Regency Plaza

222 NE Monroe Street, Peoria, IL 61602

  • For Sale $2,250,000
  • Property Type Office - General Office
  • Property Size 272,875 SF
  • Units 9
  • Lot Size 0.77 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 554
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated Oct 30, 2024
This commercial real estate opportunity is located in Peoria's Central Business District downtown. This location provides immediate access to Interstate 74 and with beautiful river views and picturesque cityscapes, this building is in the middle of the action. Sitting directly across from the Four Points by Sheraton, this building has nearby amenities of nearly every kind. From food to lodging to transportation, this opportunity is well positioned.Introducing 222 NE Monroe Street, Peoria, IL – a prime commercial investment opportunity. This sprawling 272,875 SF mixed-use property boasts a 7-story covered parking deck with 554± parking stalls, offering convenience for tenants and visitors as well as income for investors. With 55,815± SF of net rentable multi-tenant office spaces across the 1st, 8th, and 9th floors, this property presents a good investment opportunity in the thriving Downtown Business zone. Currently at 35.7% occupancy, there's significant potential for expansion and increased returns. Explore purchase incentives and investment advantages, and secure a promising future with this property.Welcome to 222 NE Monroe Street, Peoria, IL. This property offers a 2,118 SF office suite on the main floor, along with 27,560 SF available on the entire 8th floor and an additional 2,392 SF available on the 9th floor. Take advantage of prominent building signage opportunities to elevate your business presence. With prime leasing options and versatile space, this property presents an ideal setting for businesses to thrive. Seize this chance to secure your place in this great location and elevate your operations to new heights.

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Attachments

Highlights

  • 272,875 sf mixed use property
  • 204,516 sf covered parking deck
  • 7-story deck with 554± parking stalls
  • 55,815± sf Net rentable multi-tenant office spaces
  • Offices located on 1st, 8th, & 9th floors
  • Purchase Incentives
  • Link to Hospitality TIF
  • Link to River Edge Development
  • Contact Broker for financial information

Contacts

broker

Jason Miller

Maloof Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Peoria, IL
  • Neighborhood Downtown Peoria
  • Zip Code 61602

Points of Interest

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    0.24 miles

  • BP

    0.25 miles

  • Tesla Motors Destination Charger

    0.39 miles

  • Shell

    0.96 miles

  • Huck's

    1.01 miles

  • Tesla Supercharger

    1.08 miles

  • Circle K

    1.97 miles

  • Costco Gasoline

    2.00 miles

  • ChargePoint

    3.48 miles

  • Parking for South Side Office of Concern

    0.08 miles

  • Parking for Busey Bank

    0.10 miles

  • Parking for Peoria Public Library employees

    0.13 miles

  • Parking for Peoria First United Methodist Church employees

    0.14 miles

  • Parking for Central Illinois Agency on Aging

    0.15 miles

  • Parking for Peoria First United Methodist Church

    0.16 miles

  • Parking for 700 Main & Peoria First United Methodist Church

    0.17 miles

  • Hamilton Square Parking

    0.19 miles

  • Parking for the Mark Twain Hotel

    0.20 miles

  • Parking for Sacred Heart

    0.22 miles

  • Four Points by Sheraton Peoria

    0.04 miles

  • Courtyard

    0.17 miles

  • Peoria Marriott Pere Marquette Hotel

    0.18 miles

  • Mark Twain Boutique Hotel

    0.22 miles

  • Staybridge Suites Peoria Downtown

    0.41 miles

  • Embassy Suites

    0.85 miles

  • Holiday Inn Express & Suites

    1.07 miles

  • Holiday Inn

    1.59 miles

  • Fairfield Inn & Suites

    1.79 miles

  • Residence Inn

    1.79 miles

  • Craft 309 Kitchen

    0.05 miles

  • Obed & Isaac's

    0.09 miles

  • Subway

    0.13 miles

  • Hoops Pub & Pizza

    0.14 miles

  • Rumburger's Wings & More

    0.15 miles

  • Something 2 Taco 'bout

    0.18 miles

  • Jim's Steakhouse

    0.24 miles

  • Jimmy John's

    0.37 miles

  • Blue Duck Barbecue Tavern

    0.53 miles

  • Steak 'n Shake

    0.82 miles

  • Irving Primary School

    0.35 miles

  • Robert Morris University Illinois—Peoria Campus

    0.40 miles

  • University of Illinois College of Medicine at Peoria

    0.43 miles

  • Valeska Hinton Early Childhood Education Center

    0.85 miles

  • Peoria High School

    0.93 miles

  • Franklin Primary School

    0.97 miles

  • Saint Andrews Day Care Center

    1.10 miles

  • Saint Mark's School

    1.15 miles

  • Lincoln K-8 School

    1.16 miles

  • Glen Oak Community Learning Center

    1.19 miles

  • Salvation Army Child Care Center

    0.25 miles

  • Crittenton Centers

    0.69 miles

  • Kinder Care Learning Center

    2.66 miles

  • Pierson Hills Early Childhood Education Center

    2.70 miles

  • Faithful Heart Childcare

    6.38 miles

  • Little Oaks

    7.85 miles

  • Little Friends Learning Center

    8.29 miles

  • Pumpkin Place

    9.43 miles

Frequently Asked Questions

How much does Regency Plaza cost?

The space currently listed for sale at Regency Plaza asks for $2,250,000.

What is the total square footage of Regency Plaza?

Regency Plaza totals 272,875 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jason Miller

Maloof Commercial Real Estate