Financial
Distress signals
Property profile

1985 Freedom Pkwy Washington, IL 61571

OFF-MARKET
Commercial real estate
Property ID
US28-1557317
8,750 SF 1.57 ac lot Built 2017
Last sale Nov 2022 · $1,359,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,000-square-foot Dollar Tree storefront in Washington, Illinois, a thriving Peoria suburb. Located on a 1.5-acre lot at 1985 Freedom Pkwy, 61571, this property boasts a prime location, situated on the pad of Menard's and adjacent to Aldi, with excellent visibility along McClugage Road (Bus. 24 Hwy) and across from a Walmart Supercenter. Built in 2017, the building is currently 100% occupied under a triple-net (NNN) lease with approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$30k
Tax billed · 2023
Assessed value$338k
Assessed land$118k
Assessed improvement$219k
Effective rate8.97%

Value estimate

· Sep 2026
$335k
$302k – $369k
CAP approach$890k
Submarket $/SF estimate$1.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$28 – $127

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionTAZEWELL

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 agency14.0
Wholesale Shop9.8
Hair Salon9.8

Location

1985 Freedom Pkwy Washington, IL 61571-9468
County assessor Recorded deeds · 5 transfers Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2349 Washington, Washington, IL 61571-1886 $265,000 Feb 2025 4,822 SF
2409 Washington, Washington, IL 61571-1764 $235,000 Nov 2024 2,892 SF
331 Zinser, Washington, IL 61571-2450 $70,000 Oct 2023 2,592 SF
2438 Washington, Washington, IL 61571-1773 $60,000 Jun 2023 2,038 SF
106 Smt, Washington, IL 61571-1882 $450,000 May 2022 5,637 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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