Property profile

3311 Sterling Ave Peoria, IL 61604

OFF-MARKET
Commercial real estate
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Property ID
US28-1682848
0.5 ac
Last sale Aug 2021·$6,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail property, located at 3311 N Sterling Ave in Peoria, Illinois, offers a fantastic opportunity for businesses seeking flexible space options. The property boasts a total of 86,975 square feet of commercial space, with multiple tenancies available. Three spaces are currently available, ranging from a minimum of 1,595 square feet to a maximum contiguous space of 2,400 square feet. A total of 5,595 square feet is currently vacant and ready for immediate occupancy. This…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$91k
Assessed land$38k
Assessed improvement$53k
Effective rate9.41%

Value estimate

· Nov 2026
$6.31M
$5.67M – $6.94M
AI approach$6.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$47 – $167

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPEORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Law Firm23.2
Dental Office14.6

Location

3311 Sterling Ave Peoria, IL 61604-1840
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3222 Harmon, Peoria, IL 61604-5919 $125,000 Feb 2026 No data
3605 Parish, Peoria, IL 61604-1361 $1,300,000 Jan 2026 No data
311 Western, Peoria, IL 61604-5638 $240,000 Dec 2025 No data
2601 Forrest Hl, Peoria, IL 61604-1812 $550,000 Dec 2025 No data
2002 Heading, West Peoria, IL 61604-5136 $175,000 Oct 2025 No data
817 Cortland, West Peoria, IL 61604-4940 $220,000 Oct 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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