300 Edmund St, East Peoria, IL 61611-2320

This exceptional East Peoria, Illinois property, located at 300 Edmund Street, presents a unique investment opportunity. Priced at $380,000, this commercial warehouse sits conveniently near the Levee District. The building, classified as both commercial and industrial, offers flexible space ideal for a variety of businesses. Currently configured as two separate units, each space includes a small office area, a restroom, and substantial warehouse space complete with an overhead door. Each unit offers either 3150 or 6300 square feet of space. The property is available for immediate sale, and the current tenant will vacate upon sale or lease. The building sits on land in Tazewell County, Illinois, zip code 61611, with GPS coordinates 40.6695472 latitude and -89.5928354 longitude. The modified gross lease rate, if leasing instead of purchasing, is $7.25 per square foot. This prime location and versatile layout make this property an attractive option for owner-occupiers or investors seeking a strong return. The property's proximity to the Levee District offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-situated, functional warehouse space in a thriving Illinois community.