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123 main st
Peoria, IL 61615
16 Unit Illinois Memory Care · Multifamily Property For Sale · 16 Units

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EXECUTIVE SUMMARY

Green Leaf Senior Living represents a unique opportunity to acquire a fully renovated, boutique memory care community located in the heart of Peoria. Purposefully reconstructed to serve the needs of seniors requiring specialized memory support, the property underwent a comprehensive renovation,
positioning it as a turn-key asset ready for strategic occupancy growth.
While the community currently operates below 50% occupancy, it benefits from new infrastructure, strong clinical leadership, and an excellent reputation for resident care. Owned and operated by a dedicated nurse, the focus has been almost entirely on clinical excellence and resident wellbeing—creating a solid foundation for a new owner/operator to take the reins and scale the business through marketing, outreach, and ancillary service optimization.
Investment Highlights
- Full renovation completed by early 2024 with high-quality finishes and infrastructure upgrades
- Boutique setting ideal for personalized memory care or assisted living
- Current occupancy under 50% – perfect for value-add investor or operator
- Excellent reputation in the market with deep caregiver expertise
- Opportunity to grow through local referral partnerships and targeted marketing
- Several specialty rooms (e.g., library, salon, exercise room) that can be converted to revenue generating spaces or specialized programming areas
- 9,180 square foot building
- 1.465 acre lot
Amenities
- All furnished private bedrooms
- Full fire suppression systems in place
- Walk-in showers with safety grab bars
- Emergency response system
- Activity-specific rooms including:
- Exercise & therapy room
- Sensory/game room
- Salon
- Library
- Craft room
- Spacious living and family areas
- Dedicated dining room

PROPERTY FACTS

Price Per Unit $156,250
Sale Type Investment
No. Units 16
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 1.45 AC
Building Size 9,100 SF
Average Occupancy 50%
No. Stories 1
Year Built/Renovated 1960/2023
Opportunity Zone Yes
Zoning Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-07-227-007
Land Assessment
$1,250
Improvements Assessment
$60,150
Total Assessment
$61,400
  • Listing ID: 39164434

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 123 main st, Peoria, IL 61615

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