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    403 Jefferson Ave Peoria, IL 61602

    Sponsored
    For Lease
    $10 SF/Yr

    3,712 sq ft Executive Office Suite

    Lot size:
    3,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning two-story, 3,712 square foot executive office building is available for lease in the heart of downtown Peoria, Illinois. Located within the Judge Jacob Gale complex, this historic property boasts abundant natural light and offers flexible lease options

    Property Features for 403 Jefferson Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,712 SF

    Unit(s) available at that property

    Space
    Size
    3,712 SF
    Rate per SF
    $10

    HighLights

    • Stunning 3,712 SF two‑story executive office building available for lease in downtown Peoria, IL.
    • Located in the historic Judge Jacob Gale complex.
    • Abundant natural light and flexible lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Become a Church Partner Church Peoria Area Chamber ... Chamber Of Commerce Judge Jacob Gale ... Historical Landmark Any Graphics Today Graphic Designer CEO Council Association / Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.587157284406
    Latitude
    40.695369974399

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    FAQs

    What type of property is this?
    Office Property / Space - 3,712 sq ft Executive Office Suite
    Where is this office property / space located?
    The property is located at 403 Jefferson Ave Peoria, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Stunning 3,712 SF two-story executive office building available for lease in downtown Peoria, IL.; Located in the historic Judge Jacob Gale complex.; Abundant natural light and flexible lease terms.
    Request Owner's contact information
    403 Jefferson Ave 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
    403 Jefferson Ave Peoria, IL 61602
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