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Property profile & analytics

703 Jefferson Ave Peoria, IL 61603

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-2427911
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 703 Jefferson Ave

Property type
Commercial real estate
APN
18-03-353-009
APU
1803353009

Description

This exceptional commercial property located at 703 NE Jefferson Avenue presents a unique investment opportunity. The 7,000 square foot site is zoned for commercial use (Comm), offering significant flexibility for a variety of businesses. The property's designation as both commercial and flex space allows for diverse operational configurations, catering to a wide range of potential tenants. Currently occupied by a single tenant, this presents a stable income stream for investors. The property's land classification provides ample space for expansion or redevelopment, depending on future business needs. The parcel number is 18-03-353-009, facilitating easy identification and verification of ownership and zoning details. This single-suite building offers a streamlined management approach, minimizing operational complexities. The property's location on Jefferson Avenue offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The versatile nature of this property, combined with its strategic location and existing tenancy, makes it an ideal investment for those seeking a strong return on investment with potential for future growth. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential. Contact us today to learn more about this exceptional offering.

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
-89.5833
Latitude
40.6979
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
$3,254
$10,130
$24,460
$34,590
-
$30,390
$73,380
$103,770
More about this property
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