201 Adams St Peoria, IL 61602
- Commercial real estate
Current Use by Public Records
- Distillery Labs / Research And Product Development
- DeKroyft-Metz & Co., Inc. / Equipment Supplier
Property Details for 201 Adams St
- Property type
- Commercial real estate
- APN
- 18-09-231-004
- APU
- 1809231004
Description
This exceptional commercial property, located at 201 NE Adams St in Peoria, IL, presents a unique investment opportunity. The two-story, 12,658 square foot building, constructed in 1964, boasts a sturdy block/concrete structure on a steel deck, allowing for potential future expansion. The building features two 6,329 square foot floors, plus an additional 6,329 square feet of usable basement space with high ceilings. A freight elevator services all three levels. The property includes a small warehouse area with an overhead drive-in door, ideal for storage or light manufacturing. The building is equipped with a 400 amp, 440-volt electrical system and a new boiler system installed in 2020. Its prime downtown location offers unparalleled visibility and accessibility, situated on the corner of Adams and Hamilton Streets, adjacent to the Peoria County Courthouse and the Caterpillar Administration building, and just one block from the new OSF Headquarters. The B1 zoning permits a variety of uses, making this a versatile space suitable for office, retail, or warehouse purposes. The asking price is $749,000. This single-tenancy building represents a strong investment in a thriving downtown area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.5882
- Latitude
- 40.693
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
