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    456 Fulton St Peoria, IL 61602

    Sponsored
    For Sale
    $215,000

    6,626 SF Office Space, Downtown Views

    Property size:
    6,626 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional office condominium, located at 456 Fulton Street in Peoria, Illinois, presents a unique investment opportunity. Priced below tax assessment, this 6,626 square foot space is situated on the third floor of the Twin Towers Plaza building, constructed in 1984. The property boasts spectacular views of Peoria's City Hall and the Peoria Civic Center, offering a prestigious address and impressive cityscape. The layout includes 18 private offices, twelve of which feature floor-to-ceiling windows showcasing the downtown panorama. A spacious 80 x 23 foot central bullpen provides ample collaborative workspace, complemented by a 28 x 25 foot boardroom for meetings and presentations. Additional amenities include a 40 x 18 foot lobby, a convenient kitchen/break room, a private restroom, and two separate storage rooms. Elevator service is provided. This property is classified as Commercial, Executive Office, and Government use. The asking price is $215,000. The property consists of one building on a land parcel in Peoria County, zip code 61602. This is a rare opportunity to acquire a well-appointed, high-visibility office space in a desirable downtown location.

    Property Features for 456 Fulton St

    General Information

    Property type
    Government properties
    Square Feet
    6,626 SF

    Building Details

    Year Built
    1984
    Buildings
    1

    HighLights

    • 6,626 SF office condo in Peoria, IL, priced below tax assessment.
    • Located on the third floor of Twin Towers Plaza (1984 construction).
    • Offers spectacular city views, including Peoria City Hall and Civic Center.
    • Features 18 private offices, many with floor‑to‑ceiling windows, a large bullpen, and a boardroom.
    • Includes lobby, kitchen/break room, private restroom, and two storage rooms; elevator service.
    • $215,000 asking price; located in Peoria County, zip code 61602; suitable for Commercial, Executive Office, and Government use.
    Property Profile Location Intelligence

    Current Use by Public Records

    55 Gallon Drums ... Barrel Supplier LeFante Law Offices, ... Personal Injury Attorney FDC Solutions Consultant Infrastructure Engineering Inc. Engineering Consultant Hanauer Law Office, ... Criminal Justice Attorney

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Skin Care Clinic Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5921206
    Latitude
    40.6928759

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    FAQs

    What type of property is this?
    Government property - 6,626 SF Office Space, Downtown Views
    Where is this government property located?
    The property is located at 456 Fulton St Peoria, IL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: 6,626 SF office condo in Peoria, IL, priced below tax assessment.; Located on the third floor of Twin Towers Plaza (1984 construction).; Offers spectacular city views, including Peoria City Hall and Civic Center.
    Request Owner's contact information
    456 Fulton 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
    456 Fulton St Peoria, IL 61602
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