214 Pecan St., Peoria, IL, 61602

214 Pecan St. Peoria, IL 61602

214 Pecan St., Peoria, IL, 61602
214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602 214 Pecan St., Peoria, IL, 61602
FOR LEASE
Property Type:
Other Office
Amount:
Please Call Broker for Price

Last Verified:
Aug 27, 2024

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Description

Fully renovated historic building converted into a mixed use development.
6,100 SF of unique loft office space available for lease in the Warehouse District. Divisible down to 2,757 SF and 2,336 SF.
Detailed attention to the historical preservation of the original architectural design was a primary focus of the developer.
2nd and 3rd floor consists of 18 one and two bedroom apartments with original maple flooring, barn door style doors and many other custom features.
Apartments are currently 100% leased.
Full 6,100 SF commercial space is set up with a large open work area, 8 private offices, break room and a men’s and women’s restroom.
Brick & timber loft space with exposed concrete floors and tall ceilings.

BALLANCE ADDN SW 1/4 SEC 9-8-8E THE SELY 96' LOTS 5 & 6 BLOCK 60 (92-29817)


Year Built: 1920
Building Size: 6100sq ft
Building Class: B
Lot Size: 0 acres


Documents

214 Pecan Brochure_8.23.24.pdf

Units for Lease

214 Pecan St
Space Available: 6100 SF
Lease Type: NNN

Price Per Sqft/Month: $11.75

Map of 214 Pecan St., Peoria, IL, 61602

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.