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    2522 Eugenie Ave Peoria, IL 61614

    Sponsored
    For Sale
    $399,900

    Prime Office Space, 14,256 SF, 3.8 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This well-maintained, two-story office building offers 14,256 square feet of versatile space situated on a substantial 3.8-acre lot. Boasting over 250 feet of frontage on Lincolnway East, this highly visible property enjoys a prominent location at the corner of US-33 and Shasta Drive, benefiting from high traffic counts (18,600 ADT). Its strategic placement directly across from Fidler Pond Park provides excellent visibility and accessibility. The building, constructed in 1969, presents a unique opportunity for a single corporate headquarters or can be easily divided to accommodate multiple smaller tenants. The property's location within a thriving commercial corridor, adjacent to a Holiday Inn Express and numerous national and local retailers, ensures convenient access to amenities and a strong customer base. The property's Assessed Parcel Number (APN) is 20-11-15-426-035.000-015. Currently configured for multiple tenants, this property offers significant potential for a variety of uses and represents a compelling investment opportunity in a desirable location. The building's size and prominent location make it an ideal choice for businesses seeking high visibility and ample space. The expansive acreage provides ample parking and potential for future expansion.

    Property Features for 2522 Eugenie Ave

    General Information

    Property type
    Land
    Lot Size
    87,991 SF

    HighLights

    • 14,256 SF two‑story office building on 3.8 acres.
    • One suite currently available.
    • Located on the corner of US‑33 and Shasta Drive, offering high visibility.
    • High traffic count (18,600 ADT) across from Fidler Pond Park.
    • Located in a commercial corridor with national retailers near a Holiday Inn Express.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency 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
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.633121
    Latitude
    40.744673

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    FAQs

    What type of property is this?
    Land - Prime Office Space, 14,256 SF, 3.8 Acres
    Where is this land located?
    The property is located at 2522 Eugenie Ave Peoria, IL.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: 14,256 SF two-story office building on 3.8 acres.; One suite currently available.; Located on the corner of US-33 and Shasta Drive, offering high visibility.
    Request Owner's contact information
    2522 Eugenie Ave Peoria, IL 61614
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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
    2522 Eugenie Ave Peoria, IL 61614
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