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Informations principales sur l'investissement

  • Fully leased to the Illinois Department of Corrections and DCFS under a gross lease structure.
  • Lease term in place through November 2030 provides steady income for nearly four more years.
  • 62,697 SF of rentable area on a 1.03-acre site supports institutional occupancy requirements.
  • State agency guarantor ensures strong credit and solid investor security.
  • Central Peoria location with accessibility to major road networks and surrounding business infrastructure.
  • Attractive 9.00% cap rate with current NOI of $560,189 for strong yield potential.

Résumé analytique

607 Main Street
- Mission-critical Illinois Department of Corrections reentry facility providing residential housing, work-release opportunities, and transitional services.
- One of only four Adult Transition Centers in Illinois and the second-largest facility statewide with 249 beds.
- Operating at approximately 97% occupancy, housing more residents than any other Illinois ATC.
- Only Adult Transition Center outside Northern Illinois, serving as the primary reentry hub for Central and Downstate Illinois.
- 54-year operating history at the subject property, demonstrating long-term operational stability.
- Part of a 62,697 SF government-leased portfolio offering investors durable cash flow backed by the State of Illinois with 100% occupancy.
2001 NE Jefferson
- Mission-critical Illinois Department of Children and Family Services (DCFS) regional office serving Central Illinois.
- Fully occupied by DCFS, supporting child protective investigations, foster care and adoption services, family support programs, and case management.
- Critical public service facility coordinating with law enforcement, healthcare providers, schools, and the judicial system to protect children and strengthen families.
- Strategically located in the Peoria market, providing convenient access to major transportation corridors, government offices, healthcare systems, and community resources.
- Long-term operational presence supporting essential child welfare services that are difficult to relocate or replace.
- Part of a 62,697 SF government-leased portfolio offering investors durable cash flow backed by the State of Illinois with 100% occupancy.

Pièces jointes

Executive Summary

Informations sur l’immeuble

Prix 5 454 469 €
Prix/m² 936,43 € / m²
Taux de capitalisation 9 %
Type de vente Investissement ou propriétaire occupant
Statut Actif
Nb de biens 2
Individuellement en vente 0
Surface totale de l’immeuble 5 825 m²
Surface totale du terrain 0,42 ha

Biens

Nom du bien/adresse Type de bien Surface Année de construction Prix individuel
607 Main St, Peoria, IL 61602 Bureau 3 781 m² 1972 -
2001 NE Jefferson St, Peoria, IL 61603 Bureau 2 044 m² 1950 -
Afficher plus > < Afficher moins
  • ID de l’annonce: 41172952

  • Date de mise sur le marché: 06/07/2026

  • Dernière mise à jour:

  • Adresse: Illinois Dept. of Corrections & DCF, Peoria, IL

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