523 NE Adams St - The Armory
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523 NE Adams St - The Armory
40,480 SF Sports & Entertainment Building Offered at $250,000 in Peoria, IL 61603
Executive Summary
Steeped in Peoria history, The Armory commands a powerful presence with its brick and limestone design. Constructed in 1924 by the Military and Naval Department of Illinois. Over the years it flourished as the civic center of events ranging from conventions, political rallies, circuses, boxing matches (Golden Gloves) and, of course, Bradley Basketball! The years have taken its toll but the possibilities are endless to bring "the old girl" back to life. The FRONT PORTION is 3-storied and roofed with impressive entrances, flanking double staircases, offices, etc.. 7,100 square feet on each floor. The BACK SECTION is the almost 30,000 square feet “auditorium” with steel framing, brick walls and open roof. Sold AS-IS. No utilities on.
Property Facts
Price | $250,000 | Lot Size | 0.65 AC |
Price Per SF | $6 | Building Size | 40,480 SF |
Sale Type | Investment or Owner User | No. Stories | 2 |
Sale Conditions | Redevelopment Project | Year Built | 1924 |
Property Type | Sports & Entertainment | Opportunity Zone |
Yes
|
Building Class | B |
Price | $250,000 |
Price Per SF | $6 |
Sale Type | Investment or Owner User |
Sale Conditions | Redevelopment Project |
Property Type | Sports & Entertainment |
Building Class | B |
Lot Size | 0.65 AC |
Building Size | 40,480 SF |
No. Stories | 2 |
Year Built | 1924 |
Opportunity Zone |
Yes |
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Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 18/03/355/001 | Improvements Assessment | $44,330 |
Land Assessment | $22,770 | Total Assessment | $67,100 |
PROPERTY TAXES
Parcel Number
18/03/355/001
Land Assessment
$22,770
Improvements Assessment
$44,330
Total Assessment
$67,100
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523 NE Adams St - The Armory
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