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Property profile & analytics

1411 Adams St Peoria, IL 61603

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-0084964
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1411 Adams St

Property type
Commercial real estate
APN
18-03-401-023
APU
1803401023

Description

This exceptional 1930s-era commercial property, located at 1411 NE Adams Street in Peoria, Illinois, presents a unique investment opportunity. The vacant building offers street-level retail or office space, ideal for owner-operators seeking a prominent downtown location. The property is zoned for commercial use and includes a single building situated on a land parcel in the heart of Peoria, zip code 61603. The asking price is $125,000. Given its prime location and historic character, this property is well-suited for a variety of commercial ventures. The building's age offers the potential for adaptive reuse, allowing for creative design and customization to suit a specific business model. The property's vacant status provides immediate occupancy, eliminating the need for tenant negotiations or leasehold improvements. This presents a significant advantage for buyers seeking a quick start to their business operations. The property's location in Peoria, IL, offers access to a thriving local market and a strong regional economy. This is an excellent opportunity to acquire a well-positioned commercial property in a desirable downtown area. Serious inquiries are encouraged to explore the potential of this unique investment. The property is also listed under a separate identifier, PA1238459.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.5736
Latitude
40.7024
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,650
$5,000
$12,540
$17,540
-
$15,000
$37,620
$52,620
More about this property
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