• 311 SW WATER ST #3 & 4, Peoria, IL 61602
    311 SW WATER ST #3 & 4, Peoria, IL 61602
    311 SW WATER ST #3 & 4, Peoria, IL 61602
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    Listed by MarkD Ferrill • RE/MAX Traders Unlimited
    $3,500,000
    Est. payment /mo
    20,038 SqFt
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    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 20,038 sqft

    Price per Sqft $174

    MLS Listing ID PA1263676

    Year Built 1900

    Annual Tax Amount $45,827

    Tax Year 2025

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    We are pleased to present the opportunity to acquire a premier residential portfolio within the Waterfront Place building. This offering includes the entirety of the 3rd and 4th floors (23 luxury loft apartments), a usable 3rd-story rooftop deck, and building air rights. Situated in a renovated 1900 brick-and-timber warehouse, this asset perfectly blends historic industrial charm with modern amenities. Located in the vibrant Peoria Warehouse District and boardering the Central Business District, the property sits adjacent to the OSF IT Headquarters, the Peoria Riverfront Museum, and the Caterpillar Visitor's Center, ensuring a consistent demand from high-quality tenants. The property is zoned B1 and located in the River Edge Redevelopment District. Full financials available with NDA.

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning B1

    Direction From Main Street, Right on Water.

    Interior

    Heating Electric, Forced Air, Individual Unit, Zoned

    Cooling Central Air, Multi Units

    Flooring Carpet, Concrete, Tile, Wood

    Fireplace N

    Exterior

    View true

    Roof Type Membrane

    Garage 1

    Building

    Building Description Brick, Cable

    Faces From Main Street, Right on Water.

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Brick

    Others

    Tax ID 18-09-413-003

    Security Features Yes


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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