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    1100 Monarch St Peoria, IL 61602

    For Lease
    $8 SF/Yr

    Versatile Peoria manufacturing/flex space.

    Lot size:
    40,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Peoria, IL industrial property, located at 1100 Southwest Monarch Street, offers a unique blend of manufacturing, flex, and warehouse space, ideal for a variety of businesses. The property boasts a total of 40,752 square feet on a generous 13.471-acre lot. Currently, there are multiple tenants, with 1,600 square feet of immediately available space. The building, constructed in 1956, features high ceilings ranging from 14 to 20 feet, providing ample vertical space for storage or specialized equipment. The available space is suitable for various uses, with options ranging from 1,600 to 14,700 square feet. One notable space is a 1,600 square foot office area equipped with an audio/visual system and air conditioning, though it lacks sewer, water, and restrooms. This property is situated in Peoria County, Illinois, and offers excellent access to major transportation routes (specific details not provided). The property's diverse space options and strategic location make it an attractive opportunity for businesses seeking a flexible and functional industrial space in the Peoria market. The property is classified as Office, Industrial and is zoned for Manufacturing, Flex, Warehouse, and Distribution uses. The zip code is 61602.

    Property Features for 1100 Monarch St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,752 SF
    Total Rate
    27168

    Building Details

    Year Built
    1956

    Unit(s) available at that property

    Space
    Training Facility
    Size
    1,600 SF
    Rate per SF
    $8

    HighLights

    • 40,752 SF industrial property on a 13.471‑acre lot in Peoria, IL.
    • 1,600 SF of immediately available space, with options ranging from 1,600 SF to 14,700 SF.
    • High ceilings (14‑20 feet).
    • Includes a 1,600 SF office with A/V system and A/C (no sewer, water, or restrooms).
    • Located at 1100 Southwest Monarch Street, Peoria, IL 61602, with excellent access to major transportation routes.
    • Zoned for Manufacturing, Flex, Warehouse, and Distribution uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ameren Persimmon Operating ... Corporate Office 10 Roads Express Transportation Service EnviroServe Environmental Consultant

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store 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
    -89.5991144
    Latitude
    40.6807747

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    FAQs

    What type of property is this?
    Distribution property - Versatile Peoria manufacturing/flex space.
    Where is this distribution property located?
    The property is located at 1100 Monarch St Peoria, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 40,752 SF industrial property on a 13.471-acre lot in Peoria, IL.; 1,600 SF of immediately available space, with options ranging from 1,600 SF to 14,700 SF.; High ceilings (14-20 feet).
    Request Owner's contact information
    1100 Monarch St 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
    1100 Monarch St Peoria, IL 61602
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