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400 NE JEFFERSON AVE Peoria, IL 61603

$799,900

Listed By Jim Maloof/REALTOR, Jared O Brien

Bedrooms

Total Baths

Full Baths

31,694

Square Feet

0.65

Acres

1925

Year Built

Active

Status

MLS#

PA1239062

What a fantastic real estate opportunity! This beautiful 5 story brick building is located directly off of I74 in the heart of downtown Peoria. With panoramic river views and overlooking the festive lights of the Murray Baker Bridge, you will quickly see how locations like this one are few and far between. The 1st & 3rd floors were renovated in 2019 with new carpet and fresh paint, the 1st floor bathrooms were renovated as well in 2019. Heating system is 5yrs old. Each room is wired for T3. Current lease income is $12,888 monthly. Security system is 4 yrs old and stays with the sale of the property. Barrell style roof. Total square footage is 31,694. Additional income available as nearly 2 floors are unoccupied. Current tenants would prefer to continue their leases. Come see what makes this property so special, please enjoy your tour!

Details for 400 NE JEFFERSON AVE

Year Built
1925
Parking
57
Price / Sq Ft
$25
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
81 Days
Acres
0.65

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Jim Maloof/REALTOR, 309-697-3900

MLS# PA1239062

Updated 5:10AM - 2/4/2023

Listing Agent Jared O Brien, 309-256-4374

Based on information from the RMLS Alliance, LLC. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. ©Copyright© 2022 RMLS Alliance, LLC All rights reserved.

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