2003 SW Adams St
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2003 SW Adams St
2,400 SF 100% Leased Retail Building Peoria, IL 61602 $43,013 CAD ($18 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$748
|
$0.20
|
| Operating Expenses |
$4,301
|
$1.13
|
| Total Expenses |
$5,050
|
$1.33
|
Financial Summary (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $748 |
| Annual Per SF | $0.20 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,301 |
| Annual Per SF | $1.13 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,050 |
| Annual Per SF | $1.33 |
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
$43,013 CAD
Price Per SF
$18 CAD
Percent Leased
100%
Building Height
2 Stories
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 | $8,036 CAD |
| Land Assessment | $2,548 CAD | Annual Taxes | $748 CAD ($0.31 CAD/SF) |
| Improvements Assessment | $5,488 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
18-17-252-023
Land Assessment
$2,548 CAD
Improvements Assessment
$5,488 CAD
Total Assessment
$8,036 CAD
Annual Taxes
$748 CAD ($0.31 CAD/SF)
Tax Year
2023
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Presented by
Schepke Children LLC
2003 SW Adams St
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