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    215 Taylor St East Peoria, IL 61611

    • Flex space
    • 49,540 SF
    • 1.67 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $660,000
    Last Sale
    Feb 24, 2022
    $850,000
    Location Intelligence
    Property ID
    US28-1698257
    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

    • Flex space

    Property Details for 215 Taylor St

    Year built
    1965
    Lot size
    1.67 lot acres
    Property size
    49,540 SF
    Property type
    Flex space
    APN
    01-01-33-309-001
    APU
    10133309001

    Description

    This exceptional industrial property in East Peoria, Illinois, offers 36,000 square feet of warehouse space available for lease. The building is ideally suited for various industrial uses, including warehouse, distribution, and manufacturing operations. Multiple tenancy options are available, with a minimum leasable space of 10,000 square feet. The property features convenient access with two loading docks and two drive-in doors, ensuring efficient loading and unloading of goods. The warehouse boasts 480-volt, three-phase power, catering to the needs of businesses requiring substantial electrical capacity. The space is secure, heated, and equipped with a sprinkler system, providing a safe and comfortable working environment. Located at 215 Taylor St, East Peoria, IL 61611, this property offers a strategic location for businesses seeking efficient logistics and distribution capabilities within the region. The property is perfect for short-term or long-term storage and distribution needs. Contact us today to learn more about leasing opportunities and pricing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $850,000
      7%
      $755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $785,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $955,000
      Retail
      $730,000
      Mixed-Use
      $940,000
      Hospitality
      $945,000
      Educational
      $725,000
      Residential Income
      $710,000
      Energy
      $950,000
      Income-Based Land
      $970,000
      Food Service
      $760,000

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5765
    Latitude
    40.6656
    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
    $13,683
    $79,480
    $61,870
    $141,350
    -
    $238,440
    $185,610
    $424,050

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    • Value Estimation
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      7,790 SF

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      LIGHT INDUSTRIAL • 7,790 SF
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      View Details

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      View Details
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    215 Taylor 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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