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113 SW Adams St

38,624 SF Office Building Peoria, IL 61602 $1,300,000 ($34/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,624 SF
Building Class
C
Year Built
1948
Price
$1,300,000
Price Per SF
$34
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
12,875 SF
Building FAR
3.00
Land Acres
0.30 AC
Opportunity Zone
Yes
Zoning
B1 - B-1 Central Business DIstrict

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • On-Site Security Staff
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30272790

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 113 SW Adams St, Peoria, IL 61602

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