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Peoria, IL 61606
$615,000
$570,000
This is a 4 unit commercial building. 2 of the 4 are occupied with State contract leases. Rent $7806 a month. The 2 larger units are occupied and that takes up 70% of the space. Unit A. Smaller unit. 1600 sq ft. Vacant. Conference room, men and womans bath, larger common area in center of all the offices where you would put copiers and has 6 offices in the suite. Common area in side the building is Vacant. Unit B - 4700 sqft. Dept of corrections Probation office. Lease is renewed on nov 1st for 5 years. $7806 They rent unit b and c. Unit C - 2600 sq ft. Dept of Juvenile Justice. Been there for 30 years. Once lease for both units B and C. Unit D - 1250 Sqft. Vacant. Set up with a conference room, 2 offices, 2 bathrooms, kitchenette , one large great big space. At one point they had a bunch of cubicles in the center space. This is a 12 cap as is property with 2 vacancies.
Listed: February 19, 2026 (88 days on market)
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