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    125 Thunderbird Ln East Peoria, IL 61611

    Sponsored
    For Lease
    $5 SF/Yr ($6,875 /Mo)

    Six flex/warehouse units, 600-5480 sq ft

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional East Peoria industrial property offers six available spaces, perfect for a variety of businesses. Located conveniently off Route 116/Caterpillar Trail, near the McCluggage Bridge, this Class B building provides easy access to major transportation routes. The 15,000 square foot building is zoned I1 and features a shared loading dock with forklift access for efficient loading and unloading of trucks. Units range in size from 600 to 5,480 square feet, catering to diverse operational needs. Tenants benefit from heavy electrical power and high ceilings, enhancing productivity and flexibility. Furthermore, a common forklift and scissor lift are available at no additional cost, significantly reducing operational expenses. This multi-tenant property, situated in Tazewell County, presents a compelling opportunity for businesses seeking functional and well-located industrial space. The shared amenities and convenient location make this an ideal choice for companies seeking efficiency and accessibility. The property's strategic location and robust infrastructure ensure seamless operations and contribute to a positive business environment. Contact us today to learn more about the available units and lease terms.

    Property Features for 125 Thunderbird Ln

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    B
    Total Rate
    6875

    Unit(s) available at that property

    Space
    Unit 159
    Size
    3,000 SF
    Rate per SF
    $5
    Space
    Unit 153
    Size
    1,500 SF
    Rate per SF
    $6
    Space
    Unit 103
    Size
    600 SF
    Rate per SF
    $11
    Space
    Unit 203
    Size
    2,250 SF
    Rate per SF
    $5
    Space
    Unit 3
    Size
    5,480 SF
    Rate per SF
    $5
    Space
    Unit 157
    Size
    1,500 SF
    Rate per SF
    $6

    HighLights

    • 15,000 SF Industrial building in Tazewell County.
    • Multiple tenants in a Class B building.
    • Six flex/warehouse spaces available, ranging from 600 to 5,480 square feet.
    • Convenient East Peoria location near Rt. 116/Caterpillar Trail and the McCluggage Bridge.
    • Features shared loading dock, forklift, scissor lift, and heavy electrical power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Dental Office Building Supply Wholesale Shop Hotel & Motel Gym & Fitness Auto Repair Shop Auto Parts Store Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.535036058847
    Latitude
    40.712208947042

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    FAQs

    What type of property is this?
    Distribution property - Six flex/warehouse units, 600-5480 sq ft
    Where is this distribution property located?
    The property is located at 125 Thunderbird Ln East Peoria, IL.
    What is the lease rate?
    The lease rate is $5-$11 SF/Yr.
    What are key features of this property?
    This property features: 15,000 SF Industrial building in Tazewell County.; Multiple tenants in a Class B building.; Six flex/warehouse spaces available, ranging from 600 to 5,480 square feet.
    Request Owner's contact information
    125 Thunderbird Ln East Peoria, IL 61611
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    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
    125 Thunderbird Ln East Peoria, IL 61611
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