Property profile

1620 Chanute Rd Peoria, IL 61615

OFF-MARKET
Other industrial properties
Property ID
US28-2124804
2.57 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an industrial facility offering a total of 107,496 square feet in Peoria, Illinois, featuring a large on-site parking lot with direct access to the units. The buildings are sprinklered and provide 3-phase/300-amp power in each building. There is contiguous space at 1620 Chanute totaling approximately 64,230 square feet, including Suite A/B with 43,866 square feet and 3 loading docks, and Suite C with 33,990 square feet and 7 loading docks. At 1616 Chanute, contiguous space totals approximately 43,266 square feet, including Suite B with 12,504 square feet and 2 loading docks, and Suite C with 30,240 square feet and 3 loading docks. The premises are designed to be divisible and can be expanded to accommodate varying space needs.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 2.57 ac (111,949 SF)
APN 14-05-151-006
UPID US28-2124804

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
  • Big Box & Wholesale Store
  • Big Box & Wholesale Store

Location

1620 Chanute Rd Peoria, IL 61615-1668
Peoria metro Census 3403 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2025
7 recorded transactions
2025
$5.1M
2024
Price N/A
2024
Price N/A
2024
Price N/A
2019
$3.1M
2017
Price N/A
1969
Price N/A

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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