311 SW Water Street #3 4
Peoria, IL 61602
We are pleased to present the opportunity to acquire a premier residential portfolio within the Waterfront Place building. This offering includes the entirety of the 3rd and 4th floors (23 luxury loft apartments), a usable 3rd-story rooftop deck, and building air rights. Situated in a renovated 1900 brick-and-timber warehouse, this asset perfectly blends historic industrial charm with modern amenities. Located in the vibrant Peoria Warehouse District and boardering the Central Business District, the property sits adjacent to the OSF IT Headquarters, the Peoria Riverfront Museum, and the Caterpillar Visitor’s Center, ensuring a consistent demand from high-quality tenants. The property is zoned B1 and located in the River Edge Redevelopment District. Full financials available with NDA.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: None -
Roofing Information
Rubber -
Interior Features
Elevator, High Speed Internet Roof: Rubber Appliances: Electric Water Heater, Refrigerator, Water Heater, Range, Dryer, Dishwasher Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1900 Building Area Total: 20038 Construction Materials: Brick Private Pool: No View: River Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 0x0 Lot Description: LevelProperty Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: PAAR Area Property SubType: Multi Family Property Age: 126
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Listing Price Information
Listing Price: $3500000
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Tax Information
Parcel Number: 18-09-413-003 Tax Year: 2025 Annual Tax: $45827.76 Tax Legal Desc: Attached
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Parking Information
On Street, OtherHomeowners Association InformationHas Association: Yes
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School Information
Elementary School: Elise Ford Allen AcademyJunior High School: Elise Ford Allen AcademySenior High School: Manual -
Utility Information
Cable Available -
Location Information
Direction: From Main, Right on Water WaterSource: Public
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Based on information submitted to the MLS GRID as of 06/21/2026 @ 09:27. 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.
ByOwner last updated this listing 06/21/2026 @ 09:27
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