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Property profile & analytics

7022 Middle Rd Peoria, IL 61607

  • Commercial real estate
  • 2.00 lot acres
Value Estimation
Location Intelligence
Property ID
US28-1175301
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 7022 Middle Rd

Lot size
2.00 lot acres
Property type
Commercial real estate
APN
17-16-400-001
APU
1716400001

Description

This exceptional ±88,145 square foot facility at the General Wayne A. Downing Peoria International Airport presents a unique investment opportunity. The property boasts two ±36,005 square foot hangar bays, providing ample space for aircraft storage and maintenance. In addition to the hangar space, the facility includes approximately ±10,321 square feet of combined office, conference, break, and shop space, catering to the needs of a diverse aviation operation. A convenient ±5,814 square foot parking garage ensures ample parking for staff and visitors. Further enhancing its appeal, the property includes approximately ±110,000 square feet of private ramp space, providing direct access to the airfield. The facility is equipped with two fuel cabinets, each containing two 20,000-gallon in-ground tanks, offering significant fuel storage capacity. This single-tenant property is ideally suited for private flight departments, MROs, FBOs, aircraft service centers, or aviation manufacturing companies seeking a high-quality, well-equipped facility in a competitive market. The property is available for sale or lease, presenting a compelling opportunity for businesses seeking to establish or expand their aviation operations in a strategic location. This is a rare opportunity to acquire a substantial and well-appointed aviation facility at a potentially advantageous price point.

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
-89.7046
Latitude
40.6739
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
$241,641
$41,330
$2,756,760
$2,798,090
-
$123,990
$8,270,280
$8,394,270
More about this property
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