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Property profile & analytics

315 Main St Peoria, IL 61602-1313

  • Commercial real estate
OFF-MARKET
Last Sale
May 09, 2025
$580,000
Value Estimations
$580,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-0786921
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.

Current Use by Public Records

  • Pure Oasis Hair and Beauty Salon / Hair Salon / Nail Salon

Property Details for 315 Main St

Property type
Commercial real estate
APN
18-09-256-022
APU
1809256022

Description

This exceptional commercial property at 315 MAIN Street offers a prime retail storefront directly across from the Peoria County Courthouse, ensuring high visibility and foot traffic. The 2,180 square foot building is zoned B1 and features a single tenancy, ideal for a variety of businesses. The space includes a large common area and three separate office spaces, providing ample room for operations and potential expansion. Convenient parking is available both in front of the building on the street and in a rear access deck. A significant advantage is the inclusion of a full 2,000 square foot basement, perfect for storage or additional workspace. The property's high-traffic location, combined with a landlord willing to accommodate the needs of new businesses, makes this an unparalleled opportunity. Utilities are the responsibility of the tenant. The property's APN is 18-09-256-022. This is a single-suite building on land designated for commercial use. This is a truly unique opportunity to establish a thriving business in a highly desirable downtown location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $550,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.5903
Latitude
40.6921
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
$13,686
$34,410
$111,050
$145,460
-
$103,230
$333,150
$436,380
More about this property
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