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    210-240 S Main St East Peoria, IL

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    For Lease
    $18 SF/Yr

    Retail end-cap spaces available for lease in East Peoria.

    Property size:
    15,660 SF
    Lot size:
    3.03 Acres

    Property Features for 210-240 S Main St

    General Information

    Size
    15,660 SF
    Lot size
    3.03 Acres

    Source: Lee & Associates | Chicago Agent Michael Petrik

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

    Overview

    East Peoria Retail End-Cap Spaces

    This 46,257 square foot strip center offers retail spaces for lease. An end-cap space of 4,638 square feet is available immediately, and another end-cap space of 15,660 square feet will be available starting January 1, 2025. The property features 181 parking spaces. The parking lot is planned to be repaved and striped in spring or early summer of 2024. Current co-tenants include Advance AutoParts, Dollar Tree, Firehouse Pizza & Pub, Goodwill, RAC Rent-a-Center, and Wrought Iron Gym. Potential outdoor expansion is available.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5986727
    Latitude
    40.6891742

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    FAQs

    What type of property is this?
    Strip mall - Retail end-cap spaces available for lease in East Peoria.
    Where is this strip mall located?
    The property is located at 210-240 S Main St East Peoria, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with excellent co-tenancy including Advance Auto Parts, Dollar Tree, Firehouse Pizza & Pub, and more.; - **Two end-cap spaces available:** 4,638 SF available immediately and a larger 15,660 SF space available 01/01/25.; - Ample parking with 181 spaces and planned repaving/striping in Spring/Early Summer 2024.
    (630) 486-4187
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    210-240 S Main St East Peoria, IL
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    East Peoria, IL
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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
    210-240 S Main St East Peoria, IL
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