1500 Lake AvePeoria, IL 61614
- Commercial real estate
- 1,309 SF
For Sale
$450,000
View listing
Property Details for 1500 Lake Ave
- Year built
- 1969
- Property size (Sq ft)
- 1,309 SF
- Property type
- Commercial real estate
- APN
- 14-27-201-021
- APU
- 1427201021
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $267,870
- 6.5%
- $247,264
- 7%
- $229,602
-
Comparable approach
- Method
- Valuation
- Relative Method
- $132,894
- Geo Method
- $170,497
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $502,356
- Retail / Commercial
- $254,562
- Mixed-Use / Specialty
- $251,255
- Hospitality / Lodging
- $181,215
- Office
- $247,264
- Institutional / Educational
- $260,347
- Residential Income
- $304,606
- Multifamily
- $378,626
- Automotive / Energy
- $223,155
- Parking / Income-Based Land
- $79,377.80
- Restaurant / Food Service
- $125,560
- Healthcare / Senior Housing
- $260,117
Location Insight
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Latitude
- 40.7388
- Longitude
- -89.5703
- 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
$6,845
$8,970
$63,780
$72,750
-
$26,910
$191,340
$218,250
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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