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

Frank Lloyd Wright–inspired four-story limestone-clad office building with ample parking near riverfront restaurants and retail.

Property Size21,400 SF
Days on Market1058

Property Features for 408 SW Washington St

General Information

Standard status Active
Size 21,400 SF
Property subtype OFFICE

Building Details

Buildings 1
Stories 4
Listing Agency: Huber Commercial Inc.
Listed By: Erikka Claerhout
Source: Moodyscre
Added: Sep 7, 2023 Changed: Jul 30 Last Checked: Jul 30 at 3:52AM

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 Huber Commercial Inc.

Investment Insights

Based on property information with market context.

This four-story office building features a Frank Lloyd Wright inspired design and a limestone clad exterior. The property is approximately 5,350 sq ft per floor, providing flexible space across four levels. The building is positioned for redevelopment to fit tenant or user needs, with ample parking available for visitors and staff.

The location supports day-to-day convenience, with restaurants and retail nearby on the riverfront.

For occupiers looking for a multi-story office footprint with redevelopment flexibility, this property offers a clear starting point given its defined building mass and consistent floorplate size across four stories.

Key Highlights

  • Four‑story limestone clad office building with Frank Lloyd Wright inspired design
  • Approximately 5,350 sq ft per floor across four levels
  • Redevelopment possible to fit your needs

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.

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 - Frank Lloyd Wright–inspired four-story limestone-clad office building with ample parking near riverfront restaurants and retail.
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: Four‑story limestone clad office building with Frank Lloyd Wright inspired design; Approximately 5,350 sq ft per floor across four levels; Redevelopment possible to fit your needs
(309) 676-5660 Call to check price and availability
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