Financial
Distress signals
Property profile

1219 W Main St Peoria, IL 61606

FOR SALE
Other commercial real estate
Property ID
US28-1200277
Last sale Aug 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial mixed-use building at 1219 W Main Street in Peoria, Illinois is configured with a restaurant space on the main level and two residential apartments on the upper level, allowing food service and residential rental use within the same structure. The building’s location is near Bradley University and along a heavily traveled area of the market. The property includes potential for vertical expansion (build-up) to increase usable area, subject to applicable approvals and zoning requirements.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$71k
Assessed land$16k
Assessed improvement$55k
Effective rate9.41%

Value estimate

· Sep 2026
$365k
$329k – $402k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$7k
Operating expenses−$29k
NOI · 13.72% cap applied$48k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$47 – $167

Cap rate analysis

How does the asset earn?
13.72%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPEORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.5
Dental Office22.3
Wholesale Shop20.6

Location

1219 W Main St Peoria, IL 61606
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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