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    400 Plaza Park S Chillicothe, IL 61523

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    For Lease
    $7 SF/Yr ($7,812 /Mo)

    12,500 sq ft space suitable for office or retail.

    Property size:
    12,500 SF
    Lot size:
    1.30 Acres

    Property Features for 400 Plaza Park S

    General Information

    Size
    12,500 SF
    Lot size
    1.30 Acres

    Source: Maloof Commercial Agent Madison Maloof

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

    Overview

    Versatile Space in High-Traffic Location

    This property offers 12,500 square feet of available space suitable for office or retail use. The space features a versatile, open floor plan and an impressive 20-foot ceiling height. The location provides prime visibility for maximum exposure and benefits from high traffic counts, potentially increasing foot traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chillicothe
    County
    Peoria
    State
    Illinois
    Longitude
    -89.493991
    Latitude
    40.903989

    Nearby Similar for Lease

    • $9 SF/Yr
      10,600 SF

      Chillicothe Retail Space For Lease

      10,600 SF Retail Building, High Traffic Area
      312 Plaza Park, Chillicothe, IL 61523
      View Details
    • $11 SF/Yr
      5,200 SF

      Chillicothe Office Space - Main Street

      Prime Retail/Office Space - High Visibility
      420 4Th St, Chillicothe, IL 61523
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    • $12 SF/Yr
      9,100 SF

      Chillicothe Office Space For Lease

      Prime Chillicothe location, multiple suites available.
      226 4Th St, Chillicothe, IL 61523
      View Details

    FAQs

    What type of property is this?
    Retail space - 12,500 sq ft space suitable for office or retail.
    Where is this retail space located?
    The property is located at 400 Plaza Park S Chillicothe, IL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility for maximum exposure; - High traffic counts for increased foot traffic; - 12,500 sq. ft. of available space
    (309) 693-3000
    Request Owner's contact information
    400 Plaza Park S Chillicothe, IL 61523
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    Chillicothe, IL 61523
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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
    400 Plaza Park S Chillicothe, IL 61523
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