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Industrial Warehouse with Drive-Through Access
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For Sale
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311 PEORIA ST, Washington, IL 61571

Functional industrial facility with high-clearance warehouse space, offices, restrooms, and vehicle-oriented loading access.

Property SizeContact for details
Days on Market5

Property Features for 311 PEORIA ST

General Information

Standard status Active
Property subtype Industrial
Listing Agency: RE/MAX Traders Unlimited
Listed By: Nathan Steinwedel · License #RMA6758
Source: Crexi
Added: Sep 6 Changed: Sep 9 Last Checked: Sep 9 at 3:31PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This industrial warehouse contains approximately 10,000 square feet with high-ceiling storage space, multiple offices, restrooms, shower facilities, and a floor drain. The building includes fire suppression, a metal roof, and a layout designed for large commercial vehicles. Five overhead doors serve the front of the facility, while a separate drive-through exit door provides rear access. Heavy-duty concrete supports semi truck traffic.

Positioned along Business Route 24 in Washington, Illinois, the property carries I 1 zoning and offers strong roadside exposure. Its prior use for servicing and repairing fire and emergency vehicles provides context for the vehicle-oriented configuration, while the combination of warehouse, office, and service features supports industrial, fleet, distribution, automotive, and related operations.

Key Highlights

  • Approximately 10,000 square feet of industrial warehouse space
  • I 1 zoning along Business Route 24 in Washington, Illinois
  • Five front overhead doors plus a rear drive‑through exit door

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Bakery (Bike/Boat/Book/etc) Store Auto Parts Store

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

370
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

  • Storage Express 812 Walnut St, Washington, IL 61571

Frequently Asked Questions

What type of property is this?
Warehouse - Functional industrial facility with high-clearance warehouse space, offices, restrooms, and vehicle-oriented loading access.
Where is this warehouse located?
The property is located at 311 PEORIA ST Washington, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 10,000 square feet of industrial warehouse space; I 1 zoning along Business Route 24 in Washington, Illinois; Five front overhead doors plus a rear drive‑through exit door
(309) 643-9189 Call to check price and availability
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