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

Peoria
Local realty services provided by:CENTURY 21 Tucker Swanson
311 SW Water Street #3 & 4,Peoria, IL 61602
$3,500,000
  • - Beds
  • - Baths
  • 20,038 sq. ft.
  • Multi-family
  • Active
Listed by: mark ferrill, ryan cannon
Office: re/max traders unlimited
MLS#:PA1263754
Source:IL_CAAR

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$174.67

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:PA1263754
  • Added:92 day(s) ago
  • Updated:May 03, 2026 at 02:23 PM

Rooms and interior

  • Basement:Yes
  • Living area:20,038 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Electric Water Heater, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:20,038 sq. ft.
  • Construction Materials:Brick
  • Exterior Features:Rec Area

Schools

  • High school:Manual
  • Middle school:Elise Ford Allen Academy
  • Elementary school:Elise Ford Allen Academy

Utilities

  • Water:Public

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$174.67
  • Tax amount:$45,827 (2025)

Features and amenities

  • Amenities:Cable Available, High Speed Internet

Parking

  • Parking description:On Street

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