Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Warehouses

    840-908 Washington St, Peoria, IL 61602

    55,632 SF 0.62 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity encompasses two buildings totaling 55,632 square feet on a 0.62-acre lot in Peoria, Illinois' Warehouse District. The property is zoned WH and offers significant potential for adaptive reuse. One building, located at 840 SW Washington, is a single-story warehouse featuring 15-foot ceilings and a 14 x 12 overhead door. The second building, situated at 908 SW Washington, is a five-story structure encompassing 50,760 square feet, including a basement and lower level. The upper four floors provide expansive open space with exposed brick and timber, presenting a unique architectural character. The asking price for this multi-tenant property is $799,000, translating to a price per square foot of $14.36. This prime location in the Warehouse District offers easy access to Peoria's central business district and major transportation routes. The property's size, unique architectural features, and desirable location make it an attractive investment for developers seeking a high-impact project. The substantial square footage and flexible zoning provide ample opportunity for a variety of commercial uses. This is a rare chance to acquire a significant property in a thriving urban area.

    Property profile
    Verified
    Property type Warehouses
    Total area 55,632 SF
    Lot 0.62 ac (27,007 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 840-908 Washington St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message