Overview

Description

Nathan Steinwedel of KW Commercial and Bryson Smith of Keller Williams Premier Realty are pleased to present the listing of 2020 W. War Memorial Dr. in Peoria IL. This professional office building is centrally located in the heart of Peoria at the Junction of I-74 and State Route 150. This location offers the ability to commute anywhere in the Peoria metro area in minutes. While being adjacent to major traffic routes, this building sits in a peaceful wooded setting. This well maintained property boasts masonry construction with ample parking. There is an abundance of amenities adjacent to this this property including but not limited to dining, shopping, and hotel facilities. This property also offers a significant value add for the investor and owner occupant.

Peoria Illinois is part of the Greater Peoria Metro Area consisting of a total population in excess of 360,000. Home to the University of Illinois College of Medicine, OSF, Proctor, Unity Point hospitals, and many more innovative and cutting edge medical facilities such as the Illinois Cancer Center. More than 26% of the workforce is employed by the medical community. OSF is a world leader in medical technology and training and houses the JUMP training center in downtown Peoria. In 2018, USA Today listed Peoria as the 22nd most innovative city in the United States based on the number of patents granted and 30% of the adult population with at least a bachelors degree. Beyond the medical field, Peoria has a rapidly expanding revitalization of the Warehouse District just South of the Downtown area. This is generating new small businesses and bringing in significant outside investments. This has also been a significant investment put into the Riverfront area generating a hub of entertainment such as festivals, concerts, dining, and more. Peoria is also home to RLI, Bradley University, and host of significant other top performing businesses. Caterpillar having moved its top 300 executives out of the area, still maintains a large portion of its manufacturing, engineering, and research in the area. Caterpillar has also renovated its cooperate offices in the downtown area in the last year signaling no intention to move any further jobs out of the area.

Highlights

• Located Near the Junction of I-74 and State Rt. 150
• Shopping, Dining, and Hotels Adjacent to Property
• Masonry Construction
• Ample Parking
• Professionally Maintained Property
• No Significant Deferred Maintenance
• Significant Value Add Ability

Documents

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