300 Mdw Ave, East Peoria, IL 61611-2808
This exceptional 79,900 dollar commercial land parcel is situated at 300 Meadow Avenue in East Peoria, Illinois, zip code 61611. The property consists of one building on a lot ideally located in Tazewell County. Its classification includes both land and office space, making it suitable for a variety of commercial ventures. The precise dimensions and acreage of the land are not specified in the provided information. However, the asking price of $79,900 presents a compelling investment opportunity for developers or businesses seeking a strategic location in East Peoria. The property's address is easily accessible, offering convenient access to local amenities and transportation routes. Given its commercial zoning and existing building, this property is well-suited for immediate development or renovation to suit a variety of business needs. The latitude and longitude coordinates are 40.6658951 and -89.5531572 respectively, allowing for precise location identification and mapping. Further due diligence is recommended to fully assess the property's potential and suitability for specific business plans. This is a rare opportunity to acquire a commercial property in a thriving Illinois community. Interested parties should act quickly to secure this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.