Property profile

108 Main St Elmwood, IL 61529

OFF-MARKET
Other commercial real estate
Property ID
US28-1178807
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A brick commercial building located in the TIF district on Elmwood’s Town Square, featuring large front display windows, extensive shelving, and countertops from its prior pharmacy use. The interior includes a lab area, a full bathroom, and a kitchenette, with a walkout lower level and a large, open upper level overlooking Central Park. There is energy-efficient interior lighting and an exterior vapor light. The building has a Generac generator capable of powering the entire building. The property had interior updates and components reported as new as of 2010, and it has six upper-level windows planned for installation; the upper level is without heat or air conditioning.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 11-08-301-021
UPID US28-1178807

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • General Contractor Renovation Specialist

Location

108 Main St Elmwood, IL 61529-7963
Elmwood metro Census 4000 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2010
$147,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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