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Becker Building 401 Main St 229,040 SF 92% Leased 4-Star Office Building Peoria, IL 61602 $10,750,000 ($46.94/SF) 9.02% Cap Rate



Investment Highlights
- Class A, 16-story office building with approximately 162,412 square feet of rentable space.
- Modern construction, built in 1993, with professional finishes and panoramic views of the Illinois River.
- Surrounded by an amenity-rich environment with dining, retail, entertainment, and recreational options nearby.
- Prime downtown Peoria location offering strong visibility within the central business district.
- Multiple suites available, providing leasing flexibility for investors and owner-users.
Executive Summary
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. Positioned in a highly walkable and amenity-rich downtown location, the Property is surrounded by a vibrant mix of dining, retail, entertainment, and outdoor attractions. Nearby amenities include One World Café, the Shoppes at Grand Prairie, and the Peoria Civic Center, as well as the Peoria Riverfront and Illinois River trail system, offering both lifestyle and recreational appeal for tenants and employees. The location also benefits from convenient access to public transportation and major highways, enhancing connectivity throughout the region. With its large-scale Class A positioning, leasing flexibility, and prime downtown location, the Property is well suited to capture demand from professional office users seeking a
high-quality workspace in a centralized business environment.
Data Room Click Here to Access
Property Facts
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
The State of Illinois government serves as the administrative body for Illinois residents, established when it became the 21st state in 1818. The government operates through various agencies that deliver essential public services. Key service areas include healthcare programs, transportation infrastructure management, and business support initiatives. Through its departments, Illinois addresses community needs ranging from public safety to economic development and environmental protection.
Hasselberg Grebe Snodgrass Urban & Wentworth is a Peoria law firm that has built a statewide Illinois practice around attorneys who concentrate in specific fields of law. The firm handles business and commercial law, family law, estate planning, litigation, real estate, personal injury, workers' compensation, and other matters for individuals, corporations, businesses, and professionals. The firm's practice model centers on direct lawyer consultation, focused legal work, and a team approach that supports clients across a broad range of civil and business disputes throughout Illinois.
Murphy & Dunn, P.C. began as a family law practice serving Central Illinois and has spent decades focusing exclusively on divorce, custody, and related family law matters. The firm handles dissolution of marriage, legal separation, custody and parental allocation, parenting time, child support, visitation, maintenance, alimony, adoption, paternity, post-decree matters, prenuptial agreements, mediation, and family law appeals. Murphy & Dunn maintains a team of attorneys and paralegals and serves clients through consultation-based representation in family law disputes. The firm's mission centers on family law advocacy that places children's needs and legal interests first while pursuing settlement when possible and litigation when needed.
The U.S. Trustee Program began as a pilot effort under the Bankruptcy Reform Act and later expanded into a nationwide part of the Department of Justice. The program oversees the administration of bankruptcy cases and private trustees, with administrative, regulatory, and litigation responsibilities tied to the bankruptcy system. Its work centers on protecting the integrity and efficiency of bankruptcy proceedings for debtors, creditors, and the public, while also monitoring trustee conduct and helping identify fraud and abuse. The program operates through an executive office in Washington, D.C., along with regional and field offices across the federal bankruptcy system.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Public Administration | - | $9.99 | - | Jan 0000 | |
|
Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 103B3
- 1,230 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 108
- 2,780 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 110
- 3,323 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 1130B
- 1,513 SF
- Office
- Full Build-Out
- Now
- 11th Fl-Ste 1110
- 3,501 SF
- Office
- Full Build-Out
- Now
- 16th Fl-Ste 1650
- 1,900 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 103B3 | 1,230 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 108 | 2,780 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 110 | 3,323 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1130B | 1,513 SF | Office | Full Build-Out | Now |
| 10th Fl-Ste 1 | 4,300 SF | Office | Full Build-Out | Now |
| 11th Fl-Ste 1110 | 3,501 SF | Office | Full Build-Out | Now |
| 16th Fl-Ste 1650 | 1,900 SF | Office | Full Build-Out | Now |
1st Fl-Ste 103B3
| Size |
| 1,230 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 108
| Size |
| 2,780 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110
| Size |
| 3,323 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1130B
| Size |
| 1,513 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
10th Fl-Ste 1
| Size |
| 4,300 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
11th Fl-Ste 1110
| Size |
| 3,501 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
16th Fl-Ste 1650
| Size |
| 1,900 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
10th Fl-Ste 1
| Size | 4,300 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Property Taxes
| Parcel Number | 18-09-209-030 | Improvements Assessment | $2,380,720 |
| Land Assessment | $419,130 | Total Assessment | $2,799,850 |
Property Taxes
Contact the Sale Advisor
Becker Building | 401 Main St



