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    125 Thunderbird Ln East Peoria, IL 61611

    • Warehouses
    • 9,666 SF
    • 4.38 lot acres
    For Lease
    View listing
    $5 SF/Yr
    Value Estimation
    $5,390,000
    Last Sale
    May 18, 2022
    $6,800,000
    Location Intelligence
    Property ID
    US28-2348963
    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

    • Warehouses

    Property Details for 125 Thunderbird Ln

    Year built
    1998
    Lot size
    4.38 lot acres
    Property size
    9,666 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    01-01-14-100-010
    APU
    10114100010

    Description

    This exceptional East Peoria industrial property offers six available spaces, perfect for a variety of businesses. Located conveniently off Route 116/Caterpillar Trail, near the McCluggage Bridge, this Class B building provides easy access to major transportation routes. The 15,000 square foot building is zoned I1 and features a shared loading dock with forklift access for efficient loading and unloading of trucks. Units range in size from 600 to 5,480 square feet, catering to diverse operational needs. Tenants benefit from heavy electrical power and high ceilings, enhancing productivity and flexibility. Furthermore, a common forklift and scissor lift are available at no additional cost, significantly reducing operational expenses. This multi-tenant property, situated in Tazewell County, presents a compelling opportunity for businesses seeking functional and well-located industrial space. The shared amenities and convenient location make this an ideal choice for companies seeking efficiency and accessibility. The property's strategic location and robust infrastructure ensure seamless operations and contribute to a positive business environment. Contact us today to learn more about the available units and lease terms.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,925,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,455,000
      6.5%
      $6,455,000
      7%
      $6,600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,970,000
      Geo Method
      $6,740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,720,000
      Retail
      $6,030,000
      Mixed-Use
      $6,295,000
      Hospitality
      $6,990,000
      Educational
      $6,380,000
      Residential Income
      $7,655,000
      Energy
      $7,710,000
      Income-Based Land
      $5,915,000
      Food Service
      $6,940,000

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5361
    Latitude
    40.7125
    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
    $28,405
    $42,080
    $255,730
    $297,810
    -
    $126,240
    $767,190
    $893,430

    Comparable in this City

    • Value Estimation by Request
      23,592 SF

      102 Gardena Ave

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      View Details
    • Value Estimation
      $325,000
      3,000 SF

      2811-2813 Main St

      MINI-WAREHOUSE, STORAGE • 3,000 SF
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    • Value Estimation by Request
      560 SF

      1114 Cole St

      MINI-WAREHOUSE, STORAGE • 560 SF
      1114 Cole St, East Peoria, IL 61611
      View Details
    • Value Estimation
      $385,000
      1,576 SF

      Illinois St

      MINI-WAREHOUSE, STORAGE • 1,576 SF
      Illinois St, East Peoria, IL 61611
      View Details
    • Value Estimation
      $340,000
      400 SF

      Edgewater Dr Ofc Of

      MINI-WAREHOUSE, STORAGE • 400 SF
      Edgewater Dr Ofc Of, East Peoria, IL 61611
      View Details
    • Value Estimation
      $1,085,000
      13,580 SF

      500 Pinecrest Dr

      MINI-WAREHOUSE, STORAGE • 13,580 SF
      500 Pinecrest Dr, East Peoria, IL 61611-4862
      View Details

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    Similar Nearby for Lease

    • $5 SF/Yr
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      East Peoria Industrial Spaces Available

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      125 Thunderbird Ln, East Peoria, IL 61611
      View Details
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    • Contact for pricing
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    125 Thunderbird Ln
    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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