Property profile & analytics
2028 Adams St Peoria, IL 61602
- Commercial real estate
Location Intelligence
Property ID
US28-1337877
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
- A1Inc / Music Publisher
- Studio 61 Recording Studio / Corporate Office
Property Details for 2028 Adams St
- Property type
- Commercial real estate
- APN
- 18-17-255-001
- APU
- 1817255001
Description
This versatile Peoria, IL commercial property at 2028 SW Adams Street offers a unique investment opportunity. The 7,450 square foot building sits on a 0.28-acre lot and comprises several income-generating components. A street-level storefront provides retail space, while three apartments above contribute significantly to the rental income. The apartments boast a newer roof. Apartment #1, occupied by the resident manager, pays $370 per month and covers dumpster and water expenses. Apartment #2 generates $475 per month, and Apartment #3 brings in $420 per month (tenant pays their own electricity). A separate building houses nine band rooms, one of which includes a recording studio
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.612
- Latitude
- 40.6766
- 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
$2,741
$9,620
$19,510
$29,130
-
$28,860
$58,530
$87,390
