Independence Square | 2020 W War Memorial Dr
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Independence Square 2020 W War Memorial Dr
26,216 SF 100% Leased Office Building Peoria, IL 61613 $925,000 ($35/SF)
Executive Summary
26,216 brick former office building with approval to convert to senior housing. Ample parking with 55 spaces. Desirable location with easy access to I-74, Northwoods Mall, Westlake Shopping Center, several hotels and area restaurants. Fully furnished one bedroom apartment for ownership on the 3rd floor! Seller knows the owner of the land behind the property as well (approximately 1.2 acres). They may have interest in selling the land.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
26,216 SF
Building Class
B
Year Built
1970
Price
$925,000
Price Per SF
$35
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,171 SF
Building FAR
0.33
Land Acres
1.85 AC
Zoning
B-1 - Business District
Parking
55 Spaces (2.97 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
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PROPERTY TAXES
| Parcel Number | 14-30-201-004 | Improvements Assessment | $170,890 |
| Land Assessment | $111,880 | Total Assessment | $282,770 |
PROPERTY TAXES
Parcel Number
14-30-201-004
Land Assessment
$111,880
Improvements Assessment
$170,890
Total Assessment
$282,770
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CJ McCann -
Mehboob Fidai -
Keller Williams Premiere Properties
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Independence Square | 2020 W War Memorial Dr
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