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Former Bank Office Suite
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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.

Space Size6,127 SF
Days on Market1700

Property Features for 101 SW Adams St

General Information

Standard status Active
Size 6,127 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Lease Term 84 months

Building Details

Stories 6
Tenancy Multi

Spaces For Lease

at 101 SW Adams St
Central Building $18.75/SF/Yr
Floor 1
Size 6,127 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- 6,127 SF former bank space on the hard corner of Main & Adams - High ceilings, original woodwork, and large window lines with excellent natural light - Highly visible street presence – ideal for retail-style office, financial, or service use - Custom build-out available; concept rendering below shows potential modern design - A $400,000 tenant allowance available for a 7 year lease from a credit worthy company. - 1st and 2nd floor can be connected with a private staircase to offer a total of 10,951 SF. - 1st floor (Suite 100) – 6,127 sf, – High ceilings and historic woodwork make this space a must see. - 2nd floor (Suite 210) – 1,408 sf – available - 3rd floor – 5,600 sf is available to build out to meet the customer’s needs. - 5th floor – 5,600 sf is move in ready, with some cubicles already provided. This space is adaptable to meet your needs. (Available August 2024) - 6th floor – 5,600 sf is a former law firm space. Very nicely finished office space that is move in ready. - Generous build out allowance and aggressive pricing for solid tenant. A space planner, designer and in-house construction management makes your move easy & seamless.
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Listing Agency: Huber Commercial Inc.
Listed By: Erikka Claerhout
Source: Moodyscre
Added: Mar 4, 2022 Changed: Oct 25 Last Checked: Oct 28 at 9:33AM

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.

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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.

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

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

Current Use

Raymond James Financial ... Financial Advisor O'Flaherty Law of Peoria Law Firm Prairie State Legal ... Law Firm National Labor Relations ... Federal Government Office Business Acumen Consulting, ... Corporate Office

Suggested Use

Top Pick Storage Facility Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture Carpet & Flooring Store

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
NNN (Triple Net)
Lease Type
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,916
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Peoria, IL

$10.42 /SF/Yr
Avg Asking Price
$0.33–$16 /SF/Yr
Price Range
7,136 SF
Avg Space Size

This space is priced 80% above the average of $10.42 /SF/Yr.

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 unit - 6,127 SF former bank space with high ceilings, original woodwork, and large window lines for strong natural light.
Where is this office unit 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)
(309) 676-5660 Call to check price and availability
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