Warehouse District Redevelopment
For Lease
Contact for pricing
840-908 SW Washington St, Peoria, IL
Three buildings on approximately 1 acre in Peoria, Illinois.
Space Size55,632 SF
Lot Size0.63 Acres
Days on Market375
Property Features for 840-908 SW Washington St
General Information
Standard status
Active
Size
55,632 SF
Lot size
0.63 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Spaces For Lease
at 840-908 SW Washington St
840 - 908 SW Washington St
$12.56/SF/Yr
Floor
Bldg
Size
55,632 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Excellent redevelopment opportunity.
• Two buildings on approximately .62 ac. available in the Warehouse District.
• 840 SW Washington is a 4,872 SF one story warehouse with 15 ft ceilings and a 14 x 12 overhead door.
• 908 SW Washington is a five story 50,760 SF building that includes a basement and a lower level.
• Top four floors of 908 SW Washington are mostly open space with exposed brick and timber.
• Buildings are located in a TIF district and
the River Edge State Historic Tax District.
• Newly constructed 300 car parking lot located between the properties.
• Peoria city incentives include TIF (Tax Increment Financing), Opportunity Zone and RERZ (River Edge Redevelopment
Contact us
Listing Agency:
Joseph & Camper Commercial
(309) 691-5919
Listed By:
Will Hayes · License #475122056
(309) 643-0717
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Oct 1
Last Checked: Oct 4 at 11:29AM
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 Joseph & Camper Commercial
Investment Insights
Based on property information with market context.
An excellent redevelopment opportunity is available in the Warehouse District. The property features three buildings on approximately 1 acre. One of the buildings, located at 840 SW Washington, is a one-story warehouse with 15 ft ceilings and a 14 x 12 overhead door. Another building, located at 908 SW Washington, is a five-story structure encompassing 50,760 square feet, including a basement and a lower level. The top four floors of the five-story building offer mostly open space with exposed brick and timber.
Key Highlights
- Excellent redevelopment opportunity.
- Three buildings on approximately 1 acre in the Warehouse District.
- 908 SW Washington: Five‑story, 50,760 sq ft building with basement and lower level.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Peoria, IL
$26.31 /SF/Yr
Avg Asking Price
$6–$108 /SF/Yr
Price Range
33,551 SF
Avg Space Size
This space is priced 52% below the average of $26.31 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Three buildings on approximately 1 acre in Peoria, Illinois.
Where is this warehouse located?
The property is located at 840-908 SW Washington St Peoria, IL.
What is the lease rate?
The lease rate is $12.56 SF/Yr.
What are key features of this property?
This property features: Excellent redevelopment opportunity.; Three buildings on approximately 1 acre in the Warehouse District.; 908 SW Washington: Five‑story, 50,760 sq ft building with basement and lower level.
