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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2504 Rohmann Ave, West Peoria, IL 61604-5031

    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2546983
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jpc Property Investments LLC · 1 yrs held
    Jpc Property Investments LLC
    since 2024
    Last sale
    $130,000
    7 recorded transactions
    2025
    2025
    2024
    2024
    $130,000
    2020
    2011
    $200,000
    1997
    $228,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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