla Motors Destination Charger

    3.07 miles

  • Farmdale Reservoir Overlook

    1.81 miles

  • Farmdale Reservoir parking

    1.86 miles

  • Visitor Parking

    2.35 miles

  • Nature Court Parking

    2.46 miles

  • RiverPlex/RiverFront Parking

    2.70 miles

  • Caterpillar Parking Deck

    2.88 miles

  • Public Overflow Parking

    2.90 miles

  • Parking for Kelly Seed & Hardware Co

    2.92 miles

  • Parking for the Mark Twain Hotel

    2.98 miles

  • Public Parking

    2.99 miles

  • Jade Garden Chinese Restaurant

    0.08 miles

  • Taco John's

    0.09 miles

  • McDonald's

    0.16 miles

  • Avanti's

    0.19 miles

  • Burger King

    1.28 miles

  • Jonah's Seafood House

    1.49 miles

  • Dairy Queen

    1.51 miles

  • DQ Grill & Chill

    1.51 miles

  • William B’s Steakhouse

    1.51 miles

  • Super Gyro's

    1.73 miles

  • Big Lots

    0.04 miles

  • Kohl's

    2.12 miles

  • Kroger

    2.41 miles

  • Target

    2.45 miles

  • ALDI

    2.50 miles

  • Walmart Supercenter

    2.59 miles

  • Walmart

    5.55 miles

  • JCPenney

    6.58 miles

  • Northwoods Mall

    6.61 miles

  • Swagat

    7.98 miles

2516 East Washington Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Fondulac Plaza asks $10.00/SF/YR per square foot.

  • The property includes 38,109 square feet of retail space for lease. Of this total, 38,109 square feet are Retail.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

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