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Property profile & analytics

1335 Washington St Peoria, IL 61602

  • Industrial properties
Value Estimation
Location Intelligence
Property ID
US28-2512493
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 1335 Washington St

Property type
Industrial properties
APN
18-17-229-001
APU
1817229001

Description

This exceptional 110,900-square-foot creative office building, located at 1335 SW Washington St in Peoria, IL, presents a unique investment opportunity. The six-story Class C property (APN 1817229001) is currently vacant and offers significant potential for redevelopment or owner-occupancy. The building boasts a desirable warehouse/office configuration, featuring multiple freight elevators facilitating efficient material transfer between floors. High ceilings, ranging from 10 to 12 feet, provide ample space and flexibility. The floor plans are well-designed, with Floor 1 at 21,000 SF, Floors 2 & 3 at 20,500 SF each, and Floors 4, 5, & 6 at 16,300 SF each. Loading is facilitated by two 8' x 8' dock doors and one 6' x 8' dock door. The property includes multiple adjacent lots, offering ample parking or expansion possibilities. Its prime location provides immediate access to S. McArthur Highway and I-74, ensuring excellent connectivity. The sturdy masonry construction and well-maintained condition make this a sound investment for developers seeking multi-family, self-storage, or mixed-use projects, or for owner-users seeking warehouse or office space at a competitive price point. This is a rare opportunity to acquire a substantial property in Peoria's vibrant downtown Warehouse District. The zip code is 61602.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6042
Latitude
40.6813
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,690
$20,080
$263,590
$283,670
-
$60,240
$790,770
$851,010
More about this property
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