3501 War Memorial DrPeoria, IL 61615

  • Commercial real estate
  • 2.01 AC
For Lease
$19.06/SF/YR View listing

Property Details for 3501 War Memorial Dr

Lot size
2.01 AC
Property type
Commercial real estate
APN
13-13-202-001
APU
1313202001

Description

This 1,070 square foot office/retail space is available for lease in a Class B building constructed in 2006. Located at 3501 War Memorial Drive in Peoria County, Illinois, this single-tenant space is situated in a high-traffic area with 18,700 cars passing daily. The property features a private entrance and ample parking. The space is currently in shell condition, allowing for complete tenant build-out to suit individual needs. Natural light is abundant thanks to numerous windows. Shared use of landlord-maintained restrooms and a break room is included. The zoning is O-1. This location is ideal for a variety of professional services, such as accounting, title companies, or law firms. The building consists of one single-story structure. This is a fantastic opportunity to establish a presence in a desirable and highly visible location. The property is perfect for businesses seeking a functional and customizable space with excellent accessibility and high visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,095,540
    Hospitality
    $16,575,417
    Educational
    $13,790,552
    Medical
    $14,264,831
    Retail
    $21,451,970

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.7686
Longitude
-89.6464
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
$36,930
$119,350
$273,160
$392,510
-
$358,050
$819,480
$1,177,530

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