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Live-Work Space with Loft Apartment
New
For Sale
$299,000

113 E Washington St # 115 East, Peoria, IL 61611

Commercial space below is paired with an upper-level loft apartment for integrated business and residential use.

Property Size6,090 SF
Days on Market2

Property Features for 113 E Washington St # 115 East

General Information

Standard status Active
Size 6,090 SF
Class C
Property subtype Street Retail

Building Details

Building Size 6,090 SF
Year Built 1920
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Thebrokerlist
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 4:52AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

Built in 1920, this live-work property combines approximately 3,570 SF of commercial space with an approximately 2,520 SF loft apartment on the upper level. The commercial area may be configured as two separate units, while the residence offers potential for 4 bedrooms and 2 bathrooms. The arrangement supports an owner-user seeking business and residential space within one property.

The building is located at 113 E Washington St in East Peoria, directly across from Kroger. The Levee District is approximately 0.5 mile away and includes Target, Costco, Ross, Best Buy, Boot Barn, restaurants, and other services.

Key Highlights

  • Approximately 3,570 SF of commercial space
  • Approximately 2,520 SF upper‑level loft apartment
  • Commercial area has potential to divide into two separate units

Property Analytics

Current Use

Schilling Photography Photography Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Plumbing Service Pet Grooming Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 61611, IL

23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercial space below is paired with an upper-level loft apartment for integrated business and residential use.
Where is this live-work space located?
The property is located at 113 E Washington St # 115 East Peoria, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 3,570 SF of commercial space; Approximately 2,520 SF upper‑level loft apartment; Commercial area has potential to divide into two separate units
More about this property
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