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    Property profile & analytics
    OFF-MARKET Estimated value $2,635,000
    Commercial land

    2500 Main St, East Peoria, IL 61611-1787

    1.19 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-1727803
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Peoria Land Company LLC · 2 yrs held
    Peoria Land Company LLC
    since 2024
    Last sale
    $2.6M
    7 recorded transactions
    2024
    $2.6M
    2019
    2018
    2010
    2009
    2000
    1998
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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