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201 NE Adams St Peoria, IL 61602

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Two-story commercial building with a usable basement in downtown Peoria.

Type:Office, Retail
Property size:
12,658 SF
Added:
Sep 12, 2024
Days on Market:
583
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 201 NE Adams St

General Information

Standard status
Active
Size
12,658 SF
Property subtype
Office, Retail

Building Details

Year Built
1964

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Listing Contact
Will Hayes

Listing agent Will Hayes License #IL 475.122056

Listing office Joseph & Camper Commercial

Listing date Sep 12, 2024

Source Crexi

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 Joseph & Camper Commercial


Overview

Downtown Commercial Building with Usable Basement

This two-story commercial building is located in the central business district, at the corner of Adams and Hamilton. The building provides a total of 12,658 square feet above grade, with each of the first and second floors offering 6,329 square feet. An additional 6,329 square feet of usable space is available in the basement, which features tall ceilings. The heavy concrete construction on a steel deck allows for the potential addition of more stories. A freight elevator provides access to all three levels. The building is equipped with a 400 amp 440 volt electrical system and a new boiler system installed in 2020. A small warehouse area is located on the east side of the building and includes an overhead drive-in door. The basement and second level can be used as office, retail, or warehouse space. The property is in a prime downtown location adjacent to the Peoria County Courthouse and the Caterpillar Administration building, and one block from the new OSF Headquarters. It is located within the Enterprise Zone and River Edge Redevelopment Zone.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Distillery Labs Research And Product Development DeKroyft-Metz & Co., Inc. Big Box & Wholesale Store

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.5882765
Latitude
40.6929619

FAQs

What type of property is this?
Mixed-use property - Two-story commercial building with a usable basement in downtown Peoria.
Where is this mixed-use property located?
The property is located at 201 NE Adams St Peoria, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime downtown location adjacent to the Peoria County Courthouse and Caterpillar Administration building, and one block from the new OSF Headquarters.; 12,658 sf above grade with an additional 6,329 sf of usable basement space.; Located within the Enterprise Zone and River Edge Redevelopment Zone.
More about this property
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