Property profile

0 Main St East Peoria, IL 61611

OFF-MARKET
Neighborhood centers
46,257 SF Built 1986
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Property summary

AI-generated overview

Community Plaza, located at 210-270 S Main St, East Peoria, IL 61611, presents a prime retail opportunity. This single-story, Class C strip center totals 46,257 square feet and features six suites, with one space currently available, ranging from 4,638 to 20,298 contiguous square feet. Built in 1986, the property sits on a 3.62-acre lot and offers ample parking with 181 spaces. Convenient ingress/egress is provided via Main Street and Washington Street access. The center enjoys a highly trafficked location in downtown East Peoria, benefiting from proximity to The Levee District, a vibrant mixed-use shopping center attracting over three million visitors annually. This location within the East Peoria submarket of Tazewell County places the property in the third largest metro area in Illinois, Peoria, a city situated on the Illinois River. The property's strategic location and substantial space make it an ideal investment for businesses seeking high visibility and convenient access for customers and employees. The available space offers flexibility for a variety of retail uses.

Property profile

Verified
Property type Neighborhood centers
Year built 1986
Total area 46,257 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St East Peoria, IL 61611
East Peoria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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