2119 Adams St Peoria, IL 61602

Property Details for 2119 Adams St

Property type

Commercial real estate

APN

18-17-251-017

APU

1817251017

Description

This exceptional 23,684-square-foot mixed-use commercial property, located at 2119 SW Adams Street in downtown Peoria, Illinois, presents a unique investment opportunity. Built in 1922 and extensively renovated in 1984, 1988, and 1994, this Class B building sits on a generous 1.88-acre lot and offers a multitude of spaces ideal for various business needs. Previously occupied by a bank, the property features five distinct sections, all contiguous, providing flexibility for diverse tenants or a single large operation. The main area, formerly a retail bank branch, includes a large open area, teller stations, private offices, a conference room, and a secure vault. The four additional sections offer a combination of private offices, conference rooms, open work areas, break rooms, and ample storage. A lower level provides additional storage, conveniently accessible via a rear conveyor belt for deliveries. The property boasts approximately 92 parking spaces, with room for expansion. The robust infrastructure includes 3-phase 600-amp electrical service and an on-site backup generator. Convenient drive-thru and ATM lanes are already in place. The property is zoned CN and offers significant potential for redevelopment or continued use as a mixed-use space. This is a rare opportunity to acquire a substantial, well-maintained property in a desirable downtown Peoria location.

Location Insight

City

Peoria

County

Peoria

State

Illinois

Longitude

-89.6134

Latitude

40.6766

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments