$349,000
NEW CONSTRUCTION $16K PRICE DROP

1001 SW Adams St Unit 204 Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated payment $2,356/month

Total Views 10,804
1 Bed
2 Baths
1,110 Sq Ft
$314 Price per Sq Ft

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Richwoods High School Rated A-
  • Ceiling Fan
  • High Speed Internet

About This Home

Residents will enjoy the best of downtown paired with the unique charm of a true historic landmark with these condos. Built in 1917, Once home to the thriving Manufacturing Company that produced the beloved “Princess Peggy” women’s housecoats, this iconic building has been thoughtfully reimagined into Chic Condos—a boutique collection of just 22 units. Offering 8+ unique floor plan styles, each residence has been carefully designed to showcase the building’s historic character—while blending in the comforts of modern living. Located in the heart of Peoria’s growing Warehouse District, this one-bedroom, two-bath unit offers soaring ceiling heights, exposed details, custom oversized windows, and a private balcony that floods the space with natural light. The spacious kitchen is designed for both style and functionality, while the primary suite features a luxurious tile shower. Additional highlights include secure covered parking, elevator access, digital key-coded entry, and high-end HVAC to maintain temperature and moisture controls. This is your chance to experience the perfect blend of historic character and modern convenience in one of Peoria’s most desirable downtown locations. The basement common area is equipped with a rough-in for an oversized washer and dryer, along with a convenient pet wash station. Best of all, this community is proudly pet-friendly!

Listing Agent

Sarah Knickerbocker

RE/MAX Traders Unlimited Brokerage Phone: 309-258-8270 License #471.020447 Listed on: 08/21/2025

RE/MAX Traders Unlimited

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,528

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Parking Garage Space

Home Design

  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 1,110 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Manual High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, snow removal, common area maintenance, security, common area taxes, trash, lawn care

Listing and Financial Details

  • Assessor Parcel Number 18-09-354-016

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,528

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2025
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Attribution Contact: Mobile: 309-258-8270
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Partial, Unfinished
  • Accessibility Features: Elevator, Handicap Access, Main Level Entry, Wide Hallways
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Internet
  • Living Area: 1110
  • Stories: 3
  • KitchenDining: Dining Informal,Island

Exterior Features

  • Lot Features: Level
  • Construction Type: Block, Steel Frame, Brick
  • Foundation Details: Block
  • Roof: Other, Rubber
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: EV Charger, Gravel, Parking Garage, Common

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Electric Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes
  • ElevatorServed: 1
  • PowerProductionYN: No

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Lawn Care, Maintenance Grounds, Security, Snow Removal, Common Area Taxes, Trash
  • Senior Community: No
  • Association #2 Fee: 150
  • MandatoryMonthlyFee: Yes
  • MandatoryAnnualFee: No
  • CondoProject: Chic Flats LLC

Schools

  • High School: Manual

Lot Info

  • Zoning: Residential
  • Development Status: Completed
  • Lot Size: 112x60
  • Parcel #: 18-09-354-016

Green Features

  • Efficiency: Construction, Other/See Remarks

Rental Info

  • RentalAllowed: 1

Tax Info

  • Tax Year: 2025
  • TaxExemptions: None

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,528 $138,510 $40,670 $97,840
2023 $10,163 $108,020 $21,940 $86,080
2022 $7,691 $79,730 $10,640 $69,090
2021 $7,926 $79,730 $10,640 $69,090
2020 $7,989 $79,730 $10,640 $69,090
2019 $8,105 $81,360 $10,860 $70,500
2018 $7,746 $79,540 $9,050 $70,490
2017 $7,745 $80,340 $9,140 $71,200
2016 $7,529 $80,340 $9,140 $71,200
2015 $5,300 $78,760 $8,960 $69,800
2014 $5,237 $57,580 $8,390 $49,190
2013 -- $57,580 $8,390 $49,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Price Changed $349,000 -4.4% $314 / Sq Ft
08/21/2025 08/21/25 For Sale $365,000 -- $329 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 Cusack Gilfillan Llc
Warranty Deed $825,000 Cusack Gilfillan Llc
Grant Deed $295,000 Other
Warranty Deed $295,000 None Listed On Document
Deed $140,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,870,000 Construction
Closed $1,870,000 Construction
Previous Owner $556,500 Construction
Closed $100,000 No Value Available
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1260376

RMLS Alliance

APN: 18-09-354-013