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Property profile & analytics

5201 War Memorial Dr Peoria, IL 61615

  • Commercial real estate
  • 18.93 lot acres
Value Estimation
Location Intelligence
Property ID
US28-3440776
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

  • Central Illinois Ballet / Dance School
  • HomeGoods / Furniture Store / Home Goods Store
  • Dry Goods / Women'S Clothing Store / Costume Jewelry Shop
  • LOFT / Women'S Clothing Store / Fashion Accessories Store
  • The Shoppes at Grand Prairie / Shopping Mall

Property Details for 5201 War Memorial Dr

Lot size
18.93 lot acres
Property type
Commercial real estate
APN
13-11-176-012
APU
1311176012

Description

The Shoppes at Grand Prairie, a Class B, 468,510 square foot regional mall in Peoria County, offers a unique shopping experience. This single-building property boasts 46 suites, with 10 currently available, ranging from 683 to 93,378 square feet. Anchored by prominent national retailers such as Dick's Sporting Goods, Marshalls, HomeGoods, and Planet Fitness, the center features a diverse mix of over 50 specialty stores and restaurants, many exclusive to the Peoria market. Notable tenants include DSW, Old Navy, White House Black Market, and Brighton Collectibles. The architectural design showcases a Georgian Revival style, complemented by an elegant courtyard and pedestrian promenade. Landscaping includes shade trees, native shrubs, and seasonal flowers, enhancing the inviting atmosphere. Amenities provide a comfortable shopping experience with street lamps, park-like seating areas, water features, and a children's play area. This thriving lifestyle center presents a compelling opportunity for retailers seeking a high-traffic location within a well-established and attractive retail environment. The property's size and tenant mix offer significant potential for growth and profitability.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6712
Latitude
40.7826
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
$182,620
$1,053,240
$1,068,330
$2,121,570
-
$3,159,720
$3,204,990
$6,364,710
More about this property
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