Former Bank Office
For Lease
Contact for pricing
101 SW Adams St, Peoria, IL 61602
6,127 SF former bank space with high ceilings, original woodwork, and large window lines for strong natural light.
Property Size6,127 SF
Days on Market1609
Property Features for 101 SW Adams St
General Information
Standard status
Active
Size
6,127 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Lease Term
84 months
Building Details
Stories
6
Tenancy
Multi
Listing Agency:
Huber Commercial Inc.
(309) 676-5660
Listed By:
Erikka Claerhout · License #475122056
(309) 676-5660
Source:
Moodyscre
Added: Mar 4, 2022
Changed: Jul 26
Last Checked: Jul 30 at 11:46AM
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 Huber Commercial Inc.
Investment Insights
Based on property information with market context.
A 6,127 SF former bank office suite at 101 SW Adams St, Peoria, IL 61602. The space features high ceilings, original woodwork, and large window lines designed for strong natural light. The building also offers customization opportunities, with custom build-out available.
The property is positioned on the hard corner of Main & Adams, providing highly visible street presence. If needed, the 1st and 2nd floors can be connected with a private staircase to create a combined total of 10,951 SF.
Additional space options include a 2nd-floor suite (1,408 SF) and a 3rd-floor floorplate (5,600 SF) that can be built out to fit requirements. The 5th floor (5,600 SF) is move-in ready, with some cubicles already provided and availability noted for August 2024. The 6th floor (5,600 SF) is a former law firm space described as nicely finished and move-in ready. A $400,000 tenant allowance is available for a 7-year lease from a credit-worthy company.
The property is positioned on the hard corner of Main & Adams, providing highly visible street presence. If needed, the 1st and 2nd floors can be connected with a private staircase to create a combined total of 10,951 SF.
Additional space options include a 2nd-floor suite (1,408 SF) and a 3rd-floor floorplate (5,600 SF) that can be built out to fit requirements. The 5th floor (5,600 SF) is move-in ready, with some cubicles already provided and availability noted for August 2024. The 6th floor (5,600 SF) is a former law firm space described as nicely finished and move-in ready. A $400,000 tenant allowance is available for a 7-year lease from a credit-worthy company.
Key Highlights
- 6,127 SF former bank space on the hard corner of Main & Adams with high ceilings, original woodwork, and large window lines
- Highly visible street presence on a hard corner, suited for retail‑style office, financial, or service use
- 1st and 2nd floors can be connected with a private staircase for up to 10,951 SF total (Suite 100 plus Suite 210)
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.81 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,916
Businesses Nearby
Explore this area
Business Placement
Demographics for 61602, IL
1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
Median Home Value
Market
Lease Benchmarks for Peoria, IL
$21.87 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
10,509 SF
Avg Space Size
This space is priced 14% below the average of $21.87 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - 6,127 SF former bank space with high ceilings, original woodwork, and large window lines for strong natural light.
Where is this office units located?
The property is located at 101 SW Adams St Peoria, IL.
What is the lease rate?
The lease rate is $18.75 SF/Yr.
What are key features of this property?
This property features: 6,127 SF former bank space on the hard corner of Main & Adams with high ceilings, original woodwork, and large window lines; Highly visible street presence on a hard corner, suited for retail‑style office, financial, or service use; 1st and 2nd floors can be connected with a private staircase for up to 10,951 SF total (Suite 100 plus Suite 210)
