718 Adams StPeoria, IL 61602

  • Commercial real estate
For Sale
$229,000 View listing

Property Details for 718 Adams St

Property type
Commercial real estate
APN
18-09-331-004
APU
1809331004

Description

This 3,300 square foot mixed-use building, located at 718 SW Adams St in Peoria, IL, presents a unique investment opportunity. Built in 1920 and renovated in 1970, this Class B property boasts a blend of storefront, traditional office, and warehouse space, perfect for a variety of uses. The layout includes a front office/retail area, a spacious open warehouse in the rear, a former darkroom, a storage room, and a small mezzanine for extra storage. A single overhead drive-in door provides convenient access to the warehouse, which features floor drains and a generous 13.6-foot ceiling height. A large skylight floods the space with natural light. The property includes one loading dock and a few parking spaces. Situated in the heart of Peoria's Warehouse District, directly across from Dozer Park and surrounded by new residential and commercial developments, this location offers excellent visibility and accessibility. The permitted zoning is WH. An adjacent building at 720 SW Adams St is also available for purchase. This property offers a compelling combination of character, functionality, and prime location. The asking price is $229,000, with a price per square foot of $69.39. The single-story building sits on a single lot.

718 Adams St, Peoria, Illinois

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.6864
Longitude
-89.5974
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,312
$10,970
$13,600
$24,570
-
$32,910
$40,800
$73,710

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