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    3000 Main St East Peoria, IL 61611

    • Office Properties & Spaces
    • 8,378 SF
    • 0.68 lot acres
    For Sale
    View listing
    $999,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-0961481
    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

    • Office Properties & Spaces

    Property Details for 3000 Main St

    Year built
    1998
    Lot size
    0.68 lot acres
    Property size
    8,378 SF
    Property type
    Office Properties & Spaces
    APN
    01-01-23-101-039
    APU
    10123101039

    Description

    This exceptional investment opportunity presents a fully leased, multi-tenant office complex situated at 3000-3004 N Main St, East Peoria, IL 61611. The property encompasses 8,378 square feet across three units within two single-story buildings, constructed in 1998. The building boasts a desirable B3 zoning classification and ample parking with 35 spaces on a 1.43-acre lot featuring a 6-inch poured concrete surface. Currently operating at 100% occupancy, the property generates a strong NOI of $51,268, translating to a compelling 7.65% cap rate. The asking price is $999,000, representing a price per square foot of $119.24. Tenants include Physicians Mutual (3,441 sq ft), JBN Title (1,496 sq ft), and a dental lab (3,441 sq ft plus a 324 sq ft garage with an 8-foot overhead door). The property is offered as an owner/user investment with a NNN lease structure. This prime location on Main Street in East Peoria offers excellent visibility and accessibility. The property's strong tenant base, high occupancy rate, and attractive financial metrics make it an ideal investment for discerning buyers seeking a stable and profitable commercial real estate asset.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $325,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $325,000
      Mixed-Use
      $340,000
      Hospitality
      $390,000
      Educational
      $320,000
      Residential Income
      $335,000
      Energy
      $320,000
      Income-Based Land
      $365,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5375
    Latitude
    40.6998
    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
    $17,076
    $15,510
    $163,520
    $179,030
    -
    $46,530
    $490,560
    $537,090

    Comparable in this City

    • Value Estimation
      $670,000
      6,744 SF

      2400 Main St

      OFFICE (GENERAL) • 6,744 SF
      2400 Main St, East Peoria, IL 61611-1735
      View Details
    • Value Estimation
      $110,000
      1,710 SF

      141 Catherine St

      OFFICE (GENERAL) • 1,710 SF
      141 Catherine St, East Peoria, IL 61611-2978
      View Details
    • Value Estimation
      $435,000
      5,380 SF

      410 Main St

      OFFICE (GENERAL) • 5,380 SF
      410 Main St, East Peoria, IL 61611-2018
      View Details
    • Value Estimation
      $1,375,000
      5,380 SF

      430 Main St

      OFFICE (GENERAL) • 5,380 SF
      430 Main St, East Peoria, IL 61611-2018
      View Details
    • Value Estimation
      $615,000
      9,420 SF

      1010 Eastgate Dr

      OFFICE (GENERAL) • 9,420 SF
      1010 Eastgate Dr, East Peoria, IL 61611
      View Details
    • Value Estimation
      $310,000
      888 SF

      1900 Mdw Ave

      OFFICE (GENERAL) • 888 SF
      1900 Mdw Ave, East Peoria, IL 61611-3633
      View Details

    Similar Nearby for Sale

    • $239,900

      1100 E WASHINGTON Street

      Office Properties & Spaces
      1100 Washington St, East Peoria, IL 61611
      View Details
    • $999,000
      8,378 SF

      East Peoria Office Complex

      Multi-Tenant Office Building, High Occupancy
      3000 Main St, East Peoria, IL 61611
      View Details
    • $350,000
      16,972 SF

      Downtown Peoria Multi-Use Commercial Property

      Multi-use commercial property with restaurant in downtown Peoria.
      313 Main St, Peoria, IL 61611
      View Details
    • $888,624
      2.55 Acres

      Prime East Peoria Commercial Land

      2.55 Acres, Redevelopment Opportunity
      116 Spring Bay Rd, East Peoria, IL 61611
      View Details
    • $264,900

      East Peoria Multi-Family Land

      3.75-Acre R-4 Zoned Lot, Great Location
      015 Harris Rd, East Peoria, IL 61611
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      2,409 SF

      East Peoria Office Space For Lease

      Prime East Peoria Office Building, 4,580 sq ft
      420 Main St, East Peoria, IL 61611
      View Details
    • $12 SF/Yr
      32,094 SF

      East Peoria Commercial Spaces

      High-visibility retail/office suites.
      2400-2519 Main St, East Peoria, IL 61611
      View Details
    • $22 SF/Yr
      6,320 SF

      Prime East Peoria Commercial Land

      6,320 sq ft, Single Tenant, Class A
      314 Washington St, East Peoria, IL 61611
      View Details
    • $15 SF/Yr
      11,880 SF

      Prime East Peoria Retail Space

      2,925 SF Single-Tenant Retail Opportunity
      222 Camp St, East Peoria, IL 61611
      View Details
    • $6 SF/Yr
      49,540 SF

      215 Taylor St

      Distribution properties • 49,540 SF
      215 Taylor St, East Peoria, IL 61611
      View Details
    • $22 SF/Yr
      26,850 SF

      East Peoria Office Space For Lease

      Prime East Peoria Office: 4,580 sq ft available
      420 Main St, East Peoria, IL 61611
      View Details
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    3000 Main St
    East Peoria, IL 61611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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