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Property profile

6204 Fauber Rd Peoria, IL 61607

OFF-MARKET
Land
Property ID
US28-1316319
2.97 ac lot
Entity Owned 1-yr Hold

Property summary

AI-generated overview

This exceptional 2.97-acre commercial and industrial land parcel, identified by APN numbers 17-10-377-003, 004, and 005, is strategically located in Peoria, Illinois, at 6204 W Fauber Rd, 61607. Priced at $174,000, this property offers a land value of $1.35 per square foot. The site is situated within the Liberty Industrial Park and benefits from an I-2 Heavy Industrial zoning designation, making it suitable for a variety of industrial uses. Conveniently located approximately one mile from the Greater Peoria Airport and Interstate 474, this property enjoys high visibility due to its frontage along Maxwell Road. On-site utilities include readily available electric, water, and sewer services. The property's location within an Enterprise Zone offers potential economic advantages. Note that this listing comprises three parcels and that adjacent land is also available for purchase. The property is situated near established businesses such as Altorfer Power Systems and Walters Brothers Harley-Davidson, providing a strong sense of community and established infrastructure.

Property profile

Verified
Property type Land
Lot 2.97 ac (129,373 SF)
UPID US28-1316319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
1 recorded transaction
2025
$300,000

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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