About This Home

This 0-bedroom, 0-bathroom commercial at 456 FULTON Street #298 in Peoria, IL is listed for $300,000. on a 0.24 acres lot.

Key Features

  • 0.24 acre lot

Property Details

#298

Amenities

A/C
Listing Description

10,500+ Sq Ft Downtown Peoria Office Space - Iconic Twin Towers Positive Net Annual Cashflow: $53,000 NOI!! Gross Annual Revenue: $112,500 Potential Gross Annual Revenue: $180,000+ Potential Net Operating Income: $121,051 HUGE UPSIDE POTENTIAL! Rare opportunity to own a large office presence in downtown Peoria.

Located in the Twin Towers, this offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, 18-09-211-023. Closest Google Pin to Peoria, IL! Establish your business in the heart of Downtown Peoria! Excellent location! Several long-term leases in place: Property is currently generating a Gross Annual Revenue of $112,500.

The property produces a positive net annual revenue of $53,000 annually. Selling at a 17.73% Cap Rate! Vacant space could be used for additional income- potential cap rate at full occupancy is over 60%!! HUGE UPSIDE OPPORTUNITY! Layout includes: - Executive Meeting Room - Junior Executive Meeting Room - 16-18 cubicles - 6-8 Private offices - Co-working, reception, break room, storage Office furniture and cubicles (~$60K value) included.

Potential SBA 504 eligibility for owner-occupants using 51%+ of space. Access to tenant-occupied areas require accepted LOI for walkthrough. Seller is motivated - Submit your offer for review. Considering all offers!

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

456 FULTON Street #298

Peoria, IL 61602

Property Details

Flooring

Carpet

Construction

Glass Steel Frame

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 456 FULTON Street is listed at $300,000. The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.24 acre lot.

This property is listed by Raul Rodriguez.

RR

Raul Rodriguez

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 574-9405 · Broker website

MLS# PA1266558· Source: RMLS Alliance· 168 days on PropertySimple

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

456 FULTON Street #298, Peoria, IL 61602

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