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Property profile & analytics

403 Jefferson Ave Peoria, IL 61602

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-2531103
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

  • Become a Church Partner / Church
  • Peoria Area Chamber of Commerce / Chamber Of Commerce
  • Judge Jacob Gale House / Historical Landmark
  • Any Graphics Today / Graphic Designer
  • CEO Council / Association / Organization

Property Details for 403 Jefferson Ave

Property type
Commercial real estate
APN
18-09-229-002
APU
1809229002

Description

This exceptional 3,200-square-foot office space, located at 403 NE Jefferson Ave in Peoria, Illinois, presents a unique opportunity. Situated in the heart of downtown Peoria, this property offers convenient access to and from I-74, ensuring seamless commutes for employees and clients. The building boasts a rich history as the former residence of Peoria's fourth mayor, Jacob Gale, undergoing a meticulous restoration in 1990. Maintaining its traditional office layout across two floors, the building offers a blend of historical charm and modern functionality. The simple yet elegant design respects the building's heritage while providing a comfortable and efficient workspace. The property features a single-tenant occupancy, providing privacy and control. Adding to its appeal is the inclusion of free parking in an adjacent private lot, eliminating the hassle of finding street parking. This property is a rare find, combining historical significance with practical modern amenities in a prime downtown location. The property is located in Peoria County, Illinois, with a zip code of 61603. The building's size and location make it ideal for a variety of businesses seeking a prestigious and convenient address.

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
-89.5869
Latitude
40.6956
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
$11,208
$7,680
$111,440
$119,120
-
$23,040
$334,320
$357,360
More about this property
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