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Property profile & analytics

1409 Jefferson Ave Peoria, IL 61605

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1184228
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

  • Vachon Brake Service and Parts / Auto Repair Shop

Property Details for 1409 Jefferson Ave

Property type
Commercial real estate
APN
18-08-480-004
APU
1808480004

Description

This exceptional 9,060-square-foot industrial warehouse, located at 1409 SW Jefferson Avenue in Peoria, Illinois, presents a compelling investment opportunity. Built in 1941, this single-story brick building sits on a 0.21-acre lot zoned CN Neighborhood Commercial. The property features seven 12' x 11' and 12' x 13' dock-high doors, providing ample access for loading and unloading. Inside, you'll find 14+ foot ceilings, multiple restrooms, storage rooms, and offices, enhancing functionality and versatility. The building is equipped with four overhead heaters and three-phase electric, ensuring a comfortable and efficient workspace. A significant advantage is the presence of a revenue-generating billboard on a portion of the property, with a renewal contract pending. Furthermore, the sale includes optional equipment suitable for brake service, including lifts, wheel balancing and alignment tools, and drive shaft and engine balancing equipment. This property is ideal for owner-users seeking a well-maintained, strategically located industrial space with added income potential. The property's central location in Peoria, on the corner of SW Jefferson Avenue and N McArthur Highway, offers excellent visibility and accessibility. This is a rare opportunity to acquire a versatile and profitable industrial property in a thriving market.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6071
Latitude
40.6828
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
$4,111
$12,630
$31,060
$43,690
-
$37,890
$93,180
$131,070
More about this property
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