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128 Monroe St Peoria, IL 61602

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For Lease
$13 SF/Yr ($14,895 /Mo)

Retail, Office, Restaurant - 2,500-13,750 SF

Lot size:
13,750 SF

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

$13 /Mo

Size
13,750 SF
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Listing Contact
Jessica Ball
Jessica Ball

Listing Agency: RE/MAX Traders Unlimited Listing Agent: Jessica Ball

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Real Estate Agency Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.5932727
Latitude
40.694002

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.
More about this property
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