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    2402 E Washington St East Peoria, IL 61611

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    For Lease
    $12 SF/Yr ($7,210 /Mo)

    Retail spaces for lease with high visibility and accessibility.

    Property size:
    7,210 SF
    Lot size:
    7.42 Acres

    Property Features for 2402 E Washington St

    General Information

    Size
    7,210 SF
    Lot size
    7.42 Acres

    Source: Joseph & Camper Commercial Agent Steve Reeves

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

    Overview

    Retail Space in Fondulac Plaza

    Spaces are available for lease at Fondulac Plaza. A build-to-suit pad site is available on 0.74 acres for sale or lease. The shopping center features five separate entrances and excellent roadside visibility. Located on Washington Street in East Peoria, the location averages 20,000 cars per day. Anchor tenants include Big Lots, Dollar General, and Fondulac Community Bank. The property size is 7,210 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5392869
    Latitude
    40.6738594

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces for lease with high visibility and accessibility.
    Where is this shopping center located?
    The property is located at 2402 E Washington St East Peoria, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent roadside visibility; - Located on Washington Street with 20,000 CPD; - Anchor tenants include Big Lots, Dollar General & Fondulac Community Bank
    (309) 550-0139
    Request Owner's contact information
    2402 E Washington St 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
    2402 E Washington St East Peoria, IL 61611
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