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Industrial Land with Multiple Buildings
For Sale
Contact for pricing
Pending

1918 SW WASHINGTON Street, Peoria, IL 61602

Paved and fenced improvements include an office building plus two additional structures at the rear of the property.

Property SizeContact for details
Days on Market143

Property Features for 1918 SW WASHINGTON Street

General Information

Standard status Pending
Property subtype Land, Industrial
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:54AM

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 Adam Merrick Real Estate

Investment Insights

Based on property information with market context.

This industrial land property spans over 3.5 acres and includes a 4500 sq ft building with office space. Two additional buildings are positioned toward the back of the site, adding to the existing improvements. A large paved lot and perimeter fencing are also included. The property previously operated as a towing company, and the site is located within a TIF District at 1918 SW WASHINGTON Street in Peoria, Illinois.

Key Highlights

  • Over 3.5 acres of industrial land
  • 4500 sq ft building with office space
  • Two additional buildings at the rear of the property

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Storage Facility

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

507
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Paved and fenced improvements include an office building plus two additional structures at the rear of the property.
Where is this industrial land located?
The property is located at 1918 SW WASHINGTON Street Peoria, IL.
What are key features of this property?
This property features: Over 3.5 acres of industrial land; 4500 sq ft building with office space; Two additional buildings at the rear of the property
(309) 678-3734 Call to check price and availability
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