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Senior Housing Portfolio

1511 N Bigelow St, Peoria, IL 61604

For Sale
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Two Illinois communities offer independent living, with one also licensed for assisted living.

Property SizeContact for details
Days on Market5

Property Features for 1511 N Bigelow St

General Information

Standard status Active
Property subtype Senior Living

Additional Details

Highway Access Yes
Currently Operating Yes

Building Details

Tenancy Multi
Listing Agency: Blueprint Healthcare Real Estate Advisors
Listed By: will roberts · License #235781
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 5:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blueprint Healthcare Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

This senior housing portfolio comprises two communities with 25 units across Peoria and Casey, Illinois. The Peoria property has 15 independent living units. In Casey, a licensed 10-unit assisted living community is currently used for independent living.

The Peoria community sits just off Interstate 74, with access to Downtown Peoria, OSF Saint Francis Medical Center, and retail destinations. The Casey property is near U.S. Route 40, Casey Municipal Airport, Fairview Park, and Casey Country Club.

Key Highlights

  • Two senior housing communities totaling 25 units in Peoria and Casey, Illinois
  • Peoria community includes 15 independent living units
  • Casey property is licensed for assisted living, with 10 units currently operating as independent living

Property Analytics

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Current Use

Liberty Estate Senior ... Retirement Community

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Kitchen & Bath Showroom Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,749
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Two Illinois communities offer independent living, with one also licensed for assisted living.
Where is this senior housing / retirement home located?
The property is located at 1511 N Bigelow St Peoria, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two senior housing communities totaling 25 units in Peoria and Casey, Illinois; Peoria community includes 15 independent living units; Casey property is licensed for assisted living, with 10 units currently operating as independent living
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