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113 SW Adams St

38,624 SF Office Building Peoria, IL 61602 $1,828,320 CAD ($47 CAD/SF)

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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.

113 SW Adams Street - Offering Memorandum

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

38,624 SF

Building Class

Year Built

1948

Price

$1,828,320 CAD

Price Per SF

$47 CAD

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

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