Property profile

2500 Main St East Peoria, IL 61611

OFF-MARKET
Commercial land
Property ID
US28-1727803
1.19 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 3,122 square foot flex space, located at 2500 N Main St Ste 1 in Peoria, IL, offers immediate occupancy. Built in 1960, the property features convenient access to at least eight on-site parking spaces, with a total of twelve spaces available. The unit is an end cap, situated at the south end of the building, providing excellent visibility. Enjoy an Illinois River view from this single-tenant space. On-site building management ensures efficient operations. The majority of the building is occupied by Amcon Distributing, providing a stable and established presence within the building. The property's APN is 01-23-300-010. This space is ideal for a variety of businesses seeking a well-maintained, conveniently located office or flex space with ample parking. The total building square footage is 3,900 square feet. The property is classified as an office space with a flex subtype.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.19 ac (51,836 SF)
APN 01-01-23-300-019
UPID US28-1727803

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
  • Factory Industrial Manufacturer
  • Alternative Medicine Practice
  • Family Counselor Doctor
  • Landscaping Garden Center
  • General Contractor Construction Company

Location

2500 Main St East Peoria, IL 61611-1787
East Peoria metro Census 21202 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.64M

Owner & transaction history

since 2024
Last sale
$2.6M
7 recorded transactions
2024
$2.6M
2019
Price N/A
2018
Price N/A
2010
Price N/A
2009
Price N/A
2000
Price N/A
1998
Price N/A

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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