128 Monroe St Peoria, IL 61602
Property Features for 128 Monroe St
General Information
- Property type
- Restaurants
- Lease Type
- Gross Lease
- RSF (Rentable sq. ft)
- 13,750 SF
- Total Rate
- 14895.83
Building Details
- Stories
- 1
Spaces For Lease
at 128 Monroe St, Peoria, IL 61602 Contact us- Unit Available space
- Size
- 13,750 SF
$13 /Mo
Listing Agency: RE/MAX Traders Unlimited Listing Agent: Jessica Ball
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 13,750-square-foot commercial property at 128 SW Monroe Street in Peoria, Illinois, offers unparalleled opportunities for retail, office, or restaurant businesses. Located in the heart of downtown Peoria, this single-story building boasts a highly desirable location directly across from the Peoria Civic Center and its ample parking, and adjacent to the Peoria Marriott Pere Marquette hotel and its parking deck. The property sits on a 0.9-acre lot and is zoned B-1, allowing for a variety of uses. The entire 13,750 square feet is currently vacant and available, offering flexibility for tenants seeking spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 9,600 square feet. Other divisible space options include 4,500 and 5,100 square feet. The building features impressive 15-foot ceilings and infrastructure prepared for sprinkler systems. This property benefits from its strategic location within a Federal Opportunity Zone (Census Tract 12) and the Rivers Edge Redevelopment Zone, presenting significant investment advantages. The area is experiencing revitalization, with a growing demand for family-friendly dining and diverse retail options. The property's proximity to major attractions and its adaptable space make it an ideal location for professional offices, such as financial advisory firms, law offices, or medical clinics. The property's APN is 18-09-206-016, and it's located in Peoria County, Illinois, zip code 61602.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.5932727
- Latitude
- 40.694002
Nearby Similar for Lease
FAQs
What type of property is this?
Restaurant - Retail, Office, Restaurant - 2,500-13,750 SF
Where is this restaurant located?
The property is located at 128 Monroe St Peoria, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 13,750 SF single-story commercial building in downtown Peoria, IL.; Prime location across from the Peoria Civic Center and adjacent to the Peoria Marriott Pere Marquette hotel.; 0.9-acre lot, B-1 zoning, allowing for various uses including retail, office, and restaurant.