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Property profile & analytics
OFF-MARKET
Office Spaces

1901 Ruppman Plz Peoria, IL 61614

61,065 SF 6.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a substantial 61,065-square-foot executive office campus in Peoria, Illinois. The property comprises two Class B buildings, each three stories tall, situated on a 6.1-acre lot. Building H1 offers 27,705 square feet, featuring open floor plans adaptable to various office configurations, several private offices, centrally located restrooms on each floor, a receiving area with dock and interior overhead door, a cafeteria with lounge area on the second floor, and third-level offices, conference rooms, and a rooftop lounge with kitchenette and separate restroom. Building H2 encompasses 33,360 square feet and includes main-level open workspace, a locker room, cafeteria/lunchroom, and a small office. The second and third floors provide additional private offices, conference rooms, and open workspace. Both buildings benefit from ample parking in adjacent lots. The campus is conveniently located off Route 150 (War Memorial Drive), near Goodwill Industries, the Peoria Journal Star, and other established businesses. The asking price is $3,300,000. This property is currently vacant, presenting a unique chance to customize and lease to tenants or develop a new corporate headquarters. The six-story buildings offer a significant amount of space and potential for a variety of uses. The location provides excellent visibility and accessibility.

Property profile
Verified
Property type Office Spaces
Total area 61,065 SF
Lot 6.1 ac (265,716 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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