113 SW Adams St - Office FOR SALE


Peoria, IL 61602
$1,300,000 USD
309-323-0399
113 SW Adams St, Peoria, IL for Sale
$1,300,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

113 SW Adams St
Peoria, IL 61602


HIGHLIGHTS

  • Outfitted with offices, classrooms and labs for Illinois Central College
  • Elevator and cargo elevator access to each floor
  • Across from the new OSF Healthcare Foundation Headquarters
  • In in multiple zones for tax incentives - River Edge Redevelopment Zone Program (RERZ), Peoria Downtown Conservation TIF, and the Federal Opportunity
  • Full basement and rooftop deck

OVERVIEW

This 3 story building with a full basement and rooftop deck is located in downtown Peoria's central business district, immediately across from the new OSF Healthcare Foundation Headquarters. It is currently set up for offices, classrooms and laboratories and was most recently used by Illinois Central College (ICC). Each floor is 9656 sq. ft. and has elevator and cargo elevator access. The building could be an ideal site for single tenant or could accommodate multiple tenants. This property is in multiple zones for tax incentives - River Edge Redevelopment Zone Program (RERZ), Peoria Downtown Conservation TIF, and the Federal Opportunity Zone Census Tract 12.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,875 SF

ZONING

B1

APN/PARCEL ID

18-09-256-005

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.