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Property profile & analytics

2627 Sheridan Rd Peoria, IL 61604-2763

  • Commercial real estate
OFF-MARKET
Last Sale
Jan 16, 2024
$75,000
Value Estimations
$75,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1285610
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Trico Business Solutions / Business Management Consultant / Computer Support And Services
  • Peoria's Best Businesses / Internet Marketing Service
  • Trico IT Solutions / Software Company
  • Dank Bank LLC / Clothing Store

Property Details for 2627 Sheridan Rd

Property type
Commercial real estate
APN
14-32-279-010
APU
1432279010

Description

This 4,535 sq ft building in Peoria, IL, offers a high-visibility storefront at a lighted intersection. The property includes 3,735 sq ft of main floor space featuring original wood floors, 800 sq ft of upper-level office space, and a full unfinished basement for storage. A rear commercial double-door entrance is ideal for deliveries. The sale also includes an adjacent parcel providing paved parking. Built in 1920, this single-story building sits on a 0.09-acre lot and is zoned ST (Sheridan Triangle Form District). Permitted uses include most commercial categories (excluding certain exceptions as defined in Section 5.6 of the municipal code) and civic uses (excluding passenger terminals, solar facilities, and social service institutions). The property is located within Peoria Urban Enterprise Zone #8 (PUEZ #8), potentially offering sales tax exemptions and property tax abatements. The asking price is $160,000 ($35.28/sq ft). The building is currently vacant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $75,000
    ML approach
    $75,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6035
Latitude
40.7199
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$900
$5,280
$4,290
$9,570
-
$15,840
$12,870
$28,710
More about this property
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