600 SW Washington St

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Address: 600 SW Washington St, Peoria, IL 61602, USA
Chicago & Midwest + Land/Development
Created date: September 8, 2026
Date last updated: September 14, 2026
Price: $649,000Investment Analyzer NEW!

Property Description

Positioned at the center of Downtown Peoria’s continued revitalization, 600 SW Washington offers developers the opportunity to create a new project in an established urban district surrounded by businesses, entertainment, dining, residential and riverfront amenities. 52,272 SF Development site - 1.20 Acres Located within Peoria’s Warehouse District Just outside the Central Business District City water & sewer available Natural gas available Rare downtown in fill opportunity Excellent accessibility and visibility Walkable to downtown amenities Minutes from the Illinois Riverfront INCENTIVES: WAREHOUSE DISTRICT TIF City of Peoria’s active Warehouse District TIF, providing potential TIF assistance for qualifying redevelopment projects. RIVER EDGE REDEVELOPMENT ZONE Potential state incentives including building material sales-tax exemptions, investment tax credits, construction-jobs credits and environmental remediation incentives

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $649,000
Lot Size: 1.20 Acres
Opportunity Zone: No
Property Website Click Here
Address: 600 SW Washington St, Peoria, IL 61602, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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