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    Property profile & analytics

    3821 Washington St East Peoria, IL 61611-1930

    • Turn key restaurants
    • 2,345 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Mar 30, 2023
    $235,000
    Location Intelligence
    Property ID
    US28-2282393
    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

    • Turn key restaurants

    Property Details for 3821 Washington St

    Year built
    1959
    Lot size
    0.22 lot acres
    Property size
    2,345 SF
    Property type
    Turn key restaurants
    APN
    01-01-25-208-015
    APU
    10125208015

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5101
    Latitude
    40.6848
    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
    $6,436
    $10,020
    $50,060
    $60,080
    -
    $30,060
    $150,180
    $180,240

    Comparable in this City

    • Value Estimation by Request
      38,400 SF

      7 Blackjack Blvd

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    • Value Estimation
      $1,820,000
      8,411 SF

      230 Conference Ctr Dr

      RESTAURANT • 8,411 SF
      230 Conference Ctr Dr, East Peoria, IL 61611-9501
      View Details
    • Value Estimation
      $1,650,000
      5,780 SF

      800 Riverside Dr

      RESTAURANT • 5,780 SF
      800 Riverside Dr, East Peoria, IL 61611-7216
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    • Value Estimation
      $205,000
      2,280 SF

      1508 Mdw Ave

      RESTAURANT • 2,280 SF
      1508 Mdw Ave, East Peoria, IL 61611-3014
      View Details
    • Value Estimation
      $150,000
      8,978 SF

      1011 Washington St

      RESTAURANT • 8,978 SF
      1011 Washington St, East Peoria, IL 61611-2729
      View Details
    • Value Estimation
      $710,000
      6,932 SF

      900 Riverside Dr

      RESTAURANT • 6,932 SF
      900 Riverside Dr, East Peoria, IL 61611-7206
      View Details

    Similar Nearby for Sale

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      Spring Bay Restaurant & Land

      Turnkey Restaurant Business for Sale
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      6,932 SF

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    • $399,900
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      East Peoria Multi-Use Property

      Multi-unit property with retail, gym, apartment, and storage.
      1101 E Washington St, East Peoria, IL 61611
      View Details
    • $350,000
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      Downtown Peoria Multi-Use Commercial Property

      Multi-use commercial property with restaurant in downtown Peoria.
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    • $888,624
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      Prime East Peoria Commercial Land

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    Similar Nearby for Lease

    • $12 SF/Yr
      32,094 SF

      East Peoria Commercial Spaces

      High-visibility retail/office suites.
      2400-2519 Main St, East Peoria, IL 61611
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    • $12 SF/Yr
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      Fondulac Plaza Retail Center

      East Peoria Shopping Center - Spaces Available
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      View Details
    • $24 SF/Yr
      2,175 SF

      Prime East Peoria Retail Space

      2,175 sq ft Retail/Office in Levee District
      314 Washington St, East Peoria, IL 61611
      View Details
    • Contact for pricing
      9,000 SF

      Retail/Office Space For Lease

      1,160 SF retail/office space available for lease.
      100 W Spring Creek Rd, East Peoria, IL 61611
      View Details
    • $22 SF/Yr
      6,320 SF

      Prime East Peoria Commercial Land

      6,320 sq ft, Single Tenant, Class A
      314 Washington St, East Peoria, IL 61611
      View Details
    • $15 SF/Yr
      11,880 SF

      Prime East Peoria Retail Space

      2,925 SF Single-Tenant Retail Opportunity
      222 Camp St, East Peoria, IL 61611
      View Details
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    3821 Washington St
    East Peoria, IL 61611-1930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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