Assisted Living Facility
For Sale
$260,000
1924 SW Adams St, Peoria, IL 61602
Three-story brick assisted living facility with a full gym, circle drive, and on-site parking.
Property Size8,000 SF
Lot Size0.44 Acres
Price / SF$32.50
Days on Market206
Property Features for 1924 SW Adams St
General Information
Standard status
Active
Size
8,000 SF
Lot size
0.44 Acres
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Amenities
gymnasium
Building Details
Building Size
8,000 SF
Stories
3
Construction
brick
Listing Agency:
Maloof Commercial
Listed By:
Dan Maloof · License #IL #475.122647
(309) 696-7200
Source:
Maloofcom
Added: Feb 18
Changed: Sep 8
Last Checked: Sep 11 at 6:01AM
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 Maloof Commercial
Investment Insights
Based on property information with market context.
This 3-story brick building offers approximately 8,000 sq. ft. of space on 0.44 acres and is configured as a 14-bed communal living facility. The property also includes a full gymnasium and site amenities designed for convenient arrival, including a circle drive and on-site parking.
Located near the Warehouse District in downtown Peoria at the corner of SW Adams Street and Olive Street, the area is supported by a mix of nearby businesses within a 2-block radius, including Peoria Architectural Salvage, UFS, Plaza Tire, Moser's Shoes, and Mr. Towit's. The property is also only minutes to downtown Peoria and offers convenient interstate access.
With its institutional-style communal living configuration and dedicated fitness space, the building is set up for healthcare-related use within a close-in downtown trade area.
Located near the Warehouse District in downtown Peoria at the corner of SW Adams Street and Olive Street, the area is supported by a mix of nearby businesses within a 2-block radius, including Peoria Architectural Salvage, UFS, Plaza Tire, Moser's Shoes, and Mr. Towit's. The property is also only minutes to downtown Peoria and offers convenient interstate access.
With its institutional-style communal living configuration and dedicated fitness space, the building is set up for healthcare-related use within a close-in downtown trade area.
Key Highlights
- Three‑story brick building with 8,000 sq. ft. on 0.44 acres
- 14‑bed communal living facility
- Full gymnasium on‑site
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Three-story brick assisted living facility with a full gym, circle drive, and on-site parking.
Where is this assisted living facility located?
The property is located at 1924 SW Adams St Peoria, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Three‑story brick building with 8,000 sq. ft. on 0.44 acres; 14‑bed communal living facility; Full gymnasium on‑site
