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    Il-116 & Highview Rd East Peoria, IL 61611

    Sponsored
    For Sale
    $1,500,000

    Prime Brickell location, 1000 sq ft office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,000 square foot office suite is ideally situated on Brickell Avenue. Currently configured as a single-tenant space, this property is perfect for a variety of professional businesses. The suite is located within a building containing only one other suite, offering a quiet and professional atmosphere. The zoning designation is 6407. The property's APN is 01-41-39-091-1260. Previous occupants included a law firm and a mortgage broker, demonstrating its suitability for professional services. The space is available for sublet and is particularly well-suited for businesses seeking a prestigious address in the heart of Brickell. The lease includes access to a shared conference room, providing a convenient space for meetings and presentations. This is a fantastic opportunity for a business seeking a move-in ready, high-profile location in a thriving commercial district. The single-tenant occupancy ensures privacy and control over the workspace. Interested parties are encouraged to inquire for further details and scheduling a viewing. This is a rare opportunity to secure a well-appointed office suite in a highly desirable Brickell location.

    Property Features for 0 Il-116 & Highview Rd

    General Information

    Property type
    Land
    Lot Size
    849,420 SF

    HighLights

    • Office space for sublet in prime Brickell location.
    • Single‑tenant occupancy.
    • 1,000 square feet.
    • Includes conference room use.
    • Zoned 6407, APN 01‑41‑39‑091‑1260.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.553883852851
    Latitude
    40.683074232915

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    FAQs

    What type of property is this?
    Land - Prime Brickell location, 1000 sq ft office.
    Where is this land located?
    The property is located at Il-116 & Highview Rd East Peoria, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Office space for sublet in prime Brickell location.; Single-tenant occupancy.; 1,000 square feet.
    Request Owner's contact information
    Il-116 & Highview Rd 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
    Il-116 & Highview Rd East Peoria, IL 61611
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