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Property profile & analytics

1839 12th Highview Rd East Peoria, IL 61611-1420

  • Commercial real estate
  • 4,200 SF
  • 7.85 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2238541
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1839 12th Highview Rd

Year built
1964
Lot size
7.85 lot acres
Property size
4,200 SF
Property type
Commercial real estate
APN
01-01-23-200-014
APU
10123200014

Description

This unique 7.85-acre property in East Peoria, Illinois, presents a compelling investment opportunity. Located at 1839 1/2 Highview Rd, 61611, this property boasts four buildings on a single story, totaling approximately 7.85 acres and built in 1964. The property is currently vacant and zoned for masonic use, but its versatility allows for a wide range of potential uses, including event spaces, daycare centers, restaurants, religious facilities, corporate retreats, and more. The existing infrastructure includes a commercial kitchen, a large event space, a bar area, an outdoor pavilion, and ample parking. An upper-level flex area offers potential for office space or conversion into living quarters. The property benefits from high traffic counts, with over 4,500 cars per day on Highview Road and nearing 6,500 cars per day at nearby intersections. The property has been under the same ownership since 1959, and the current owners are relocating, creating this exceptional opportunity. The 12-foot ceilings provide ample space, and the property features a Class B rating. Note that the current property taxes reflect a partial fraternal exemption, and buyers are responsible for verifying zoning compliance with their intended use. Owner financing may be available with an acceptable offer. The APN is 01-01-23-200-014. This is a truly exceptional opportunity to acquire a versatile property with significant potential in a prime East Peoria location.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
East Peoria
County
Tazewell
State
Illinois
Longitude
-89.5235
Latitude
40.7026
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,093
$36,740
$73,810
$110,550
-
$110,220
$221,430
$331,650
More about this property
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