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    1201 SW Washington St Peoria, IL 61611

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    For Lease
    Contact for pricing

    Retail spaces available in Portland's West End district.

    Property size:
    2,378 SF
    Lot size:
    0.69 Acres

    Property Features for 1201 SW Washington St

    General Information

    Size
    2,378 SF
    Lot size
    0.69 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Kathleen Healy

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

    Overview

    Ground Floor Retail Space Available

    Ground floor retail spaces are available in Portland's West End cleaning and security district. The location has a history of successful office leasing, including multiple notable law firms. Retail spaces range from approximately 2,378 square feet up to approximately 4,922 square feet, and can be combined. The spaces feature ceiling heights up to 20 feet and operable windows/glass sliders. Subterranean in-building parking is available for customers and employees. The property provides 24/7 onsite security and patrols. The building also includes 213 luxury apartments that are almost fully leased. The building is LEED Platinum certified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Caterer Dooley Brothers Contractor King Communication Services Telecommunications Engineer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5617395
    Latitude
    40.6689811

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in Portland's West End district.
    Where is this retail space located?
    The property is located at 1201 SW Washington St Peoria, IL.
    What are key features of this property?
    This property features: - Located in the most successful office leasing area in Portland.; - Up to ~4,922 combinable sq ft of ground floor retail space available.; - 213 luxury apartments almost fully leased and commanding top rents.
    (503) 880-3033
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    1201 SW Washington St 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
    1201 SW Washington St Peoria, IL 61611
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