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    Pinecrest And Muller Rd East Peoria, IL 61611

    Sponsored
    For Sale
    Contact for pricing

    14-35 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional commercial land opportunity in East Peoria, Illinois, at the corner of Pinecrest and Muller Roads. One 14-acre parcel remains, featuring farmland with a 4,050 sq. ft. pole barn (45' x 90'). This lot offers frontage on both Pinecrest and Muller Roads and is directly across from Central Pool Supply. The sale price is $40,000 per acre. Previously available was a 35-acre parcel of partially tillable cropland, bordering WEEK TV Station and Raintree Apartment Complex, with Muller Road frontage. This lot is now pending sale at $27,000 per acre. The area boasts strong commercial presence, including Kuna Food Service, Central Pool Supply, UAW, WEEK TV Station, and Iron Mountain. This presents a unique chance to acquire land in a thriving commercial zone with excellent visibility and access. The property is located in Tazewell County, Illinois, zip code 61611. The acreage is approximate.

    Property Features for 0 Pinecrest And Muller Rd

    General Information

    Property type
    Land
    Lot Size
    609,840 SF

    HighLights

    • 14± acre farmland, 4,050 sq. ft. pole barn, Pinecrest & Muller Road frontage, $40,000/acre.
    • 35± acre partially tillable cropland, adjacent to WEEK TV Station & Raintree Apartments, Muller Road frontage, $27,000/acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.541269164437
    Latitude
    40.62718446564

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    FAQs

    What type of property is this?
    Land - 14-35 Acres, Prime Location
    Where is this land located?
    The property is located at Pinecrest And Muller Rd East Peoria, IL.
    What are key features of this property?
    This property features: 14± acre farmland, 4,050 sq. ft. pole barn, Pinecrest & Muller Road frontage, $40,000/acre.; 35± acre partially tillable cropland, adjacent to WEEK TV Station & Raintree Apartments, Muller Road frontage, $27,000/acre.;
    Request Owner's contact information
    Pinecrest And Muller 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
    Pinecrest And Muller Rd East Peoria, IL 61611
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