Financial
Distress signals
Property profile

718 SW Adams St Peoria, IL 61602

FOR LEASE
Other commercial real estate
Property ID
US28-1143273
Last sale Aug 2025 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a flex building totaling 3,300 square feet, configured with a compact office or retail area at the front and predominantly open warehouse space at the rear. Interior features include a photography dark room, a dedicated storage room, and a small mezzanine for additional storage. Warehouse access is provided by a rear overhead drive-in door, and the warehouse area includes floor drains. The building has a 13.6-foot ceiling height and a large skylight for natural light. It is…

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?
$2k
Tax billed · 2023
Assessed value$25k
Assessed land$11k
Assessed improvement$14k
Effective rate9.41%

Value estimate

· Sep 2026
$70k
$63k – $77k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 305,446.15% cap applied$20k

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?
305,446.15%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Facility10.7
Dental Office9.3
Acupuncture8.4

Location

718 SW Adams St Peoria, IL 61602
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
720 Adams St, Peoria, IL 61602-1605 $200,000 Aug 2025 No data
1218 Washington, Peoria, IL 61602-1635 $60,000 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message