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14,966 sqft

$199,000

311 MAIN Street, Peoria IL, 61602

Price per sqft$13.30
Property size14,966 sqft
Property typeCommercial
Courtesy of RE/MAX Traders Unlimited, Listing Contact:

Overview

Active

Listed Apr 8, 2026

Updated 10h ago

311 Main Street in downtown Peoria, Illinois is a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 14,966 SF multi-use complex offers a rare combination of historic character and potential diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, this three-story building with a unique mix of retail, office, residential and restaurant space is anchored by a specialized theater venue. The building is fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Property sold as-is, where is with no guarantees. Established tenants in 309 Main Street - Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.

Other Property Details

Taxes
$13,892
Tax Frequency
Annually
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:05 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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