Property profile

2504 Rohmann Ave West Peoria, IL 61604

OFF-MARKET
Commercial real estate
Property ID
US28-2546983
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use property, located at 2504 W Rohmann Ave in West Peoria, Illinois, presents a compelling investment opportunity. The 4,284 square foot building, constructed in 1940, is classified as a Class B property and sits on a 0.26-acre lot. Currently configured as a storefront and warehouse, this single-story structure offers a versatile layout ideal for a variety of businesses. The main floor provides a largely open space, perfect for retail or showroom purposes, while a full basement offers ample storage capacity. Its strategic corner location at the intersection of Sterling and Rohmann Avenue benefits from significant daily traffic counts of 9,150 vehicles, ensuring high visibility and accessibility. The property is zoned B-1 General Business District, allowing for a range of commercial uses. The asking price is $149,000, translating to $34.78 per square foot. This presents a rare chance to acquire a well-situated, established commercial property in a thriving area of West Peoria, with the potential for immediate income generation or redevelopment. The property's existing tenant is a hardware store. The property's zip code is 61604.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 18-07-126-014
UPID US28-2546983

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2504 Rohmann Ave West Peoria, IL 61604-5031
West Peoria metro Census 4500 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2024
Last sale
$130,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2024
$130,000
2020
Price N/A
2011
$200,000
1997
$228,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2504 Rohmann Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message