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Downtown Peoria Central Building Office
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101 SW Adams St, Peoria, IL 61602

Prime office spaces in downtown Peoria's central business district.

Space Size1,408 SF - 5,600 SF
Property Size31,943 SF
Days on Market1443

Property Features for 101 SW Adams St

General Information

Standard status Active
Size 1,408 SF - 5,600 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 31,943 SF
Tenancy Multiple

Spaces For Lease

at 101 SW Adams St Contact us

Suite 210

Size
1,408 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

2nd floor Suite 240

Size
3,416 SF
Type
Office
Availability
Active
Contact us

3rd floor

Size
5,600 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Huber commercial Inc.
Listed By: Erikka Claerhout · License #IL
Source: Crexi
Added: Sep 9, 2022 Changed: Aug 21 Last Checked: Aug 20 at 5:59PM

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.

The Central Building, situated at the intersection of Adams and Main Streets in downtown Peoria, stands directly across from the Peoria County Courthouse Square and diagonally from Caterpillar's downstate headquarters and OSF Healthcare headquarters. Its exterior showcases a marble-surrounded main entrance on Adams Street, complemented by three decorative cornices and blond brick. The sidewalks are illuminated with early 20th-century style light fixtures. The ten-story building welcomes visitors with a marble-lined lobby featuring terrazzo floors, leading to two main elevators and a marble staircase to the second floor. Many office suites offer views of the Peoria Riverfront and Illinois River Valley. The building presents an office condominium opportunity, with multiple floors available for purchase. The location is near several restaurants and pubs, with convenient parking in an adjacent parking deck that provides access to each floor. On-street parking is available on both Adams and Main Streets. A space planner, designer, and in-house construction management team are available to facilitate tenant moves.

Key Highlights

  • Prime downtown location at the intersection of Adams and Main Streets, near major headquarters and the courthouse.
  • Office condominium ownership opportunity available.
  • Impressive views of the Peoria Riverfront and Illinois River Valley from most office suites.

Property Analytics

Current Use

Raymond James Financial ... Financial Advisor O'Flaherty Law of Peoria Law Firm Prairie State Legal ... Law Firm National Labor Relations ... Federal Government Office Business Acumen Consulting, ... Corporate Office

Suggested Use

Top Pick Storage Facility Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture Carpet & Flooring Store

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,916
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

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 building - Prime office spaces in downtown Peoria's central business district.
Where is this office building located?
The property is located at 101 SW Adams St Peoria, IL.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Prime downtown location at the intersection of Adams and Main Streets, near major headquarters and the courthouse.; Office condominium ownership opportunity available.; Impressive views of the Peoria Riverfront and Illinois River Valley from most office suites.
More about this property
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