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400 NE Perry Ave - The Scottish Rite Theatre 31,662 SF Sports & Entertainment Building Offered at $5,800,000 in Peoria, IL 61603

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INVESTMENT HIGHLIGHTS

  • State Of The Art Grand Theatre with total capacity for 905 people.
  • Four Levels of Lounges, Meeting Rooms, Offices and Reception Areas with built-in bars and beautiful stained glass
  • Banquet Hall with commercial kitchen and hand-crafted bar with capacity for 400 people.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,800,000
Price Per SF $183.18
Sale Type Owner User
Property Type Sports & Entertainment
Property Subtype Theater/Concert Hall
Building Class B
Lot Size 1.34 AC
Building Size 31,662 SF
No. Stories 4
Year Built/Renovated 1924/2021
Opportunity Zone Yes
Zoning R-8 - Residential

AMENITIES

  • Wheelchair Accessible
  • Lounge
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-04-476-013
Land Assessment
$127,840 (2024)
Improvements Assessment
$809,150 (2024)
Total Assessment
$936,990 (2024)
  • Listing ID: 37619840

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 400 NE Perry Ave, Peoria, IL 61603

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