Financial
Distress signals
Property profile

631 Main St Peoria, IL 61602

OFF-MARKET
Other commercial real estate
Property ID
US28-2063322
Last sale Aug 2020 · $90,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A storefront building at 631 W. Main Street in Peoria, Illinois, with approximately 1,840 square feet of interior space configured for retail or office use. The building was previously operated as a bar and is laid out for commercial storefront occupancy, with potential for interior remodeling. Building improvements include replaced or new flooring, plumbing updates, and an electric panel, and it has a roof installed in 2018. The property is located between the Bradley University area and…

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?
$4k
Tax billed · 2023
Assessed value$40k
Assessed land$7k
Assessed improvement$33k
Effective rate9.41%

Value estimate

· Sep 2026
$240k
$216k – $264k

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.5
Garden Center10.8
Auto Parts Store10.1

Location

631 Main St Peoria, IL 61602-1015
County assessor Recorded deeds · 4 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
214 Pecan St, Peoria, IL 61602-1640 $3,000,000 Feb 2026 No data
2119 Adams St, Peoria, IL 61602-1801 $165,000 Dec 2025 No data
2723 Adams, Peoria, IL 61602 $75,000 Dec 2025 No data
2028 Adams St, Peoria, IL 61602-1720 $60,000 Oct 2025 No data
718 Adams St, Peoria, IL 61602-1605 $200,000 Aug 2025 No data
720 Adams St, Peoria, IL 61602-1605 $200,000 Aug 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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