Financial
Distress signals
Property profile

2521 War Memorial Dr Peoria, IL 61615

OFF-MARKET
Commercial real estate
Property ID
US28-1392614
Last sale Apr 2024 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 23,900-square-foot multi-tenant retail and office building is situated on a 1.53-acre lot at the high-traffic intersection of War Memorial Drive, Sterling Avenue, and Glen Avenue in Peoria, Illinois. The property, built in 1960 and classified as Class B, features a single, one-story building with 61 parking spaces. Currently zoned C1, it offers a variety of potential uses. A recent renovation (2017) included an upgraded façade and a new paved parking lot, resealed in 2023. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value$342k
Assessed land$179k
Assessed improvement$164k
Effective rate9.41%

Value estimate

· Sep 2026
$1.65M
$1.49M – $1.82M
AI approach$1.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$47 – $167

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPEORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.7
Law Firm13.5
HVAC Service12.9

Location

2521 War Memorial Dr Peoria, IL 61615-3500
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9123 Radnor Rd, Peoria, IL 61615-7609 $375,000 Feb 2026 No data
7411 Grand Pr Dr, Peoria, IL 61615-9328 $525,000 Dec 2025 No data
1722 Chanute, Peoria, IL 61615-1607 $565,000 Dec 2025 No data
6625 Big Holw, Peoria, IL 61615-2458 $7,750,000 Dec 2025 No data
9807 Allen, Peoria, IL 61615 $1,645,000 Dec 2025 No data
1101 Bird Blvd, Peoria, IL 61615-1401 $1,951,248 Oct 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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