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Property profile & analytics

320 Western Ave Peoria, IL 61604

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-5794228
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 320 Western Ave

Property type
Commercial real estate
APN
18-08-151-015
APU
1808151015

Description

This exceptional 3,775 square foot retail storefront, located at 320 & 328 N Western Ave in Peoria, Illinois, presents a compelling investment opportunity. Currently vacant, this property offers significant potential for a variety of retail uses. Situated on a highly visible corner lot in Peoria County (zip code 61604), the building benefits from excellent street frontage and ample onsite parking. The 0.11-acre lot provides convenient access for customers and employees. The building's previous use as a dry cleaning establishment suggests the presence of existing infrastructure suitable for similar businesses, although the fixtures and fittings are available separately. The asking price is $149,995. This property is ideal for an entrepreneur seeking a well-located, established space to launch or expand their business. Its prominent location and substantial square footage make it a rare find in the Peoria market. The property's vacant status allows for immediate occupancy and customization to suit the buyer's specific needs. Serious inquiries are encouraged to explore this promising retail investment. The property's coordinates are 40.691896 latitude and -89.622684 longitude.

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
-89.6227
Latitude
40.6919
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
$590
$6,270
$0.00
$6,270
-
$18,810
$0.00
$18,810
More about this property
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