Financial
Distress signals
Property profile

5601 Washington St Peoria, IL 61607

OFF-MARKET
Commercial real estate
Property ID
US28-1997924
0.63 ac lot
Last sale Jun 2025 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,622-square-foot retail property, located at 5601 S Washington St in Peoria, Illinois (zip code 61607), presents a unique investment opportunity. Situated in Peoria County, this single-tenant building is currently vacant and ready for immediate occupancy. Built in 1990, the property boasts a C zoning classification, making it suitable for a variety of retail or restaurant uses. The building's substantial size offers ample space for a diverse range of business concepts. Its…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$176k
Assessed land$41k
Assessed improvement$134k
Effective rate10.20%

Value estimate

· Sep 2026
$545k
$491k – $600k
AI approach$550k

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 agency14.4
Dental Office10.9
Electrical Service10.1

Location

5601 Washington St Peoria, IL 61607-2009
County assessor Recorded deeds · 5 transfers 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
906 Bosch, Peoria, IL 61607-1121 $2,550,000 Feb 2026 No data
1304 Garfield, Bartonville, IL 61607-3703 $650,000 Feb 2026 No data
915 Garfield, Bartonville, IL 61607-1874 $525,000 Jan 2026 No data
1101 Garfield, Bartonville, IL 61607-3701 $550,000 Oct 2025 No data
5010 Becker, Bartonville, IL 61607-2775 $350,000 Sep 2025 No data
1007 Garfield, Bartonville, IL 61607-1850 $880,000 May 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
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