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Property profile

200 Veterans Dr East Peoria, IL 61611

FOR SALE
Drive through restaurants
Saved · see the list in your Dashboard
Property ID
US28-1273231
1.04 ac Built 1978
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
200 Veterans Dr, East Peoria, IL 61611 For Sale 1 / 2
Contact for pricing
200 Veterans Dr, East Peoria, IL 61611
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$119k
Assessed land$83k
Assessed improvement$36k
Effective rate9.68%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 7.75% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$37 – $128

Cap rate analysis

How does the asset earn?
7.75%
$29k 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.

JurisdictionTAZEWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic9.6
Law Firm9.3
Tailor Shop9.2

Location

200 Veterans Dr East Peoria, IL 61611
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
245 Farmdale, East Peoria, IL 61611-3088 $260,000 Dec 2025 1,500 SF
200 Sunrise, East Peoria, IL 61611-1619 $170,000 Dec 2025 2,496 SF
3414 Mdw, East Peoria, IL 61611-6400 $90,000 Jul 2025 4,968 SF
2908 Springfield, East Peoria, IL 61611-4877 $600,000 May 2025 6,301 SF
100 Mdw, East Peoria, IL 61611-2804 $210,000 Apr 2025 2,400 SF
1508 Mdw, East Peoria, IL 61611-3014 $215,000 Apr 2025 2,280 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

Comparable nearby

  • Value Estimation by Request
    46,257 SF
    Main St
    Neighborhood centers
    0 Main St, East Peoria, IL 61611
    View Details
  • Value Estimation
    $315,000
    5,885 SF
    300 Washington St
    FINANCIAL BUILDING
    300 Washington St, East Peoria, IL 61611-2633
    View Details
  • Value Estimation
    $2,345,000
    24,457 SF
    2401 Main St, Unit 2519
    RETAIL STORES (PERSONAL SERVICES)
    2401 Main St, East Peoria, IL 61611-1785
    View Details
  • Value Estimation by Request
    11,475 SF
    103 River Rd
    Medical Office Space
    103 River Rd, East Peoria, IL 61611
    View Details
  • Value Estimation by Request
    15,000 SF
    416 Riverside Dr
    Lifestyle centers
    416 Riverside Dr, East Peoria, IL 61611
    View Details
  • Value Estimation by Request
    362 Washington St
    Office Spaces
    362 Washington St, East Peoria, IL 61611
    View Details

Similar Nearby for Sale

  • New
    $2,083,333
    510 SF
    Drive-Through Coffee Shop with NNN Lease
    Brand-new 7 Brew Coffee with a drive-thru and long-term NNN ground lease with approximately 10 years remaining.
    111 West Washington Street, East Peoria, IL 61611
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  • $449,000
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    Retail Building with Versatile Zoning
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  • New
    Contact for pricing
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  • Contact for pricing
    6,090 SF
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    Commercial space and an upper-level loft apartment support an integrated live-work configuration.
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  • Contact for pricing
    1,500 SF
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    Former QSR drive-thru building on a 1.06-acre lot with ample parking and strong visibility.
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  • $299,000
    Mixed-Use Building with Loft
    Washington Street property combines adaptable commercial space with an upper-level residential loft.
    113 E Washington St # 115, East Peoria, IL 61611
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Similar Nearby for Lease

  • New
    $3,000/Mo
    3,570 sqft
    Mixed-Use Property with Loft Apartment
    Two-level property combines street-facing commercial space, an upper loft residence, and owner-user flexibility.
    113 E Washington St # 115, East Peoria, IL 61611
    View Details
  • Contact for pricing
    3,570 sqft
    Retail Space with Display Windows
    A flexible street-level layout includes private rooms, tall ceilings and separate entrances.
    113 E Washington St, East Peoria, IL 61611
    View Details
  • New
    Contact for pricing
    3,570 sqft
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    The interior includes private rooms, tall ceilings, hardwood flooring, and plumbing left from a prior salon use.
    113-115 East Washington Street, East Peoria, IL 61611
    View Details
  • Contact for pricing
    2,400 sqft
    Freestanding Retail Building
    A single-tenant layout combines an open showroom with back-of-house storage and stated drive-through potential.
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    View Details
  • Contact for pricing
    1,117 sqft
    Endcap Retail Suite
    A broad window line brings natural light into this East Peoria retail space near Target and Costco.
    356-378 W Washington St, East Peoria, IL 61611
    View Details
  • $10 SF/Yr
    Established Shopping Center
    Located within the Peoria Metropolitan Area, the property serves a central Illinois commercial corridor with regional roadway access.
    2516 East Washington Street, East Peoria, IL 61611
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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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