Becker Office Building — Sale in Peoria, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Peoria, IL 61602

Photos

Becker Office Building — Sale in Peoria, IL, photo 1 of 4
Becker Office Building — Sale in Peoria, IL, photo 2 of 4
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Becker Office Building — Sale in Peoria, IL, photo 4 of 4

Investment Figures

Cap rate
9.18%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 401 Main Street, a Class A, 16-story office building located in the heart of downtown Peoria’s central business district. Commonly known as the Becker Building, the Property offers a premier office environment with strong visibility, professional finishes, and panoramic views of the Illinois River, making it one of the most desirable office locations in the Peoria market. The Property consists of approximately 229,040 square feet of rentable building area situated on a 1.11-acre site. Built in 1993, the building features modern construction and multiple suites currently available for lease, providing flexibility for both investors and owner-users. The Property is supported by onsite parking and offers tenants a high-quality office environment with attractive common areas and scenic river views. Investment Highlights: • 'THE' CLASS 'A' OFFICE BLD IN THE HEART OF PEORIA, IL CBD • A PREMIER OFFICE ENVIRONMENT WITH STRONG VISIBILITY, PROFESSIONAL FINISHES AND THE MOST DESIRABLE LOCATION IN THE PEORIA MARKET. • 162,412 SQUARE FEET OF RBA ON A 1.11 ACRE LAND SITE WITH INDOOR PARKING GARAGE

Market Context

This office in Peoria, IL is listed for sale. It is offered at an approximate 9.2% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Peoria, IL — view the full market.

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