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    2027 W Farmington Rd West Peoria, IL 61604

    For Lease
    $1,500 /Mo ($10 SF/Yr)

    1,680 sq ft remodeled salon space near Bradley University.

    Property size:
    1,680 SF
    Lot size:
    1.79 Acres

    Property Features for 2027 W Farmington Rd

    General Information

    Size
    1,680 SF
    Lot size
    1.79 Acres

    Source: Maloof Commercial Agent Jason Miller

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

    Overview

    Remodeled Salon Space Available

    This 1,680 square foot retail space, suitable for salon use, is located in West Peoria, IL, near Bradley University. The space has been recently remodeled and features a convenient corner location. The property includes three wash stations and two dryers.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6262458
    Latitude
    40.7031799

    Nearby Similar for Lease

    • $11 SF/Yr
      18,206 SF

      West Peoria Office Building for Lease

      Prime West Peoria location, multiple suites available.
      2619 Heading Ave, West Peoria, IL 61604
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,680 sq ft remodeled salon space near Bradley University.
    Where is this retail space located?
    The property is located at 2027 W Farmington Rd West Peoria, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 1,680 sq. ft. salon space; - Recently remodeled; - 3 wash stations & 2 dryers remain
    (309) 693-3000
    Request Owner's contact information
    2027 W Farmington Rd West Peoria, IL 61604
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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
    2027 W Farmington Rd West Peoria, IL 61604
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