311 West John H Gwynn Junior Avenue, Peoria, IL, 61605

311 West John H Gwynn Junior Avenue Peoria, IL 61605

311 West John H Gwynn Junior Avenue, Peoria, IL, 61605
311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605
FOR SALE
Property Type:
Single Tenant Office
Amount:
$1,300,000
Last Verified:
Mar 21, 2024

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Description

14,000 SF Freestanding commercial office building for sale in downtown Peoria,
Layout includes a secured private reception/waiting area, 25 private offices, 2 conference rooms, large classroom, several storage rooms/work areas, 16 open workstations setup and 4 restrooms.
Small warehouse area with an overhead door on the North end of the building with a sprinkler system in this section.
Adjacent businesses includes OSF Healthcare, Great Plains Orthopedics, American Red Cross and Caterpillar.
Property is easily accessible from anywhere in the tri-county area with convenient access of I-74 and Route 40.
Property has been well maintained.

MONSON & SANFORD'S ADD NW 1/4 SEC 9-8-8E BEG 24' N OF SE COR BLK 56: TH N 287.57' W 265.06' S 287.57' E 265.11' TO POB BEING ALL LOTS 2 THRU 5 & PT LOTS 1 & 6 BLK 56 ALL VAC STATE ST LYING W & ADJ THERETO

Building Size: 14000sq ft
Building Class: B
Lot Size: 1.75 acres


Documents

311 John Gwynn Brochure_FEB2024.pdf

Map of 311 West John H Gwynn Junior Avenue, Peoria, IL, 61605

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.