$369,000
NEW CONSTRUCTION $26K PRICE DROP

1001 SW Adams St Unit 207 Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated payment $2,475/month

Total Views 65,940
2 Beds
2 Baths
1,375 Sq Ft
$268 Price per Sq Ft

Highlights

  • New Construction
  • Deck
  • Forced Air Heating and Cooling System
  • Richwoods High School Rated A-
  • Solid Surface Countertops
  • Ceiling Fan

About This Home

Step into downtown living with a touch of history at these stunning condos in one of Peoria's most iconic landmarks. Originally built in 1917, this former Manufacturing Company, once known for producing the beloved Princess Peggy women's housecoats, has been thoughtfully transformed into Chic Condos, a boutique collection of just 22 residences. With 8+ unique floor plan styles, each home blends the building's historic character with the conveniences of modern design. This two-bedroom, two-bath unit features soaring ceilings, exposed architectural details, custom oversized windows, and a private balcony that fills the space with natural light. The kitchen pairs style with functionality, while the primary suite offers a spa-inspired tile shower. Residents will also enjoy secure covered parking, elevator access, digital key-coded entry, and a high-efficiency HVAC system for comfort year-round. The building's pet-friendly amenities include a basement-level pet wash station and a rough-in for an oversized washer and dryer. As an added bonus, owners will receive two years of free parking in the soon-to-be-completed garage. Located in the heart of Peoria's thriving Warehouse District, you'll be just steps from downtown dining, shopping, and entertainment. This home offers the perfect combination of historic charm, modern comfort, and unbeatable convenience.

Listing Agent

Candace Martin

eXp Realty License #471.021891 Listed on: 08/21/2025

eXp Realty

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
  • Parking Pad
  • On-Street Parking
  • Parking Garage Space

Home Design

  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

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 common area maintenance, maintenance structure, lawn care, ground maintenance, security, snow removal, common area taxes, trash
  • Voris Subdivision

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
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range Hood, Microwave, Range, Refrigerator, Washer
  • Basement: Partial, Unfinished
  • Other Equipment: Intercom
  • Accessibility Features: Elevator, Handicap Access, Wide Hallways
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Internet, Solid Surface Counter
  • Living Area: 1375
  • Stories: 3
  • KitchenDining: Dining/Living Combo,Eat-In Kitchen,Island

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Block, Steel Frame, Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Other, Rubber
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: EV Charger, Guest, On Street, Parking Garage, Parking Pad, Common

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Electric Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes
  • ElevatorServed: 1

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Structure, 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 Condominiums
  • DevelopmentName: Chic Flats LLC

Schools

  • High School: Manual

Lot Info

  • Development Status: Completed
  • Parcel #: 18-09-354-016
  • ZonedAgricultural: No

Green Features

  • Efficiency: Appliances, Construction, Other/See Remarks, Insulation

Rental Info

  • RentalAllowed: 1

Tax Info

  • Tax Year: 2025
  • TaxExemptions: None

Map

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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
10/01/2025 10/01/25 Price Changed $369,000 -6.6% $268 / Sq Ft
08/21/2025 08/21/25 For Sale $395,000 -- $287 / 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: PA1260385

RMLS Alliance

APN: 18-09-354-013