Property profile

1520 Mdw Ave East Peoria, IL 61611

OFF-MARKET
Retail space
Property ID
US28-4875136
9,368 SF 2 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Total area 9,368 SF
Lot 2 ac (87,120 SF)
APN 01-01-35-305-005
UPID US28-4875136

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
  • Postal Service Courier Service
  • Discount Store
  • Bank Credit Union

Location

1520 Mdw Ave East Peoria, IL 61611-3009
East Peoria metro Census 20301 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$717k
Blend (final) Blend
$395k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
2017
$212,500
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $810,000 +44.9%
Auto repair, garage $795,000 +42.0%
Restaurant $660,000 +18.2%

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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