311 SW WATER ST #3 & 4, Peoria, IL 61602
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311 SW WATER ST #3 & 4, Peoria, IL 61602
311 SW WATER ST #3 & 4, Peoria, IL 61602
311 SW WATER ST #3 & 4, Peoria, IL 61602
311 SW WATER ST #3 & 4, Peoria, IL 61602
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Listed by MarkD Ferrill • RE/MAX Traders Unlimited
$ 3,500,000
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311 SW WATER ST #3 & 4 Peoria, IL 61602

20,038 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 20,038 sqft

Price per Sqft $174

MLS Listing ID PA1263754

Maintenance Fees $9,282

Year Built 1900

Annual Tax Amount $45,827

Tax Year 2025

Property Sub-Type Residential Income

Source rmlsa

Property 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.

Location

State IL

County Peoria

Area Paar Area

Zoning B1

Direction From Main, Right on Water

Rooms

Basement None

Interior

Interior Features Cable Available, Elevator, High Speed Internet

Heating Electric, Forced Air, Electric Water Heater

Cooling Central Air

Fireplace N

Laundry Common Area, Owned Equipment

Exterior

Exterior Feature Rec Area

View true

Roof Type Rubber

Street Surface Paved

Accessibility Elevator, Handicap Access

Handicap Access Elevator, Handicap Access

Garage 1

Building

Lot Description Level, River View

Faces From Main, Right on Water

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1650,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1409121Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1550,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1409121Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1450,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1409121Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1350,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1409121Group_4\"}]

Foundation Brick/Mortar

Water Public Sewer, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Elise Ford Allen Academy

Middle Schools Elise Ford Allen Academy

High Schools Manual

Others

Tax ID 18-09-413-003


Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
EXP Illinois

+1(800) 111-7777

exp_illinois@exprealty.com

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311 SW WATER ST #3 & 4