Downtown Commercial Building with Usable
For Sale
Contact for pricing
201 NE Adams St, Peoria, IL 61602
Two-story commercial building with a usable basement in downtown Peoria.
Property Size12,658 SF
Price / SF$55.22
Days on Market710
Property Features for 201 NE Adams St
General Information
Standard status
Active
Size
12,658 SF
Class
B
Property subtype
Office, Retail
Zoning
B1
Building Details
Year Built
1964
Listing Agency:
Joseph & Camper Commercial
(309) 643-0717
Listed By:
Will Hayes · License #475.122056
Source:
Crexi
Added: Sep 12, 2024
Changed: Aug 21
Last Checked: Aug 21 at 11:02AM
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 Joseph & Camper Commercial
Investment Insights
Based on property information with market context.
This two-story commercial building is located in the central business district, at the corner of Adams and Hamilton. The building provides a total of 12,658 square feet above grade, with each of the first and second floors offering 6,329 square feet. An additional 6,329 square feet of usable space is available in the basement, which features tall ceilings. The heavy concrete construction on a steel deck allows for the potential addition of more stories. A freight elevator provides access to all three levels. The building is equipped with a 400 amp 440 volt electrical system and a new boiler system installed in 2020. A small warehouse area is located on the east side of the building and includes an overhead drive-in door. The basement and second level can be used as office, retail, or warehouse space. The property is in a prime downtown location adjacent to the Peoria County Courthouse and the Caterpillar Administration building, and one block from the new OSF Headquarters. It is located within the Enterprise Zone and River Edge Redevelopment Zone.
Key Highlights
- Prime downtown location adjacent to the Peoria County Courthouse and Caterpillar Administration building, and one block from the new OSF Headquarters.
- 12,658 sf above grade with an additional 6,329 sf of usable basement space.
- Located within the Enterprise Zone and River Edge Redevelopment Zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,916
Businesses Nearby
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial building with a usable basement in downtown Peoria.
Where is this mixed-use property located?
The property is located at 201 NE Adams St Peoria, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime downtown location adjacent to the Peoria County Courthouse and Caterpillar Administration building, and one block from the new OSF Headquarters.; 12,658 sf above grade with an additional 6,329 sf of usable basement space.; Located within the Enterprise Zone and River Edge Redevelopment Zone.
