817 NE ADAMS Street

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817 NE ADAMS Street

Peoria, IL 61603
Asking Price
$250K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office asset spanning 5,700 square feet of interior space
  • Acquisition price set at 249,900 dollars for the property
  • Located at 817 NE Adams Street within the city of Peoria
  • Functional layout suitable for professional service firms or corporate use
  • Situated in a well-established Illinois submarket with regional economic activity

What's Special

Professional services firms seeking a centralized Peoria location will find this 5,700 square foot traditional office space well-suited for administrative operations or client-facing business activities. Situated at 817 NE Adams Street, the property provides functional square footage for a range of corporate headquarters or satellite branch requirements. The building layout allows for efficient workstation arrangements and private office configurations, catering to organizations focused on long-term operational stability in the Illinois market. Peoria remains a significant economic hub within the region, supported by a diverse base of established employers and consistent demand for centrally located commercial real estate. This asset offers immediate proximity to major local thoroughfares, facilitating access for employees and visitors navigating the greater metropolitan area. With its strategic placement in a recognized commercial corridor, the site presents a practical acquisition for investors or owner-occupants looking to establish a footprint in this industrious submarket.

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NOI
$80,000
Cap Rate
32.01%
DSCR
5.39
Strong
Cash-on-Cash
86.92%
Monthly Payment
$1,236.369
Annual Cash Flow
$65,163.574

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