3900 Main St East Peoria, IL 61611
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.
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
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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.