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Property profile & analytics
OFF-MARKET
Warehouses

3900 Main St East Peoria, IL 61611

246,985 SF 5.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.67-acre commercial and warehouse property, located at 3900 N Main Street in East Peoria, Illinois (zip code 61611), presents a unique investment opportunity. Boasting a substantial 246,985 square feet, this M-1 zoned lot enjoys high visibility due to its strategic location near the intersection of Route 116, Highway 24, and Highway 150. The property is conveniently accessed via Access Road 6 and sits between Serenity Assisted Living and EnergyHome Insulation, providing excellent proximity to established businesses. The site is ready for immediate grading and commercial development, making it ideal for a variety of uses. Existing plans for a fully entitled self-storage development are available for review, offering a clear path to immediate construction. This prime location within East Peoria's thriving business and industrial corridor presents significant potential for investors seeking a high-impact commercial venture. The asking price for this exceptional property is $899,000. Don't miss this chance to acquire a highly visible and well-situated commercial property in a rapidly growing area.

Property profile
Verified
Property type Warehouses
Total area 246,985 SF
Lot 5.67 ac (246,985 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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