2003 SW Adams St
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2003 SW Adams St
2,400 SF 100% Leased Retail Building Peoria, IL 61602 £24,147 (£10/SF)
Investment Highlights
- The city has designated this area for redevelopment and is offering incentives
Executive Summary
2700 sqft 2 story building located in the South Village district in the heart of the Peoria Urban Enterprise Zone. Building is being sold as-is and is eligible for a variety of financial incentives, grants and tax exemptions through both the City of Peoria and State of Illinois.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£420
|
£0.11
|
| Operating Expenses |
£2,415
|
£0.64
|
| Total Expenses |
£2,835
|
£0.75
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £420 |
| Annual Per SF | £0.11 |
| Operating Expenses | |
|---|---|
| Annual | £2,415 |
| Annual Per SF | £0.64 |
| Total Expenses | |
|---|---|
| Annual | £2,835 |
| Annual Per SF | £0.75 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1900
Price
£24,147
Price Per SF
£10
Percent Leased
100%
Number of Floors
2
Building FAR
0.55
Lot Size
0.10 AC
Zoning
C-Commercial - Classification on property tax bill: Improved Commercial
Frontage
Amenities
- Storage Space
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Self Storage
- -
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Self Storage | - | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 18-17-252-023 | Total Assessment | £4,436 |
| Land Assessment | £1,407 | Annual Taxes | £420 (£0.18/sf) |
| Improvements Assessment | £3,029 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
18-17-252-023
Land Assessment
£1,407
Improvements Assessment
£3,029
Total Assessment
£4,436
Annual Taxes
£420 (£0.18/sf)
Tax Year
2023
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Presented by
Schepke Children LLC
2003 SW Adams St
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