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Historic Office Building
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403 NE Jefferson Ave, Peoria, IL 61603

Downtown Peoria office building with convenient access to and from I-74.

Property Size3,200 SF
Days on Market492

Property Features for 403 NE Jefferson Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: Huber Commercial Inc.
Listed By: Erikka Claerhout
Source: Moodyscre
Added: Mar 26, 2025 Changed: Jul 30 Last Checked: Jul 30 at 3:58AM

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 historic office building at 403 NE Jefferson Ave offers approximately 3,200 square feet of space. The building is described as the former residence of Peoria’s 4th mayor, Jacob Gale, and is noted for its simple design and historic character.

Located in downtown Peoria, the property provides convenient access to and from I-74. It may appeal to office users seeking a distinctive, heritage-style setting while remaining connected to major roadway access.

The property’s configuration and available suite layout are not specified in the provided information, so prospective tenants should confirm the space arrangement and occupancy details during scheduling.

Key Highlights

  • Approximately 3,200 square feet
  • Downtown Peoria location
  • Convenient access to and from I‑74

Property Analytics

Current Use

Become a Church Partner Church Peoria Area Chamber ... Business Service Center Judge Jacob Gale ... Tour Operator Any Graphics Today Marketing & Advertising CEO Council Association / Organization

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Acupuncture Nail Salon 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,508
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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 - Downtown Peoria office building with convenient access to and from I-74.
Where is this office building located?
The property is located at 403 NE Jefferson Ave Peoria, IL.
What are key features of this property?
This property features: Approximately 3,200 square feet; Downtown Peoria location; Convenient access to and from I‑74
(309) 676-5660 Call to check price and availability
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