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    1819 Adams St Peoria, IL 61602

    For Lease
    $6 SF/Yr ($15,045 /Mo)

    Prime Peoria warehouse, ideal for retail or industrial use.

    Lot size:
    30,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 30,090-square-foot warehouse, located at 1819 SW Adams St in Peoria, Illinois, presents a significant opportunity for businesses seeking a versatile space. Situated on a 1.92-acre lot, the property boasts a single-tenant occupancy and is entirely vacant, ready for immediate use. The building features an impressive 18-foot ceiling height, providing ample vertical space for storage or operations. Two loading docks ensure efficient loading and unloading of goods, while the expansive 82-space parking lot offers convenient access for employees and customers. The property is zoned I2 and is powered by a robust 800 Amp/480/277v 3-phase electrical system, capable of supporting a wide range of industrial or retail operations. Its location in Peoria County, close to the central business district (CBD), offers excellent accessibility and visibility. Previously used as a furniture retail store, this adaptable space is well-suited for a variety of uses, making it an attractive investment for discerning businesses. The property's size, features, and location combine to create a compelling opportunity in the Peoria market. The zip code is 61602.

    Property Features for 1819 Adams St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,090 SF
    Total Rate
    15045

    Unit(s) available at that property

    Space
    Available Space
    Size
    30,090 SF
    Rate per SF
    $6

    HighLights

    • 30,090 square feet of combined industrial and retail space.
    • Fully sprinklered building with fire suppression system.
    • Building features central heating and air conditioning.
    • 800 Amp, 480/277‑volt, three‑phase power.
    • Two loading docks and 18‑foot ceiling clearance.
    • On‑site parking for approximately 82 vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    illionis home furnishings ... Appliance Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6101462
    Latitude
    40.6793129

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    FAQs

    What type of property is this?
    Distribution property - Prime Peoria warehouse, ideal for retail or industrial use.
    Where is this distribution property located?
    The property is located at 1819 Adams St Peoria, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 30,090 square feet of combined industrial and retail space.; Fully sprinklered building with fire suppression system.; Building features central heating and air conditioning.
    Request Owner's contact information
    1819 Adams St Peoria, IL 61602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1819 Adams St Peoria, IL 61602
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