Contacts

Jason Miller

Maloof Commercial Real Estate

Property Details

Property Type Office - General Office
Property Size 272,875 SF
Units 9
Lot Size 0.77 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 554
Property Tenancy Multi-Tenant
Building Class B
Date Updated Oct 30, 2024

This commercial real estate opportunity is located in Peoria's Central Business District downtown. This location provides immediate access to Interstate 74 and with beautiful river views and picturesque cityscapes, this building is in the middle of the action. Sitting directly across from the Four Points by Sheraton, this building has nearby amenities of nearly every kind. From food to lodging to transportation, this opportunity is well positioned.Introducing 222 NE Monroe Street, Peoria, IL – a prime commercial investment opportunity. This sprawling 272,875 SF mixed-use property boasts a 7-story covered parking deck with 554± parking stalls, offering convenience for tenants and visitors as well as income for investors. With 55,815± SF of net rentable multi-tenant office spaces across the 1st, 8th, and 9th floors, this property presents a good investment opportunity in the thriving Downtown Business zone. Currently at 35.7% occupancy, there's significant potential for expansion and increased returns. Explore purchase incentives and investment advantages, and secure a promising future with this property.Welcome to 222 NE Monroe Street, Peoria, IL. This property offers a 2,118 SF office suite on the main floor, along with 27,560 SF available on the entire 8th floor and an additional 2,392 SF available on the 9th floor. Take advantage of prominent building signage opportunities to elevate your business presence. With prime leasing options and versatile space, this property presents an ideal setting for businesses to thrive. Seize this chance to secure your place in this great location and elevate your operations to new heights.

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Highlights

272,875 sf mixed use property
204,516 sf covered parking deck
7-story deck with 554± parking stalls
55,815± sf Net rentable multi-tenant office spaces
Offices located on 1st, 8th, & 9th floors
Purchase Incentives
Link to Hospitality TIF
Link to River Edge Development
Contact Broker for financial information

Attachments

Getting around

76/100
Walk Score ®
50/100
Transit Score ®
53/100
Bike Score ®

Powered by Walk Score ®

City Peoria, IL
Neighborhood Downtown Peoria
Zip Code 61602

Points of Interest

BP Gas Station/Red Carpet Carwash/Convenience Store

0.24 miles
BP

0.25 miles
Tesla Motors Destination Charger

0.39 miles
Shell

0.96 miles
Huck's

1.01 miles
Tesla Supercharger

1.08 miles
Circle K

1.97 miles
Costco Gasoline

2.00 miles
ChargePoint

3.48 miles

Parking for South Side Office of Concern

0.08 miles
Parking for Busey Bank

0.10 miles
Parking for Peoria Public Library employees

0.13 miles
Parking for Peoria First United Methodist Church employees

0.14 miles
Parking for Central Illinois Agency on Aging

0.15 miles
Parking for Peoria First United Methodist Church

0.16 miles
Parking for 700 Main & Peoria First United Methodist Church

0.17 miles
Hamilton Square Parking

0.19 miles
Parking for the Mark Twain Hotel

0.20 miles
Parking for Sacred Heart

0.22 miles

Four Points by Sheraton Peoria

0.04 miles
Courtyard

0.17 miles
Peoria Marriott Pere Marquette Hotel

0.18 miles
Mark Twain Boutique Hotel

0.22 miles
Staybridge Suites Peoria Downtown

0.41 miles
Embassy Suites

0.85 miles
Holiday Inn Express & Suites

1.07 miles
Holiday Inn

1.59 miles
Fairfield Inn & Suites

1.79 miles
Residence Inn

1.79 miles

Walmart Supercenter

0.89 miles
ALDI

1.54 miles
Target

1.66 miles
Kohl's

1.91 miles
Kroger

2.22 miles
Walmart

2.60 miles
Big Lots

3.14 miles
Schnucks

3.61 miles
JCPenney

3.63 miles
Northwoods Mall

3.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.