1901 Ruppman Plz Peoria, IL 61614
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.