Property summary
Fondulac Plaza, a Class B shopping center in East Peoria, Illinois, offers exceptional retail and restaurant opportunities. This single-story, 86,224 square foot building sits on a 9.1-acre lot and boasts five separate entrances for optimal customer access and high roadside visibility. Currently, there are four available spaces ranging from 1,618 to 7,210 square feet, perfect for a variety of businesses. The property is zoned B3 and was built in 1979. Its prime location on East Washington Street in Tazewell County benefits from an average daily traffic count of 20,000 vehicles. Strong anchor tenants, including Big Lots, Dollar General, and Fondulac Community Bank, provide a robust and established customer base. Furthermore, a build-to-suit pad site of 0.74 acres is available for sale or lease, presenting an excellent opportunity for expansion or customized development. This property offers a unique blend of existing retail space and development potential in a high-traffic location, making it an ideal investment for discerning businesses. The property address is 2400 E Washington St, East Peoria, IL 61611.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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