2028 Adams StPeoria, IL 61602
- Commercial real estate
For Sale
$200,000
View listing
Property Details for 2028 Adams St
- Property type
- Commercial real estate
- APN
- 18-17-255-001
- APU
- 1817255001
Description
This versatile Peoria, IL commercial property at 2028 SW Adams Street offers a unique investment opportunity. The 7,450 square foot building sits on a 0.28-acre lot and comprises several income-generating components. A street-level storefront provides retail space, while three apartments above contribute significantly to the rental income. The apartments boast a newer roof. Apartment #1, occupied by the resident manager, pays $370 per month and covers dumpster and water expenses. Apartment #2 generates $475 per month, and Apartment #3 brings in $420 per month (tenant pays their own electricity). A separate building houses nine band rooms, one of which includes a recording studio
Location Insight
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Latitude
- 40.6766
- Longitude
- -89.612
- 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
$2,741
$9,620
$19,510
$29,130
-
$28,860
$58,530
$87,390
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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