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456 FULTON ST #298, Peoria, IL 61602
456 FULTON ST #298, Peoria, IL 61602
456 FULTON ST #298, Peoria, IL 61602
62
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Listed by Raul Rodriguez • eXp Realty
$300,000
Est. payment /mo
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10,500 SqFt
Price Dropped by $32K

456 FULTON ST #298 Peoria, IL 61602

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Kelly Dietz

Kelly Dietz

+1(563) 639-9400

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $28

MLS Listing ID PA1266558

Annual Tax Amount $8,258

Tax Year 2025

Property Sub-Type Commercial

Source rmlsa

Property Description

10,500+ Sq Ft Downtown Peoria Office Space – Iconic Twin Towers Positive Net Annual Cashflow: $53,000 NOI!! Gross Annual Revenue: $112,500 Potential Gross Annual Revenue: $180,000+ Potential Net Operating Income: $121,051 HUGE UPSIDE POTENTIAL! Rare opportunity to own a large office presence in downtown Peoria. Located in the Twin Towers, this offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, 18-09-211-023. Closest Google Pin to Peoria, IL! Establish your business in the heart of Downtown Peoria! Excellent location! Several long-term leases in place: Property is currently generating a Gross Annual Revenue of $112,500. The property produces a positive net annual revenue of $53,000 annually. Selling at a 17.73% Cap Rate! Vacant space could be used for additional income- potential cap rate at full occupancy is over 60%!! HUGE UPSIDE OPPORTUNITY! Layout includes: • Executive Meeting Room • Junior Executive Meeting Room • 16–18 cubicles • 6-8 Private offices • Co-working, reception, break room, storage Office furniture and cubicles (~$60K value) included. Potential SBA 504 eligibility for owner-occupants using 51%+ of space. Access to tenant-occupied areas require accepted LOI for walkthrough. Seller is motivated - Submit your offer for review. Considering all offers!

Location

State IL

County Peoria

Area Paar Area

Zoning B1

Direction From Main St in downtown Peoria, head north on Fulton St toward SW Jefferson Ave. Continue about 2 blocks and arrive at 456 Fulton St, Suite 289, on the right side of the street.

Interior

Heating Natural Gas

Cooling Central Air

Flooring Carpet

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Faces From Main St in downtown Peoria, head north on Fulton St toward SW Jefferson Ave. Continue about 2 blocks and arrive at 456 Fulton St, Suite 289, on the right side of the street.

Sewer Public Sewer

Structure Type Glass,Steel Frame

Others

Tax ID 18-09-211-022

Nearby Locations

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Kelly Dietz

Kelly Dietz

Agent

+1(563) 639-9400

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456 FULTON ST #298