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Property profile & analytics

1014 Sheridan Rd Peoria, IL 61606

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-2116645
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

  • Josie's Beauty Salon & Barber Shop / Hair Salon / Beauty Salon

Property Details for 1014 Sheridan Rd

Property type
Commercial real estate
APN
18-04-303-004
APU
1804303004

Description

This exceptional investment opportunity presents a vacant, 844-square-foot commercial building ideally situated in Peoria, Illinois, at 1014 N Sheridan Rd, zip code 61606. The property, built in 1920, is a single-story structure encompassing one unit on a 0.17-acre lot zoned COMM. Previously utilized as a salon and an insurance agency, this versatile space is perfect for a variety of businesses. The main level offers 844 square feet of net rentable area, complemented by a full, unfinished basement providing ample potential for expansion or storage. A significant advantage is the inclusion of an adjacent parcel, enhancing parking availability for the property. Recent improvements include the installation of new windows throughout the building and a roof replacement completed in 2017, ensuring low maintenance costs for the new owner. The building's location near the intersection of Sheridan Road and Main Street offers excellent visibility and accessibility. This owner-user opportunity is priced at $55,000. Don't miss this chance to acquire a well-maintained, conveniently located commercial property in a thriving Peoria neighborhood.

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
-89.6033
Latitude
40.7004
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
$1,481
$7,590
$8,150
$15,740
-
$22,770
$24,450
$47,220
More about this property
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