309-311 MAIN ST, Peoria, IL 61602
309-311 MAIN ST, Peoria, IL 61602
309-311 MAIN ST, Peoria, IL 61602
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$599,000
Est. payment /mo
21,915 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,915 sqft

Price per Sqft $27

MLS Listing ID PA1265449

Annual Tax Amount $19,893

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Commercial

Source rmlsa

Property Description

309 & 311 Main Street in downtown Peoria, Illinois are a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 21,915 SF multi-use complex offers a rare combination of historic character and diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, the property consists of two interconnected three-story buildings with a unique mix of retail, office, residential and restaurant space, anchored by a specialized theater venue. The buildings are fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Properties are sold as-is, where is with no guarantees. Established tenants in 309 Main Street - Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.

Location

State IL

County Peoria

Area Paar Area

Zoning B-1

Direction Main Street near the Adams Intersection

Interior

Heating Other

Cooling Other

Flooring Carpet, Concrete, Other, Tile

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Faces Main Street near the Adams Intersection

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Ornamental Block,Other,Frame,Stone

Others

Tax ID 18-09-256-041

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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309-311 MAIN ST

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