www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29454037
29454049

311 SW WATER Street #3 & 4, Peoria, IL 61602

Re/Max Traders Unlimited
RE/MAX Traders Unlimited
Listed by Re/Max Traders Unlimited, RE/MAX Traders Unlimited
$3,500,000
126 days on market
Updated 32 days ago
Opportunity zone

Waterfront Place

Details
APN 18-09-413-003
Property Type Multifamily, Office (+1)
Sub Type Apartment Building, Traditional Office (+2)
Units 23
Year Built 1900
Lot Size (SqFt) 20,038
Zoning B1

Multifamily | 23 Units

Marketing 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.
Icon
Powered by RMLS Alliance
Learn More

Listing Contacts

Re/Max Traders Unlimited
RE/MAX Traders Unlimited
Listed by Re/Max Traders Unlimited, RE/MAX Traders Unlimited

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591