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Renovated Loft Apartment Building

311 SW WATER Street #3 & 4 Peoria, IL 61602

311 SW WATER Street #3 & 4, Peoria, IL, 61602
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For Sale
Contact for pricing

For sale opportunity offering the 3rd and 4th floors with 23 loft apartments plus a usable rooftop deck.

Days on Market175

Property Features for 311 SW WATER Street #3 & 4

General Information

Standard status
Active
Property subtype
Multifamily, Office, Retail

Building Details

Year Built
1900
Listing agency Re/Max Traders Unlimited
Listed by Mark Ferrill · License #471020340
Source Crexi
Added: Jan 29 Updated: Jul 23 at 6:17AM Checked: Jul 23 at 6:17AM

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 offering includes the entirety of the 3rd and 4th floors within the Waterfront Place building, totaling 23 loft apartments. The package also features a usable 3rd-story rooftop deck and building air rights. The property is housed in a renovated 1900 brick-and-timber warehouse, combining historic industrial character with modern finishes.

The building is located in the Peoria Warehouse District bordering the Central Business District. It is adjacent to the OSF IT Headquarters and near the Peoria Riverfront Museum and the Caterpillar Visitor’s Center. The property is zoned B1 and located in the River Edge Redevelopment District. Full financials are available with NDA.

Key Highlights

  • For sale portfolio includes the entire 3rd and 4th floors totaling 23 loft apartments in Waterfront Place.
  • Usable 3rd‑story rooftop deck included.
  • Building built in 1900 (brick‑and‑timber warehouse) and described as renovated.

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

FAQs

What type of property is this?
Apartment building - For sale opportunity offering the 3rd and 4th floors with 23 loft apartments plus a usable rooftop deck.
Where is this apartment building located?
The property is located at 311 SW WATER Street #3 & 4 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: For sale portfolio includes the entire 3rd and 4th floors totaling 23 loft apartments in Waterfront Place.; Usable 3rd‑story rooftop deck included.; Building built in 1900 (brick‑and‑timber warehouse) and described as renovated.
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