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    416 Main St Peoria, IL 61602

    For Lease
    $16 SF/Yr
    Lot size:
    46,383 SF
    Added:
    Dec 11, 2024
    Days on Market:
    368

    Property Features for 416 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,383 SF
    Total Rate
    61844

    Unit(s) available at that property

    Space
    Suite 923
    Size
    1,316 SF
    Rate per SF
    $16
    Space
    Suite 917
    Size
    2,277 SF
    Rate per SF
    $16
    Space
    Suite 915
    Size
    4,046 SF
    Rate per SF
    $16
    Space
    Suite 815
    Size
    2,059 SF
    Rate per SF
    $16
    Space
    Suite 800
    Size
    1,750 SF
    Rate per SF
    $16
    Space
    Suite 719
    Size
    1,823 SF
    Rate per SF
    $16
    Space
    Suite 517
    Size
    526 SF
    Rate per SF
    $16
    Space
    Suite 500
    Size
    4,637 SF
    Rate per SF
    $16
    Space
    Suite 403
    Size
    1,252 SF
    Rate per SF
    $16
    Space
    Suite 717
    Size
    2,233 SF
    Rate per SF
    $16
    Space
    Suite 920
    Size
    311 SF
    Rate per SF
    $16
    Space
    Suite 409
    Size
    1,853 SF
    Rate per SF
    $16
    Space
    Suite 600
    Size
    7,014 SF
    Rate per SF
    $16
    Space
    Suite 1300
    Size
    1,150 SF
    Rate per SF
    $16

    HighLights

    • Turnkey space, custom‑designed to your specifications.
    • New electrical, HVAC, and lighting systems.
    • Adjacent parking deck with convenient skywalk access.
    • Multiple suites available, ranging from 311 SF to over 15,000 SF.
    • Fiber optic lines available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Casting Industry ... Steel Fabricator Walden Investigative Group ... Private Investigator Linda S, Groezinger, ... Family Law Attorney Mutual Medical Plans ... Insurance Agency Cassidy Timothy J Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm 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
    -89.5906941
    Latitude
    40.6932176

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    FAQs

    Where is this office property / space located?
    The property is located at 416 Main St Peoria, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Turnkey space, custom-designed to your specifications.; New electrical, HVAC, and lighting systems.; Adjacent parking deck with convenient skywalk access.
    Request Owner's contact information
    416 Main St Peoria, IL 61602
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    Peoria, IL 61602
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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
    416 Main St Peoria, IL 61602
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