NOT LISTED FOR SALE

1009 SW Washington St Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated Value: $523,584

-- Bed
-- Bath
-- Sq Ft
1.98 Acres

About This Home

As of June 2018

BUILDING #4: Prime location for restaurant, office or warehouse. Open vaulted ceilings & skylights are hidden gems of this space. Total 76,850+ SF building footprint. Three (3) floors. ADA Accessible. 5 - 10 year leases available. Cantina Area for concerts and outdoor dining and events. Architecture compliments the surrounding streetscape of Peoria's Historic Downtown Warehouse District. PARKING - exclusive parking for tenants and visitors as well as public parking spaces. Dock door and Drive-up overhead doors available to suites for easy loading. Ceiling heights vary.

Last Agent to Rent the Property

Katie Kim

The Kim Group License #471020018 Listed on: 09/17/2018

Last Renter's Agent

Katie Kim

The Kim Group License #471020018 Listed on: 09/17/2018

Property Details

Property Type

  • Other

Year Built

  • Built in 1920

Lot Details

  • 1.98

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, internal maintenance, common area, common area maintenance, janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer, management, tenant pays
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 8
  • Lease Type: Net
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building, Sale/Lease Other
  • Tenant Pays: Real Estate Taxes, Insurance, Internal Maintenance, Common Area, Common Area Maint, Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer, Management, Tenant Pays Other
  • Terms Lease: 3 Years, 5 Years, Renewal Option, Month to Month, Other Term/Lease, N/A

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Retail
  • Lvt Date: 09/17/2018
  • Year Built: 1920
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 12
  • Maximum Ceiling Ht Inch: 12
  • Total Building Sq Ft: 76850
  • Estimated Lot Sq Ft: 86249.8

Exterior Features

  • Exterior Finish: Brick, Glass, Steel, Aluminum, Other Exterior Finish
  • Frontage Access: Paved 2Lane, Paved 4Lane, City Street, Other Frontage/Access
  • Insulation: Other Insulation, Partial, Party Walls, Roof, Side Walls, Sound
  • Roof Construction: Tar/Gravel, Membrane, Sloped, Other Roof Construction
  • Wall Construction: Block, Brick, Masonry, Other Wall Construction, Steel/ST Fram

Utilities

  • Cooling: Central Air, Individual Units, Water, None
  • Heating: Forced Air, Space Heater, Individual Units, Other Heating
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Cable, Fiber Optics

Lot Info

  • Estimated Number of Acres: 1.98
  • Zoning: INDUSTRIAL
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 6062.66
  • Parcel Id Number Tax Id: 1809356013
  • Estimated Taxes Sq Ft: 0.25
  • Tax Incentive: In City Limit, Enterprize Zone, Other Tax Incentive, TIF District
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Hi & Tech Investments Llc
Bought by
1009 Washington Llc
Current Estimated Value
$523,584
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1009 Washington Llc $385,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1009 Washington Llc $2,145,250
Closed 1009 Washington Llc $2,145,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 For Rent $94,761 0.0% --
06/01/2018 06/01/18 Rented $94,761 -77.6% --
06/01/2018 06/01/18 Rented $423,750 0.0% --
04/30/2018 04/30/18 Under Contract -- -- --
04/27/2018 04/27/18 Under Contract -- -- --
02/27/2018 02/27/18 For Rent $423,750 -- --
Source: RMLS Alliance

Tax History Compared to Growth

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 $54,934 $607,330 $125,960 $481,370
2023 $52,423 $557,180 $115,560 $441,620
2022 $48,707 $504,940 $70,080 $434,860
2021 $50,199 $504,940 $70,080 $434,860
2020 $47,534 $474,380 $70,080 $404,300
2019 $25,245 $253,410 $65,790 $187,620
2018 $6,108 $62,720 $29,440 $33,280
2017 $6,108 $63,360 $29,740 $33,620
2016 $5,938 $63,360 $29,740 $33,620
2015 $5,248 $62,120 $29,160 $32,960
2014 $5,185 $57,010 $24,000 $33,010
2013 -- $57,010 $24,000 $33,010
Source: Public Records

Agents Affiliated with this Home

  • Katie Kim

    Landlord's Agent in 2018

    Katie Kim

    The Kim Group

    (309) 693-9900

    31 Total Sales

    Katie Kim
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Map

Source: RMLS Alliance

MLS Number: RMAPA7033484

RMLS Alliance

APN: 18-09-356-013

Illinois Peoria County Peoria 61602 Downtown Peoria

1009 SW Washington St, Peoria, IL

This home is located at 1009 SW Washington St, Peoria, IL 61602 since 17 September 2018 and is currently priced at $523,584. This property was built in 1920. 1009 SW Washington St is a home located in Peoria County with nearby schools including Northmoor Primary School, Rolling Acres Middle School, and Richwoods High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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