Cooperage 214

For Sale

214 SW Pecan Street, Peoria, IL 61602

This Peoria property for sale is located at 214 SW Pecan Street. Contact the listing broker for details on the current sale price for Cooperage 214. Cooperage 214 is situated on a lot that is 0.41 acre in size.

Contacts

broker
Reid Bennett, CCIM

SVN | Chicago Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 29,970 SF
  • Units 19
  • Lot Size 0.41 Acre
  • Year Built 1920
  • Year Renovated 2017
  • Date Updated Aug 21, 2025
The subject property is located in the Warehouse District in downtown Peoria, ILSVN is proud to present Cooperage 214, a meticulously restored 27,000 sf former whiskey-barrel cooperage now delivering 18 luxury loft-style apartments and prime commercial space, fully leased in 2025 to the region’s largest hospital tenant. Originally serving Hiram Walker distilleries in Peoria’s famed “Distillery Row” (also known as “Whiskey City”), this three-story landmark was reimagined in 2017 into sleek, light-filled residences while preserving original Quaker windows, hardwood floors, exposed wood columns, masonry walls, and brick ceilings. Artful design elements include reclaimed barrel staves, elevator wood, and a custom cooperage logo to celebrate the building’s heritage. As the area transitions from its past manufacturing focus to forward thinking innovation technologies, many companies are relocating here providing the area with over $1billion in new construction. This revitalization has attracted people of all kinds focused on living the “big-city life” while having access to “small-town amenities”. Cooperage 214 was awarded the 2017 Preservation Winner for Adaptive Use by Landmark Illinois. It’s not difficult to see why this honor was bestowed upon such a unique space. Celebrating its rich history, the talented renovation team restored the original Quaker windows, wood columns, hardwood floors, and brick walls throughout the space. Further attention to detail was paid to reimaging building elements as art and décor. This included reclaimed elevator wood & mechanics; reclaimed whiskey barrels & barrel staves as well as a commissioned, custom cooperage logo paying homage to the building. Cooperage 214 represents an exceptional investment that beautifully marries historic substance with contemporary design—in a location primed for continued growth. With stable tenancy, award-winning architecture, and momentum-driving impact within Peoria’s revitalizing urban core, this asset delivers both strong financial performance and community relevance.
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Highlights

  • All individual water heaters have been replaced
  • New 3-year Commercial Lease - Executed 2025 with the largest hospital in Peoria
  • Open floor plans with high-end finishes
  • Short Term Renal Units receiving an average of $1,700 per month
  • Stainless GE appliances throughout
  • TIF extended through 2034
  • Warehouse-type hardware stays true to the history of the building
  • Washer and dryer in each unit

Getting around

  • 64/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 60/100

    Bike Score ®

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Location

  • City Peoria, IL
  • Neighborhood South Peoria
  • Zip Code 61602

Points of Interest

  • Shell

    0.64 miles

  • Huck's

    0.78 miles

  • Tesla Supercharger

    0.79 miles

  • Tesla Motors Destination Charger

    0.84 miles

  • BP

    1.17 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    1.35 miles

  • Costco Gasoline

    1.43 miles

  • Circle K

    1.66 miles

  • Casey's General Store

    2.41 miles

  • ChargePoint

    4.42 miles

  • Parking for Delta Industries, Inc

    0.13 miles

  • Parking for Sprinkmann's Insullation, Inc

    0.18 miles

  • Parking for former Elks Lodge

    0.20 miles

  • Parking for guests and residents of RiverWest

    0.20 miles

  • Parking for RiverWest employees and potential residents

    0.21 miles

  • Parking for Grainger

    0.22 miles

  • Parking for Adams Outdoor Advertising

    0.25 miles

  • Parking for PCCEO and Peoria Food Bank

    0.26 miles

  • Parking for H3 Steel Group

    0.29 miles

  • Parking for Fastenal

    0.29 miles

  • Embassy Suites

    0.69 miles

  • Staybridge Suites Peoria Downtown

    0.82 miles

  • Peoria Marriott Pere Marquette Hotel

    0.99 miles

  • Courtyard

    1.01 miles

  • Holiday Inn

    1.06 miles

  • Mark Twain Boutique Hotel

    1.13 miles

  • Four Points by Sheraton Peoria

    1.14 miles

  • Holiday Inn Express & Suites

    1.28 miles

  • Residence Inn

    1.54 miles

  • Fairfield Inn & Suites

    1.58 miles

  • Walmart Supercenter

    0.99 miles

  • ALDI

    1.15 miles

  • Target

    1.26 miles

  • Kohl's

    1.64 miles

  • Kroger

    1.71 miles

  • Walmart

    3.23 miles

  • Big Lots

    3.51 miles

  • JCPenney

    4.17 miles

  • Northwoods Mall

    4.21 miles

  • Schnucks

    4.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Reid Bennett, CCIM

SVN | Chicago Commercial

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