Restored Landmark Building with
214 SW Pecan Street, Peoria, IL 61602
Meticulously restored building with luxury apartments and commercial space.
Type:Multifamily
Property size:
29,970 SFPrice / SF:
$116/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Jan 12 at 8:39 pm
Property Features for 214 SW Pecan Street
General Information
- Standard status
- Active
- Size
- 29,970 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing agent Maya Noble License #01912174
Listing office Century 21 Select Real Estate, Inc. (530) 717-3302
Listing date Nov 21, 2025
Source Svnchicago
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 Century 21 Select Real Estate, Inc.
HighLights
- Fully leased through 2025 to the region's largest hospital, providing stable tenancy and strong financial performance.
- Award‑winning adaptive reuse of a historic whiskey‑barrel cooperage, blending original architectural details with modern luxury.
- Located in Peoria's revitalizing Warehouse District, benefiting from over $1 billion in new construction and a growing urban core.
- New 3‑year commercial lease executed in 2025.
- Unique loft‑style apartments featuring open floor plans, high‑end finishes, stainless GE appliances, and in‑unit washer/dryers.
- Extended TIF (Tax Increment Financing) through 2034.
Overview
The property, known as Cooperage 214, is a restored 27,000 square foot former whiskey-barrel cooperage. The three-story landmark building was reimagined in 2017 into 18 luxury loft-style apartments and prime commercial space. The building is fully leased in 2025 to the region’s largest hospital tenant. Originally serving Hiram Walker distilleries in Peoria’s famed “Distillery Row”, the building retains original Quaker windows, hardwood floors, exposed wood columns, masonry walls, and brick ceilings. Design elements include reclaimed barrel staves, elevator wood, and a custom cooperage logo. The property was awarded the 2017 Preservation Winner for Adaptive Use by Landmark Illinois. The renovation restored the original Quaker windows, wood columns, hardwood floors, and brick walls. Building elements were reimagined as art and décor, including reclaimed elevator wood & mechanics, reclaimed whiskey barrels & barrel staves, and a commissioned, custom cooperage logo. The property features open floor plans with high-end finishes, washer and dryer in each unit, stainless GE appliances throughout, and warehouse-type hardware. All individual water heaters have been replaced. The property is located in the Warehouse District in downtown Peoria, IL. A new 3-year commercial lease was executed in 2025 with the largest hospital in Peoria. The TIF has been extended through 2034. Short Term Renal Units receive an average of $1,700 per month.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cooperage 214
Apartment Building
New World Realty ...
Real Estate Agency
Wiseman Home Team
Real Estate Agency
Robin Fosdyck Keller ...
Real Estate Agency
Matt Blick
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6036
- Latitude
- 40.6823
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FAQs
What type of property is this?
Apartment building - Meticulously restored building with luxury apartments and commercial space.
Where is this apartment building located?
The property is located at 214 SW Pecan Street Peoria, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Fully leased through 2025 to the region's largest hospital, providing stable tenancy and strong financial performance.; Award‑winning adaptive reuse of a historic whiskey‑barrel cooperage, blending original architectural details with modern luxury.; Located in Peoria's revitalizing Warehouse District, benefiting from over $1 billion in new construction and a growing urban core.
