Property profile

4200 Washington St East Peoria, IL 61611

OFF-MARKET
Retail space
Property ID
US28-4269494
17,100 SF 6.86 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 28,800 square-foot interior space measures approximately 120 ft by 240 ft and is configured with a wide-open, clear-span layout suitable for flexible indoor use. The ceiling heights reach up to 37 ft at the peak and 33 ft at the eaves. The space includes fully ADA-compliant men’s and women’s restrooms and has two overhead doors providing exterior access, plus three interior overhead doors for access to the southern portion of the building; floor drains are installed in that southern area. The property has 3-phase electrical power and is described as undergoing a complete renovation.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Total area 17,100 SF
Lot 6.86 ac (298,822 SF)
APN 01-01-25-210-011
UPID US28-4269494

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
  • Business Service Center Conference Center
  • Gym & Fitness Center Sports Field & Court
  • Atm
  • Garden Center
  • (Bike/Boat/Book/etc) Store

Location

4200 Washington St East Peoria, IL 61611-1916
East Peoria metro Census 22400 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
7 recorded transactions
2024
$1.0M
2022
$800,000
2016
Price N/A
2015
Price N/A
2014
$902,000
2014
Price N/A
2014
$902,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.5M +44.9%
Auto repair, garage $1.5M +42.0%
Restaurant $1.2M +18.2%

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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