Property profile

241 Altorfer Ln East Peoria, IL 61611

OFF-MARKET
Commercial real estate
Property ID
US28-2665865
16,884 SF 5 ac lot Built 1977
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 16,884 SF
Lot 5 ac (217,800 SF)
APN 01-01-28-300-005
UPID US28-2665865

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
  • Trucking Company

Location

241 Altorfer Ln East Peoria, IL 61611-2038
East Peoria metro Census 20100 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.69M
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$425k

Owner & transaction history

since 2016
2 recorded transactions
2016
$2.2M
2000
$1.5M

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.6M +78.9%

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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