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Turn-Key Office Space with Fiber Optics
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401 SW Water St, Peoria, IL 61602

Turn-key office space with ADA compliance and fiber optic data communications available on every floor.

Property Size212 SF
Days on Market259

Property Features for 401 SW Water St

General Information

Standard status Active
Size 212 SF
Property subtype OFFICE
Listing Agency: Huber Commercial Inc.
Listed By: Erikka Claerhout
Source: Moodyscre
Added: Nov 13, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:43AM

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 Huber Commercial Inc.

Investment Insights

Based on property information with market context.

Turn-key office space designed to your specifications, featuring open floor plans up to 12,000 sq. ft. per floor. The space is ADA compliant and supports fiber optic data communications available on every floor. The property also highlights excess floor load capacity for flexible tenant buildouts.

Located at 401 SW Water St in downtown Peoria, the building is just seconds from Interstate access, providing convenient travel for staff and clients. Ample on-site parking is available for visitors and employees.

Additional operational features referenced include special needs support such as back-up power and special cooling accommodations, along with other tailored capabilities intended to support business requirements.

Key Highlights

  • Open floor plans up to 12,000 sq. ft. per floor
  • Fiber optic data communications available on every floor
  • ADA compliant office space

Property Analytics

Current Use

Accenture Business Management Consultant Hard Money Lenders ... Loan Service Dr. Mary T. ... Physician Jason Stringer, D.O. Physician FedEx Drop Box Postal Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Florist Acupuncture Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,195
Businesses Nearby

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

Lease Benchmarks for Peoria, IL

$21.87 /SF/Yr
Avg Asking Price
$7–$107 /SF/Yr
Price Range
10,509 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Turn-key office space with ADA compliance and fiber optic data communications available on every floor.
Where is this office units located?
The property is located at 401 SW Water St Peoria, IL.
What are key features of this property?
This property features: Open floor plans up to 12,000 sq. ft. per floor; Fiber optic data communications available on every floor; ADA compliant office space
(309) 676-5660 Call to check price and availability
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