311 SW WATER ST #3 & 4, Peoria, IL 61602
311 SW WATER ST #3 & 4, Peoria, IL 61602
311 SW WATER ST #3 & 4, Peoria, IL 61602
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Listed by MarkD Ferrill • RE/MAX Traders Unlimited
$3,500,000
Est. payment /mo
20,038 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 20,038 sqft

Price per Sqft $174

MLS Listing ID PA1263676

Year Built 1900

Annual Tax Amount $45,827

Tax Year 2025

Property Sub-Type Commercial

Source rmlsa

Property Description

We are pleased to present the opportunity to acquire a premier residential portfolio within the Waterfront Place building. This offering includes the entirety of the 3rd and 4th floors (23 luxury loft apartments), a usable 3rd-story rooftop deck, and building air rights. Situated in a renovated 1900 brick-and-timber warehouse, this asset perfectly blends historic industrial charm with modern amenities. Located in the vibrant Peoria Warehouse District and boardering the Central Business District, the property sits adjacent to the OSF IT Headquarters, the Peoria Riverfront Museum, and the Caterpillar Visitor's Center, ensuring a consistent demand from high-quality tenants. The property is zoned B1 and located in the River Edge Redevelopment District. Full financials available with NDA.

Location

State IL

County Peoria

Area Paar Area

Zoning B1

Direction From Main Street, Right on Water.

Interior

Heating Electric, Forced Air, Individual Unit, Zoned

Cooling Central Air, Multi Units

Flooring Carpet, Concrete, Tile, Wood

Fireplace N

Exterior

View true

Roof Type Membrane

Garage 1

Building

Building Description Brick, Cable

Faces From Main Street, Right on Water.

Sewer Public Sewer

Water Municipal/City

Structure Type Brick

Others

Tax ID 18-09-413-003

Security Features Yes


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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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