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Historic Marquette Building Office Space
For Lease
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701 Main St, Peoria, IL 61602

1924 Marquette Building office space available for rent.

Space Size2,570 SF
Days on Market763

Property Features for 701 Main St

General Information

Standard status Active
Size 2,570 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 701 Main St Contact us

Suite 8

Size
2,570 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Huber commercial Inc.
Listed By: Erikka Claerhout · License #IL
Source: Crexi
Added: Jul 29, 2024 Changed: Aug 20 Last Checked: Aug 28 at 2:42PM

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 Marquette Building, designed in 1924 by Hewitt & Emerson Architects, also responsible for the 416 Main St. Building and the Pere Marquette Hotel, offers office space for rent. Parking is available in the back of the building, with metered street parking also accessible.

Key Highlights

  • Designed in 1924 by Hewitt & Emerson Architects
  • Designed by the same architects as the 416 Main St. Building
  • Designed by the same architects as the Pere Marquette Hotel

Property Analytics

Current Use

Jackson Donald R Law Firm Marquette Apartments Apartment Building Gelia Marcom & Martech Advertising Agency Pristine Custom Wood ... Production Facility Pinnacle Security Services ... Security Service

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service Law Firm Daycare Center

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

439
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 1924 Marquette Building office space available for rent.
Where is this office building located?
The property is located at 701 Main St Peoria, IL.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Designed in 1924 by Hewitt & Emerson Architects; Designed by the same architects as the 416 Main St. Building; Designed by the same architects as the Pere Marquette Hotel
More about this property
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