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    2315 W Altorfer Dr Peoria, IL 61615

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    For Sale
    $2,495,000

    43,610 SF warehouse on 1.81 acres, Peoria, Illinois.

    Property size:
    43,610 SF
    Lot size:
    1.82 Acres

    Property Features for 2315 W Altorfer Dr

    General Information

    Size
    43,610 SF
    Lot size
    1.82 Acres

    Source: Maloof Commercial Agent Dan Maloof

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse Space with Recent Addition

    This 43,610 square foot warehouse is situated on 1.81 acres. The property features an open warehouse area, a small office space, and is equipped with a sprinkler system. Loading and access are facilitated by four docks and one overhead door. An addition to the building was completed in 2015. Parking is available for 19 to 21 vehicles. The current tenant is scheduled to relocate in 2026, with a buyout option potentially available. The property is located in Peoria, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hoffman Burial Supplies ... Funeral Home

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Wholesale Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Two Men and a Truck Moving and Storage, CubeSmart Self Storage, Two Men And A Truck, Storage Rentals of America, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6274342
    Latitude
    40.7900853

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    FAQs

    What type of property is this?
    Warehouse - 43,610 SF warehouse on 1.81 acres, Peoria, Illinois.
    Where is this warehouse located?
    The property is located at 2315 W Altorfer Dr Peoria, IL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - 43,610 sf warehouse space on 1.81 acres; - Features four dock doors for efficient loading/unloading; - Sprinkler system for fire safety
    (309) 693-3000
    Request Owner's contact information
    2315 W Altorfer Dr Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2315 W Altorfer Dr Peoria, IL 61615
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