Technical
Financial
Distress signals
Property profile

3240 Vandever Ave Pekin, IL 61554

OFF-MARKET
Hotels
Property ID
US28-1344435
10,682 SF 1.58 ac lot Built 1992
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1992
Total area 10,682 SF
Lot 1.58 ac (68,825 SF)
APN 11-11-07-111-004
UPID US28-1344435

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

3240 Vandever Ave Pekin, IL 61554-6257
Pekin metro Census 21702 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
$870k
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2022
Last sale
$1.2M
7 recorded transactions
2022
$1.2M
2017
Price N/A
2016
$1.2M
2016
Price N/A
2005
$1.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +194.3%
Apartment house (5+ units) $1.1M +161.0%
Restaurant $945,000 +132.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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