River Plaza

2 News Plaza Peoria, IL 61614

2 News Plaza, Peoria, IL, 61614
2 News Plaza, Peoria, IL, 61614 2 News Plaza, Peoria, IL, 61614 2 News Plaza, Peoria, IL, 61614 2 News Plaza, Peoria, IL, 61614
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,021,000
Last Verified:
Apr 04, 2025

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Highlights

  • 3-story office building on ±5 acres
  • Building is fully sprinklered and offers river views from many of the offices
  • Unit 101 on the first floor & the entire 3rd floor are leased
  • Attached parking deck for ±50 cars & additional surface parking for ±70 cars
  • Additional investment information available upon signing a Confidentiality Agreement

Description

This impressive 38,904 SF, 3-story office building sits on ±5 acres of land, boasting stunning river views from numerous offices. Fully sprinklered, with attached parking deck for ±50 cars and additional surface parking for ±70 cars, this property is designed for convenience. Currently, the third floor is fully leased and unit 101 is also leased on the first floor, ensuring immediate returns for investors. Zoned C2, this premier property is an ideal investment for those seeking a lucrative office building opportunity in the heart of Peoria.

Discover the vibrant surroundings of the Peoria area, where the property is perfectly positioned at the heart of dynamic commercial activity. Nestled within reach of the Northwoods Mall, the Shoppes at Grand Prairie, and Junction City, this locale offers an array of shopping and dining options. The nearby Rock Island Trail provides a scenic pathway for outdoor enthusiasts, while the Peoria Riverfront Museum and Caterpillar Visitors Center offer cultural and educational pursuits. With effortless access to Interstate 74 and proximity to the Peoria International Airport, the area seamlessly blends convenience and connectivity for businesses and professionals seeking an optimal location for an office or office building.

Building Size: 38904sq ft
Building Class: B
Lot Size: 5.05 acres


Documents

2 News Plaza

Map of 2 News Plaza, Peoria, IL, 61614

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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
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  • 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.