401 Peoria StWashington, IL 61571

Property Details for 401 Peoria St

Year built

1965

Lot size

0.22 AC

Property size (Sq ft)

4,184 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

02-02-23-205-021

APU

20223205021

Description

This exceptional 8,424 square foot multi-use property in Washington, Illinois presents a remarkable investment opportunity. Located at 401 PEORIA Street, 61571, this single-tenant building boasts a versatile layout ideal for a variety of commercial uses. The property features a substantial warehouse component totaling over 4,536 square feet, including two-story vehicle bays, ample open space, and convenient access via a 14x14 overhead door. Three-phase 200-amp electrical service ensures efficient operation. A recorded easement provides access to the west-side dock and doors. The office space, exceeding 6,000 square feet, is spread across two levels, offering a mix of private offices, open work areas, a conference room, and a break room. The building's design is thoughtfully arranged, with large open office space at the front, private offices in the middle, and the warehouse and docks at the rear. Convenient parking is available on the west side of the building. The property's zoning is Commercial, and it sits on a single lot (APN: 02-02-23-205-017). The building includes 15 parking spaces. The unique combination of warehouse and office space, along with its strategic location and functional design, makes this property an attractive option for businesses seeking a versatile and efficient workspace. This is a rare opportunity to acquire a well-maintained, multi-use building in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $864,724

  Hospitality

  $792,082

  Educational

  $659,003

  Medical

  $681,667

  Retail

  $1,025,116

Location Insight

City

Washington

County

Tazewell

State

Illinois

Latitude

40.7036

Longitude

-89.4121

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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