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10,500 sqft

$300,000

456 FULTON Street Unit: 298, Peoria IL, 61602

Price per sqft$28.57
Property size10,500 sqft
Property typeCommercial
Courtesy of eXp Realty, Listing Contact:

Overview

Active

Listed May 14, 2026

Updated 47 min ago

10,500+ Sq Ft Downtown Peoria Office Space – Iconic Twin Towers Positive Net Annual Cashflow: $53,000 NOI!! Gross Annual Revenue: $112,500 Potential Gross Annual Revenue: $180,000+ Potential Net Operating Income: $121,051 HUGE UPSIDE POTENTIAL! Rare opportunity to own a large office presence in downtown Peoria. Located in the Twin Towers, this offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, 18-09-211-023. Closest Google Pin to Peoria, IL! Establish your business in the heart of Downtown Peoria! Excellent location! Several long-term leases in place: Property is currently generating a Gross Annual Revenue of $112,500. The property produces a positive net annual revenue of $53,000 annually. Selling at a 17.73% Cap Rate! Vacant space could be used for additional income- potential cap rate at full occupancy is over 60%!! HUGE UPSIDE OPPORTUNITY! Layout includes: • Executive Meeting Room • Junior Executive Meeting Room • 16–18 cubicles • 6-8 Private offices • Co-working, reception, break room, storage Office furniture and cubicles (~$60K value) included. Potential SBA 504 eligibility for owner-occupants using 51%+ of space. Access to tenant-occupied areas require accepted LOI for walkthrough. Seller is motivated - Submit your offer for review. Considering all offers!

Additional information

MLS® ID
PA1266558

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$8,258
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 8:07 PM 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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