1601 NE Madison Ave - Churches FOR SALE


Peoria, IL 61603- Downtown Peoria
$289,000 USD
1601 NE Madison Ave, Peoria, IL for Sale
$289,000 USD
Churches - FOR SALE
1/40
null | Request Cap Rate

1601 NE Madison Ave
Peoria, IL 61603
Downtown Peoria


HIGHLIGHTS

  • Built in 1897 with over 9,600 sq. ft. and over 45 stained glass windows
  • The lower level offers functional amenities, including a large kitchen and pantry area, perfect for hosting events or gatherings
  • Lower full bathroom and a half bath. Three former classrooms have been converted into sleeping areas.
  • Lower level has its own walk-out exit, two separate staircase exits and an elevator, ensuring safety and accessibility
  • Stunningly beautiful stone church is a true architectural gem steeped in the rich history of Peoria

OVERVIEW

Cash, Conventional or Commercial Conventional

FOR SALE DETAILS

PRICE

$289,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall, Schools, Shelter

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1897

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R4

APN/PARCEL ID

18-03-252-016

ASK ABOUT THIS PROPERTY

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