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309-311 Main Street

Peoria, IL 61602
  • $599,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PA1265449
UPDATED: 8 min ago
$599,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

309 & 311 Main Street in downtown Peoria, Illinois are a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 21,915 SF multi-use complex offers a rare combination of historic character and diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, the property consists of two interconnected three-story buildings with a unique mix of retail, office, residential and restaurant space, anchored by a specialized theater venue. The buildings are fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Properties are sold as-is, where is with no guarantees. Established tenants in 309 Main Street - Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-20T23:44:49.413.
www.brysonsmithteam.com/homes/174949167
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309-311 Main Street Peoria, IL 61602

  • Price: $599,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 8 min ago
  • ID#: PA1265449
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
309 & 311 Main Street in downtown Peoria, Illinois are a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 21,915 SF multi-use complex offers a rare combination of historic character and diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, the property consists of two interconnected three-story buildings with a unique mix of retail, office, residential and restaurant space, anchored by a specialized theater venue. The buildings are fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Properties are sold as-is, where is with no guarantees. Established tenants in 309 Main Street - Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.
Exterior Features

Construction Materials BrickOrnamental BlockOtherFrameStone Outdoor Dining YN No Roof Flat

Interior Features

Bar YN Yes Building Area Total 21915 Cooling Other Flooring CarpetConcreteOtherTile Heating Other

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetPaved 4Lane Levels Three Or MoreMulti-TenantOther Possible Use Bar/TavernInvestmentOfficeOtherRestaurantRetail Sewer Public Sewer Sprinkler YN Yes Tax Annual Amount 19893.98 Tax Incentive1 Enterprize ZoneIn City LimitNone Tax Legal Description ORIGINAL TOWN OF PEORIA NE 1/4 SEC 9-8N-8E COMG ELY COR LOT 5 BLK 10 TH NW 88.04' TO POB: TH NW 21.6 Tax Year 2024 Type Commercial Virtually Stage YN No Water Source Municipal/City Zoning B-1

Listing provided courtesy of Justin Ball of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-20T23:44:49.413.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616