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Three-Story Fully Sprinklered Office Building

1 News Plz, Peoria, IL 61614

For Sale
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Fully sprinklered three-story office with elevator access, river-view offices, and an attached parking deck.

Property Size38,904 SF
Lot Size5.00 Acres
Price / SF$51.95
Days on Market574

Property Features for 1 News Plz

General Information

Standard status Active
Size 38,904 SF
Total Parking Spaces 120
Elevators Yes
Lot size 5.00 Acres
Property subtype OFFICE

Additional Details

Sprinkler System Yes

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Maloof Commercial
Listed By: Madison Maloof · License ##475.180439
Source: Moodyscre
Added: Apr 15, 2025 Changed: Oct 26 Last Checked: Nov 8 at 8:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloof Commercial

Rey
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Investment Insights

Based on property information with market context.

Three-story fully sprinklered office building on 1.5 acres, offering elevator access to all floors. Many offices feature river views, and the building includes Unit 101 on the first floor plus the entire 3rd floor, which are currently leased.

Parking is built into the property with a fully sprinklered attached parking deck for 50 cars, designed to provide access to each floor. Additional surface parking is available for 70 cars.

With approximately 38,904 square feet of office space, the building’s multi-floor configuration and on-site parking support day-to-day business operations and tenant convenience at 1 News Plz in Peoria, IL 61614.

Key Highlights

  • 3‑story fully sprinklered office building on 1.5 acres
  • Elevator to all floors
  • Many offices with river views

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Journal Star Publishing House Pekin Daily Times Publishing House Times News-Reporter Publishing House

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Gym & Fitness Center HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Peoria, IL

$77.49 Jul
$84.9 Aug
$94.15 Sep
$94.15 Oct

Properties on Market for Office buildings in Peoria

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Fully sprinklered three-story office with elevator access, river-view offices, and an attached parking deck.
Where is this office building located?
The property is located at 1 News Plz Peoria, IL.
What is the asking price?
The asking price for this property is $2,021,000.
What are key features of this property?
This property features: 3‑story fully sprinklered office building on 1.5 acres; Elevator to all floors; Many offices with river views
(309) 693-3000 · Office Call to check price and availability
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