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    101-103 River Rd East Peoria, IL 61611

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    For Lease
    $16 SF/Yr ($2,000 /Mo)

    Retail spaces available for lease in East Peoria near shopping.

    Property size:
    1,500 SF
    Lot size:
    2.34 Acres

    Property Features for 101-103 River Rd

    General Information

    Size
    1,500 SF
    Lot size
    2.34 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

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

    Overview

    Retail Space Near Levee District

    Retail space is available for lease in East Peoria, adjacent to the Levee District. The building is located on the riverfront at the entrance to Walmart Supercenter and Lowe's Home Improvement. Two 1,500-square-foot spaces are located side by side and can be combined to offer 3,000 square feet. One of the spaces was formerly a salon and has some plumbing in place. The multi-tenant building includes Sherwin Williams, T-Mobile, and Sports Clips. The Levee District and the surrounding areas offer a vibrant mixed-use experience and are a major shopping destination for the greater Peoria area. Adjacent to the Embassy Suites Hilton, nearby commercial users include PetSmart, GameStop, Carle Health, and CEFCU Credit Union. The property is approximately 1 mile from Target and Costco and is located on one of the main entrance roads to Bass Pro and the newly developed Putt Club, an 18,000-square-foot family entertainment complex.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5886718
    Latitude
    40.6825196

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available for lease in East Peoria near shopping.
    Where is this retail space located?
    The property is located at 101-103 River Rd East Peoria, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Located on the Riverfront at the entrance to Walmart Supercenter and Lowes Home Improvement.; - Adjacent to the Levee District, a major shopping destination.; - Two 1,500 SF spaces available side by side, combinable to 3,000 SF.
    (309) 643-0717
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    101-103 River Rd East Peoria, IL 61611
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    East Peoria, IL 61611
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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
    101-103 River Rd East Peoria, IL 61611
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