456 FULTON Street Peoria, IL 61602

This for-sale office property is located within the Twin Towers and totals approximately 10,500+ square feet (per seller). The offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, and 18-09-211-023. The space is configured with an executive meeting room, a junior executive meeting room, 16–18 cubicles, and 6–8 private offices, along with co-working/reception, a break room, and storage. Office furniture and cubicles (about $60K value) are included. The seller indicates automatic rent increases are in place for the income tenants.

According to the listing, the building has two primary tenants, plus additional “cloud tenants” generating income via business address agreements. Tenant 1 is listed at $900/month plus utilities for approximately 1,000 SF, with 3.5 years remaining. Tenant 2 is listed at $2,000/month plus utilities for approximately 2,500 SF, with 4 years remaining. Cloud tenants are listed at $100–$200/month each, and the owner occupies part of the space and may lease back about 6,500 SF or less.

The property is zoned B1 and is described as being in downtown Peoria at 456 Fulton Street, across from City Hall and minutes from the courthouse, riverfront, restaurants, and cafes. Access to tenant-occupied areas requires an accepted LOI. The listing also notes potential city-backed improvements planned for the building of approximately $2.5M and mentions potential SBA 504 eligibility for owner-occupants using 51%+ of the space.