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309 Main Street

Peoria, IL 61602
  • $324,900
  • STATUS: Active
  • ON SITE: 2 Days
  • ID#: PA1265450
New On Site 2 Days Ago
UPDATED: 14 min ago
$324,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

The 4,953 SF, three-story investment property at 309 Main Street in downtown Peoria, Illinois, features both retail and office spaces with active leases. The main level retail space is leased by CxT Coffee and the second and third floors are currently occupied by The Leiter Group (law firm). The law firm's second-floor office space includes two private offices, a reception area, and a work room; the third floor includes an open atrium, a large work room, three private offices, a kitchen, and a file room. The law firm floors can be vacated for owner occupancy or can continue to be leased. The building is fully sprinklered and is sold as-is, where is with no guarantees. This property is also for sale with the adjacent property, 311 Main Street, which offers a renovation opportunity for the vacant historic theater, retail spaces and a lower-level (below street level) bar (formerly Richards Underground).

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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: 2026-04-11T13:44:50.527.
www.brysonsmithteam.com/homes/174949168
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309 Main Street Peoria, IL 61602

  • Price: $324,900
  • Status: Active
  • On Site: 2 Days
  • Updated: 14 min ago
  • ID#: PA1265450
0
Beds
0
Baths
0
½ Baths
0.04
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
The 4,953 SF, three-story investment property at 309 Main Street in downtown Peoria, Illinois, features both retail and office spaces with active leases. The main level retail space is leased by CxT Coffee and the second and third floors are currently occupied by The Leiter Group (law firm). The law firm's second-floor office space includes two private offices, a reception area, and a work room; the third floor includes an open atrium, a large work room, three private offices, a kitchen, and a file room. The law firm floors can be vacated for owner occupancy or can continue to be leased. The building is fully sprinklered and is sold as-is, where is with no guarantees. This property is also for sale with the adjacent property, 311 Main Street, which offers a renovation opportunity for the vacant historic theater, retail spaces and a lower-level (below street level) bar (formerly Richards Underground).
Exterior Features

Construction Materials BrickOrnamental BlockOtherFrameStone Outdoor Dining YN No Roof Flat

Interior Features

Bar YN Yes Building Area Total 4953 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 6597.56 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: 2026-04-11T13:44:50.527.
 
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Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616