311 SW WATER Street #3 & 4, Peoria, IL 61602 (MLS # PA1263754)

Price $3,500,000
Status Active
Beds 0
Baths 0 Bath
Home size 20,038 sqft
Lot Size n/a
Days on Market 92
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 Type(s): Multi Family
Last Updated 1/30/2026 Tract None
Year Built 1900 Community PAAR Area
County Peoria

SCHOOLS

Elementary School Elise Ford Allen Academy
Jr. High School Elise Ford Allen Academy
High School Manual

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Water Heater
AREA PAAR Area
BASEMENT None
CONSTRUCTION Brick
HEAT Electric, Forced Air
HOA DUES Monthly
INTERIOR Elevator, High Speed Internet
LOT DESCRIPTION Level
LOT DIMENSIONS 0x0
PARKING On Street, Other
SEWER Public Sewer
SUBDIVISION None
TAXES 45827.76
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION River
WATER Public
Listing provided by Mark D Ferrill, RE/MAX Traders Unlimited, Mobile: 309-657-3685

RMLS Alliance

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 6:47 AM PDT. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

MLSGrid Logo

This IDX solution is (c) Diverse Solutions 2026.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Kimberly Hall to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend