300 Washington St, East Peoria, IL 61611-2633
This exceptional commercial property located at 300 E WASHINGTON Street, East Peoria, IL 61611, presents a unique investment opportunity. The property consists of a 795 square foot single-tenant office building situated on commercially zoned land. The property's APN is 01-01-33-317-011. Its ideal location in East Peoria offers excellent visibility and accessibility. The single-tenant occupancy simplifies management and provides a stable income stream. The zoning designation is Commercial, allowing for a variety of potential uses. This property is perfect for an owner-occupier seeking a convenient and functional workspace or an investor looking for a low-maintenance, income-generating asset. The building's single-suite configuration minimizes management complexities. The property's geographic coordinates are latitude 40.6636223 and longitude -89.5753184. This is a rare opportunity to acquire a well-situated commercial property in a thriving Illinois market. Serious inquiries are encouraged to explore the potential of this valuable asset. The property type is classified as Land and Office.
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.