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Limestone-Clad Office Building
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408 SW Washington St, Peoria, IL 61602

Four-story office building with Frank Lloyd Wright-inspired limestone exterior, ample parking, and riverfront dining and retail nearby.

Property Size21,400 SF
Days on Market1722

Property Features for 408 SW Washington St

General Information

Standard status Active
Size 21,400 SF
Net Rentable 21,400 SF
Property subtype OFFICE

Space & Availability

Available Space 21,400 SF
Contiguous Space 21,400 SF

Building Details

Stories 4
Building Size 21,400 SF
Construction limestone clad
Listing Agency: Huber Commercial Inc.
Listed By: Erikka Claerhout
Source: Moodyscre
Added: Nov 11, 2021 Changed: Jul 29 Last Checked: Jul 30 at 8:32AM

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.

This four-story office building features a Frank Lloyd Wright-inspired design with a limestone-clad exterior. The building is described as approximately 5,350 SF per floor, totaling about 21,400 SF. The property is positioned for flexibility, with redevelopment available to fit tenant needs.

On-site parking is included. The building is close to restaurants and retail along the riverfront, supporting everyday convenience for employees and visitors.

Key Highlights

  • Frank Lloyd Wright‑inspired, four‑story limestone‑clad office building
  • Approximately 5,350 SF per floor
  • Total property size about 21,400 SF

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility Pet Grooming Service Florist Acupuncture (Bike/Boat/Book/etc) Store Locksmith

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,203
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

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?
Office building - Four-story office building with Frank Lloyd Wright-inspired limestone exterior, ample parking, and riverfront dining and retail nearby.
Where is this office building located?
The property is located at 408 SW Washington St Peoria, IL.
What are key features of this property?
This property features: Frank Lloyd Wright‑inspired, four‑story limestone‑clad office building; Approximately 5,350 SF per floor; Total property size about 21,400 SF
(309) 676-5660 Call to check price and availability
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