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    416 Main St Peoria, IL 61602

    Sponsored
    For Lease
    $4 SF/Yr

    Flexible workspace solutions in Peoria, IL.

    Lot size:
    5,711 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Peoria, Illinois office space, located at 416 Main St, zip code 61602, offers a diverse range of flexible workspace solutions catering to various business needs. Situated in Peoria County, this property provides traditional office suites, executive office options, coworking spaces, medical office setups, and creative office environments. Tenancy is multiple, allowing for a variety of configurations to suit different-sized businesses. The space is fully customizable, accommodating businesses ranging from a single person to large corporations, with options for office sizes from one desk to over 100 desks. Services offered include fully furnished and equipped private offices, adaptable to specific requirements, including serviced, custom, disaster recovery, and day offices. Coworking options provide shared office or open-plan areas, with daily or hot desk reservations available. Meeting rooms are also available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, or conferences, bookable by the hour or for extended periods. Virtual office options are also available, including prime business addresses, mail handling, and professional virtual assistant services. Flexible working plans provide access to a global network of business lounges and workspaces. The property's exact square footage is not currently available. Inquire today to explore the possibilities and find the perfect workspace to meet your business objectives.

    Property Features for 416 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,711 SF

    Unit(s) available at that property

    Space
    Virtual Office
    Size
    54 SF
    Rate per SF
    $42
    Space
    Flexible coworking membership
    Size
    108 SF
    Rate per SF
    $13
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $24
    Space
    Coworking space
    Size
    328 SF
    Rate per SF
    $4
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $5
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $7
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $13
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $13
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $10
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF
    Rate per SF
    $13

    HighLights

    • Flexible workspace solutions for businesses of all sizes, from single‑person offices to large corporations.
    • Fully furnished and equipped private offices, customizable to specific needs, including serviced, custom, disaster recovery, and day offices.
    • Coworking spaces with dedicated desks and hot‑desking options.
    • Meeting rooms available for hourly or extended bookings, suitable for various uses.
    • Virtual office options including business address, mail handling, and virtual assistant services.
    Property Profile Location Intelligence

    Current Use by Public Records

    North Casting Industry ... Steel Fabricator Walden Investigative Group ... Private Investigator Linda S, Groezinger, ... Family Law Attorney Mutual Medical Plans ... Insurance Agency Cassidy Timothy J Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm 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
    -89.5906941
    Latitude
    40.6932176

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    FAQs

    What type of property is this?
    Office space - Flexible workspace solutions in Peoria, IL.
    Where is this office space located?
    The property is located at 416 Main St Peoria, IL.
    What is the lease rate?
    The lease rate is $4-$42 SF/Yr.
    What are key features of this property?
    This property features: Flexible workspace solutions for businesses of all sizes, from single-person offices to large corporations.; Fully furnished and equipped private offices, customizable to specific needs, including serviced, custom, disaster recovery, and day offices.; Coworking spaces with dedicated desks and hot-desking options.
    Request Owner's contact information
    416 Main St Peoria, IL 61602
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    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
    416 Main St Peoria, IL 61602
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