0 Main St, East Peoria, IL 61611
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.