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    Property profile & analytics
    OFF-MARKET Estimated value $1,000,000
    Commercial real estate

    4200 Sterling Ave, Peoria, IL 61615-3836

    2.78 ac lot
    Entity Owned Free & Clear
    Property ID
    US28-1145357
    Property summary
    AI-generated overview

    This exceptional 2.76-acre parcel, located at 4200 N Sterling Ave in Peoria, Illinois, presents a prime opportunity for retail development. The property is zoned for commercial use and offers significant potential for a single-tenant building. With its expansive lot size, this site provides ample space for a substantial retail structure, ample parking, and attractive landscaping. The address is conveniently situated within Peoria County, offering easy access to major roadways and a strong customer base. The property is currently available for lease, making it an ideal investment for businesses seeking a high-visibility location with significant growth potential. Utilities are available to the site, and the property is ready for immediate development. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a large, well-located parcel in a thriving commercial area. Serious inquiries only. The property is designated as retail and land, offering flexibility for various retail concepts. The single-tenant aspect ensures a streamlined leasing process and potential for long-term stability. Don't miss this chance to secure a prominent location in Peoria's dynamic commercial landscape. Contact us today to learn more about this exceptional opportunity. The zip code is 61613.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2.78 ac (121,097 SF)
    APN 14-30-201-021
    UPID US28-1145357
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.00M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.00M
    Owner & transaction history
    Raising Canes Restaurants LLC
    Raising Canes Restaurants LLC
    since 2025
    4 recorded transactions
    2025
    2024
    $1.0M
    2022
    2019
    $875,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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