Warehouse District Redevelopment
For Sale
Contact for pricing
1000 SW WASHINGTON Street, Peoria, IL 61602
Redevelopment opportunity in prime warehouse district with parking and park.
Property Size14,500 SF
Price / SF$50
Days on Market1056
Property Features for 1000 SW WASHINGTON Street
General Information
Standard status
Active
Size
14,500 SF
Property subtype
Industrial
Zoning
WH
Listing Agency:
Keller Williams Premier Realty
(309) 472-8037
Listed By:
Zachary Oyler · License #475172173
Source:
Crexi
Added: Oct 1, 2023
Changed: Aug 8
Last Checked: May 12 at 10:17PM
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 Keller Williams Premier Realty
Investment Insights
Based on property information with market context.
This property presents a redevelopment opportunity in the prime Warehouse District. The land behind the building is being redeveloped into parking and a park. The property includes an additional 10 to 15 parking spots, supplementing the new city lot. The building features 14,500 square feet per floor, concrete floors and ceilings, and high ceilings. A loading dock is present. There is potential for a rooftop buildout. A freight elevator is on-site but is not currently in service. Three buildings on the block are currently under residential redevelopment. An event center and retail activity spaces are attracting customers across the street.
Key Highlights
- Prime Warehouse District redevelopment opportunity with parking and park being developed behind the property.
- 14,500 sqft per floor with concrete floors and ceilings.**
- Additional 10‑15 parking spots on the property plus access to the new city lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 61602, IL
1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Redevelopment opportunity in prime warehouse district with parking and park.
Where is this warehouse located?
The property is located at 1000 SW WASHINGTON Street Peoria, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime Warehouse District redevelopment opportunity with parking and park being developed behind the property.; 14,500 sqft per floor with concrete floors and ceilings.**; Additional 10‑15 parking spots on the property plus access to the new city lot.
