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    222 Camp St East Peoria, IL 61611

    For Lease
    $15 SF/Yr ($14,850 /Mo)

    2,925 SF Single-Tenant Retail Opportunity

    Lot size:
    11,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,925 square foot retail space is ideally situated in East Peoria's vibrant Levee District, at the highly visible corner of Camp Street and Spinder Drive. The property benefits from a signalized intersection, providing excellent visibility and accessibility for customers. This single-tenant space is part of a larger 11,880 square foot strip center, built in 2008, and classified as Class B. The building sits on a 2.49-acre lot and boasts a convenient one-story design. The property is zoned B3 and located in Tazewell County. The surrounding area features a strong mix of established businesses, including Jimmy John's, IHOP, Liberty Tax, George's Pizza, Pho Noodle House, a nail salon, and a vape shop, creating a thriving commercial environment. Ample parking is available with approximately 60 surface spaces on-site. This location offers significant potential for a variety of retail businesses seeking high visibility and convenient access to a busy commercial district. The property presents a unique opportunity to establish a presence in a well-established and growing area. The single-tenant occupancy provides flexibility and control, making it an attractive investment for discerning business owners.

    Property Features for 222 Camp St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,880 SF
    Class
    B
    Total Rate
    14850

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,925 SF
    Rate per SF
    $15

    HighLights

    • 11,880 SF retail/office strip center on a 2.49‑acre lot in Tazewell County.
    • Single‑tenant, 2,925 SF retail space available.
    • Located at a signalized intersection in East Peoria's Levee District.
    • Strong co‑tenancy including Jimmy John's, IHOP, and others.
    • Approximately 60 surface parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5788474
    Latitude
    40.6710917

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    FAQs

    What type of property is this?
    Neighborhood center - 2,925 SF Single-Tenant Retail Opportunity
    Where is this neighborhood center located?
    The property is located at 222 Camp St East Peoria, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 11,880 SF retail/office strip center on a 2.49-acre lot in Tazewell County.; Single-tenant, 2,925 SF retail space available.; Located at a signalized intersection in East Peoria's Levee District.
    Request Owner's contact information
    222 Camp 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
    222 Camp St East Peoria, IL 61611
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