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    2022 W Townline Rd Peoria, IL 61615

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    For Lease
    $5 SF/Yr

    56,000 SF industrial space with 2,850 SF office.

    Property size:
    56,000 SF
    Lot size:
    2.78 Acres

    Property Features for 2022 W Townline Rd

    General Information

    Size
    56,000 SF
    Lot size
    2.78 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 Modern Office

    This property offers 56,000 square feet of industrial space for lease, including 2,850 square feet of modern office space. It is suitable for industrial, warehouse, or distribution purposes. The space features truck parking with diesel electric connections, docks, and drive-in doors for efficient loading and unloading. The building includes concrete floors and a metal roof. The ceiling height is 23 feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kuusakoski Glass Recycling Center

    Suggested Use

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

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

    Similar Places Nearby

    A A Extra Storage, Mordue Moving & Storage, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6243454
    Latitude
    40.797386

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    FAQs

    What type of property is this?
    Warehouse - 56,000 SF industrial space with 2,850 SF office.
    Where is this warehouse located?
    The property is located at 2022 W Townline Rd Peoria, IL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 56,000 SF industrial space; - Docks and drive-ins for efficient loading/unloading; - Benefit from the 23' ceiling height
    (309) 693-3000
    Request Owner's contact information
    2022 W Townline Rd 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
    2022 W Townline Rd Peoria, IL 61615
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