Financial
Distress signals
Property profile

208 SW Center St Peoria, IL 61605

FOR LEASE
Other commercial real estate
Property ID
US28-1863429
Last sale Jan 2022 · $365,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 7,163-square-foot building zoned CN (Neighborhood Commercial), configured to support warehouse or storage use. The structure includes six oversized overhead doors for loading and access. The zoning and use restrictions prohibit automotive and industrial uses. The premises are designed to be combinable with the adjacent property at 1711 SW Adams.

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?
$5k
Tax billed · 2023
Assessed value$50k
Assessed land$8k
Assessed improvement$42k
Effective rate9.41%

Value estimate

· Sep 2026
$350k
$315k – $385k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$3k
Operating expenses−$18k
NOI · 1,077,400.00% cap applied$43k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$47 – $167

Cap rate analysis

How does the asset earn?
1,077,400.00%
$43k 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.

JurisdictionPEORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.7
Realty agency14.5
Spa & Massage11.5

Location

208 SW Center St Peoria, IL 61605
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
1421 Livingston, Peoria, IL 61605-3259 $95,750 Feb 2026 No data
210 Western, Peoria, IL 61605-1627 $650,000 Jan 2026 No data
907 Johnson, Peoria, IL 61605-2164 $165,000 Dec 2025 No data
1411 Laramie, Peoria, IL 61605-1305 $55,000 Dec 2025 No data
1000 Jefferson, Peoria, IL 61605-3906 $425,000 Oct 2025 No data
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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