Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    314 Washington St East Peoria, IL 61611

    Sponsored
    For Lease
    $24 SF/Yr

    2,175 sq ft Retail/Office in Levee District

    Lot size:
    2,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,175-square-foot retail space is located in East Peoria, Illinois' vibrant Levee District, a thriving mixed-use development boasting over 650,000 square feet of retail, restaurants, and services. Situated at 314 West Washington Street, this single-tenant unit (#4012) is part of a three-unit building, offering a prime location amongst established businesses such as Bass Pro Shops, Holiday Inn & Suites, and numerous popular restaurants. The property is zoned B-3 and features a single-story building with one suite. This build-to-suit opportunity presents a blank canvas for a variety of retail or office uses. The space is ready for immediate occupancy and benefits from high visibility and foot traffic within a dynamic and successful commercial environment. The property's address is 314 West Washington Street, East Peoria, IL 61611, and its APN is 01-01-32-205-016. This is an excellent opportunity to establish a presence in a high-demand area with strong existing tenant occupancy and a diverse range of complementary businesses. The property is suitable for medical office or traditional office use as well.

    Property Features for 314 Washington St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,175 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    4012
    Size
    2,175 SF
    Rate per SF
    $24

    HighLights

    • 2,175 SF retail space in East Peoria, IL's Levee District.
    • Located at 314 West Washington Street, Suite #4012, in a three‑unit building.
    • Prime location near Bass Pro Shops and Holiday Inn & Suites.
    • B‑3 zoning; single‑story building; build‑to‑suit opportunity.
    • High visibility and foot traffic; immediate occupancy.
    • Suitable for retail, medical, or traditional office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.582137072689
    Latitude
    40.670059351764

    Nearby Similar for Lease

    • $16 SF/Yr
      1,500 SF

      Retail Space Near Levee District

      Retail spaces available for lease in East Peoria near shopping.
      101-103 River Rd, East Peoria, IL 61611
      View Details
    • $5 SF/Yr
      15,000 SF

      East Peoria Industrial Spaces Available

      Six flex/warehouse units, 600-5480 sq ft
      125 Thunderbird Ln, East Peoria, IL 61611
      View Details
    • $15 SF/Yr
      11,880 SF

      Prime East Peoria Retail Space

      2,925 SF Single-Tenant Retail Opportunity
      222 Camp St, East Peoria, IL 61611
      View Details
    • $22 SF/Yr
      26,850 SF

      East Peoria Office Space For Lease

      Prime East Peoria Office: 4,580 sq ft available
      420 Main St, East Peoria, IL 61611
      View Details
    • $6 SF/Yr
      28,800 SF

      Spacious Sports Complex Ready For Rent

      28,800 SF clear span space, ideal for sports complex.
      4200 E Washington St, East Peoria, IL 61611
      View Details
    • $12 SF/Yr
      86,224 SF

      Fondulac Plaza Retail Center

      East Peoria Shopping Center - Spaces Available
      2400 Washington St, East Peoria, IL 61611
      View Details
    • $18 SF/Yr
      15,660 SF

      East Peoria Retail End-Cap Spaces

      Retail end-cap spaces available for lease in East Peoria.
      210-240 S Main St, East Peoria, IL
      View Details
    • $12 SF/Yr
      32,094 SF

      East Peoria Commercial Spaces

      High-visibility retail/office suites.
      2400-2519 Main St, East Peoria, IL 61611
      View Details
    • $15 SF/Yr
      2,925 SF

      East Peoria Retail Space Available

      Prime retail space in East Peoria's Levee District.
      214-242 W Camp St, East Peoria, IL 61611
      View Details
    • $12 SF/Yr
      1,618 SF

      Retail Space in Fondulac Plaza

      Retail spaces for lease in busy East Peoria shopping center.
      2418-2516 E Washington St, East Peoria, IL 61611
      View Details
    • $12 SF/Yr
      7,210 SF

      Retail Space in Fondulac Plaza

      Retail spaces for lease with high visibility and accessibility.
      2402 E Washington St, East Peoria, IL 61611
      View Details
    • Contact for pricing
      9,000 SF

      Retail/Office Space For Lease

      1,160 SF retail/office space available for lease.
      100 W Spring Creek Rd, East Peoria, IL 61611
      View Details

    FAQs

    What type of property is this?
    Restaurant - 2,175 sq ft Retail/Office in Levee District
    Where is this restaurant located?
    The property is located at 314 Washington St East Peoria, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 2,175 SF retail space in East Peoria, IL's Levee District.; Located at 314 West Washington Street, Suite #4012, in a three-unit building.; Prime location near Bass Pro Shops and Holiday Inn & Suites.
    Request Owner's contact information
    314 Washington St East Peoria, IL 61611
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    314 Washington St
    East Peoria, IL 61611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    314 Washington St East Peoria, IL 61611
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.