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Property profile & analytics
OFF-MARKET
Office Spaces

101 Adams St Peoria, IL 61602

31,943 SF
Property ID
US28-0916067
Property summary
AI-generated overview

The Central Building, located at 101 SW Adams St, Peoria, IL 61602, offers 31,943 square feet of prime executive office space in a ten-story building. This multi-tenant property boasts a stunning marble-lined lobby with terrazzo floors, two main elevators, and a marble staircase. Individual suites range from 1,408 to 6,127 contiguous square feet, with a minimum divisible space of 3,416 square feet. Currently, the entire 31,943 square feet is vacant, presenting a unique opportunity for a single large tenant or multiple smaller occupants. The building features a prominent marble entrance, decorative cornices, and a blond brick exterior, situated at the intersection of Adams and Main Streets, directly across from the Peoria County Courthouse Square and diagonally from Caterpillar's and OSF Healthcare's headquarters. Many suites offer impressive views of the Peoria Riverfront and Illinois River Valley. Convenient parking is available in an adjacent parking deck with elevator and stair access to each floor, as well as on-street parking. The building's central location offers easy access to numerous restaurants and pubs. A generous build-out allowance and competitive pricing are available. The property also presents a rare opportunity for office condominium ownership, with many floors available for purchase. A space planner, designer, and in-house construction management team are available to facilitate a smooth and efficient move-in process.

Property profile
Verified
Property type Office Spaces
Total area 31,943 SF
UPID US28-0916067
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
Current use
Occupant on record · Public records
  • Raymond James Financial Services Financial Advisor
  • O'Flaherty Law of Peoria Law Firm Child Welfare Organization
  • Prairie State Legal Services, Inc. Law Firm
  • National Labor Relations Board Federal Government Office
  • Business Acumen Consulting, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
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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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