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    840-908 SW Washington St Peoria, IL 61611

    For Sale
    $699,000

    Three buildings on approximately 1 acre in Peoria, Illinois.

    Property size:
    55,632 SF
    Lot size:
    0.63 Acres

    Property Features for 840-908 SW Washington St

    General Information

    Size
    55,632 SF
    Lot size
    0.63 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse District Redevelopment Opportunity

    An excellent redevelopment opportunity is available in the Warehouse District. The property features three buildings on approximately 1 acre. One of the buildings, located at 840 SW Washington, is a one-story warehouse with 15 ft ceilings and a 14 x 12 overhead door. Another building, located at 908 SW Washington, is a five-story structure encompassing 50,760 square feet, including a basement and a lower level. The top four floors of the five-story building offer mostly open space with exposed brick and timber.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.598397
    Latitude
    40.6842046

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    FAQs

    What type of property is this?
    Warehouse - Three buildings on approximately 1 acre in Peoria, Illinois.
    Where is this warehouse located?
    The property is located at 840-908 SW Washington St Peoria, IL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Excellent redevelopment opportunity.; - Three buildings on approximately 1 acre in the Warehouse District.; - 908 SW Washington: Five-story, 50,760 sq ft building with basement and lower level.
    (309) 643-0717
    Request Owner's contact information
    840-908 SW Washington St Peoria, IL 61611
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    Peoria, IL 61611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    840-908 SW Washington St Peoria, IL 61611
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