3000 Main St East Peoria, IL 61611-1713
Property profile & analytics
3000 Main St East Peoria, IL 61611-1713
- Office Spaces
- 8,378 SF
- 0.68 lot acres
Property ID
US28-0961481
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 3000 Main St
- Year built
- 1998
- Lot size
- 0.68 lot acres
- Property size
- 8,378 SF
- Property type
- Office Spaces
- APN
- 01-01-23-101-039
- APU
- 10123101039
Description
This exceptional investment opportunity presents a fully leased, multi-tenant office complex situated at 3000-3004 N Main St, East Peoria, IL 61611. The property encompasses 8,378 square feet across three units within two single-story buildings, constructed in 1998. The building boasts a desirable B3 zoning classification and ample parking with 35 spaces on a 1.43-acre lot featuring a 6-inch poured concrete surface. Currently operating at 100% occupancy, the property generates a strong NOI of $51,268, translating to a compelling 7.65% cap rate. The asking price is $999,000, representing a price per square foot of $119.24. Tenants include Physicians Mutual (3,441 sq ft), JBN Title (1,496 sq ft), and a dental lab (3,441 sq ft plus a 324 sq ft garage with an 8-foot overhead door). The property is offered as an owner/user investment with a NNN lease structure. This prime location on Main Street in East Peoria offers excellent visibility and accessibility. The property's strong tenant base, high occupancy rate, and attractive financial metrics make it an ideal investment for discerning buyers seeking a stable and profitable commercial real estate asset.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- East Peoria
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.5375
- Latitude
- 40.6998
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,076
$15,510
$163,520
$179,030
-
$46,530
$490,560
$537,090
