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    1620 W Chanute Rd Peoria, IL 61615

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    For Lease
    $4 SF/Yr ($5,156 /Mo)

    Available industrial space with parking and multiple docks.

    Property size:
    13,026 SF
    Lot size:
    7.74 Acres

    Property Features for 1620 W Chanute Rd

    General Information

    Size
    13,026 SF
    Lot size
    7.74 Acres

    Source: Maloof Commercial Agent Dan Maloof

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

    Overview

    Industrial Space with Ample Parking

    Available for lease is a total of 107,496 square feet of industrial space. The property features a large parking lot with direct access to the units. The buildings are equipped with sprinklers and 3-phase/300 Amp power in each building. At 1620 Chanute, there is approximately 64,230 square feet of contiguous space available. Suite A/B offers 43,866 square feet and 3 docks, while Suite C offers 33,990 square feet and 7 docks. At 1616 Chanute, approximately 43,266 square feet of contiguous space is available. Suite B offers 12,504 square feet and 2 docks, and Suite C offers 30,240 square feet and 3 docks. Spaces are divisible or expandable. The property is located in Peoria, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Camfil USA Air ... Air Filter Supplier D P Filters ... Air Filter Supplier

    Suggested Use

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

    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
    -89.6176323
    Latitude
    40.7931125

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    FAQs

    What type of property is this?
    Warehouse - Available industrial space with parking and multiple docks.
    Where is this warehouse located?
    The property is located at 1620 W Chanute Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Total available space of 107,496 sf, offering significant operational capacity.; - Multiple suites with dock access for efficient loading and unloading (Suite C: 7 docks, Suite A/B: 3 docks, Suite B: 2 docks, Suite C: 3 docks).; - Large parking lot with direct access to units, enhancing convenience and accessibility.
    (309) 693-3000
    Request Owner's contact information
    1620 W Chanute Rd Peoria, IL 61615
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    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
    1620 W Chanute Rd Peoria, IL 61615
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