300 Edmund StEast Peoria, IL 61611

For Sale
$380,000
Flex Space, Levee District, IL

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional East Peoria, Illinois property, located at 300 Edmund Street, presents a unique investment opportunity. Priced at $380,000, this commercial warehouse sits conveniently near the Levee District. The building, classified as both commercial and industrial, offers flexible space ideal for a variety of businesses. Currently configured as two separate units, each space includes a small office area, a restroom, and substantial warehouse space complete with an overhead door. Each unit offers either 3150 or 6300 square feet of space. The property is available for immediate sale, and the current tenant will vacate upon sale or lease. The building sits on land in Tazewell County, Illinois, zip code 61611, with GPS coordinates 40.6695472 latitude and -89.5928354 longitude. The modified gross lease rate, if leasing instead of purchasing, is $7.25 per square foot. This prime location and versatile layout make this property an attractive option for owner-occupiers or investors seeking a strong return. The property's proximity to the Levee District offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-situated, functional warehouse space in a thriving Illinois community.

Highlights

  • Exceptional investment opportunity: 300 Edmund Street, East Peoria, IL, priced at $380,000.
  • Commercial/industrial warehouse near the Levee District.
  • Two units available, each with office, restroom, and warehouse space (3150 or 6300 sq ft).
  • Immediate sale; tenant vacates upon sale or lease.
  • Modified gross lease rate: $7.25/sq ft.

Property Details for 300 Edmund St

Property type
Warehouses, Land

Location Insight

City
East Peoria
County
Tazewell
State
Illinois
Latitude
40.6695472
Longitude
-89.5928354
300 Edmund St, East Peoria, Illinois

FAQs

What type of property is this?
Warehouse - Flex Space, Levee District, IL
Where is the warehouse located?
The property is located at 300 Edmund St East Peoria, IL.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Exceptional investment opportunity: 300 Edmund Street, East Peoria, IL, priced at $380,000.; Commercial/industrial warehouse near the Levee District.; Two units available, each with office, restroom, and warehouse space (3150 or 6300 sq ft).
How can I contact the broker?
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300 Edmund St
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