Industrial Property in Peoria
Located on 2400 SW Washington St, this industrial property comes at 157,112 square feet and occupies three floors. The property sits on 6.16 acres of zoned industrial area. The property comes with a lease with BNSF Railroad which allows you to use 1,800 square feet of rail space to upload cars and other cargo. Ceiling heights vary from 15 feet in the north half to 20 feet in the southern portion, and 25 feet in the far northeast corner. The facility has a 13,800-volt power supply, wet-type sprinklers, one freight elevator that carries up to 20,000 pounds, T8 and T5 fluorescent lighting (with a generator), complete with a parking lot. A break room is also included on the first floor.
Electric: Ameren Illinois has a 69 kV sub-transmission line adjacent to the site and a 138 kV transmission line within 2.5 miles of the site. There are various 13.2 kV, 3-phase distribution lines adjacent and in the immediate area of the site.
Gas: Ameren Illinois serves gas to the site with a 16′ diameter pipe and an 800 psi capacity.
Water: Water service is provided by IL American Water. The water rate in Pekin is 0.2730/100 gallons. There is a 12″ portable Water Main on Hanna drive with a 60psi static pressure. The system averages around 800-1000 gallons per minute with a maximum capacity of 8.8 million gallons per day.
Internet: Fiber Service is provided by I3 Broadband with 100% Fiber Optic network with scalable bandwidth solutions. I3 is interconnected with all of the largest telecommunications companies in the country as well as having a connection to the Cermak data center in Chicago (one of the world’s largest).
Wastewater Capacity: Wastewater capacity is provided by the City of Pekin and is currently rated at 4.5 MGD average flow and 8.74 MGD maximum flow. The existing service is designed to treat up to 7,506 pounds per day (ppd) of biochemical oxygen demand (BOD5) and up to 9,383 ppd of total suspended solids (TSS). These ratings reflect raw sewage concentrations of 200 parts-per-million (ppm) BOD5 and 250 ppm TSS at a design average flow of 4.5 MGD.
The property is five miles from the Peoria International Airport and 14 miles from the Pekin Municipal Airport. It is also three miles from the nearest Interstate: I-74 and less than one mile from the nearest Highway: IL 116.
Rail Access: BNSF Railroad supplies the property with rail service with a lease with BNSF Railroad that allows the use of 1,800 square feet of rail space to upload cars and other cargo.
This site entitles you to Enterprise Zone, Revolving Loan Fund, Industrial Revenue Bonds, HUB Zone, New Market Tax Credits, Foreign Trade Zone in addition to incentives provided by the State of Illinois.
Other programs may apply including the EDGE program, additional gap financing instruments (low-interest loans), and/or Property Assessed Clean Energy. The particulars of the project will determine which programs apply.
Enterprise Zone benefits include Waiver of Building Permit Fees; Sales Tax Deductions; and Property Tax Abatement on Improvement Values.
Free Trade Zone benefits include lower duties, cost avoidance, staging and showcasing capabilities, and assembly cost savings.
A minimum of 30% of the total lot area shall be open and treated with landscaping, as per Section VI – P of these Covenants.
We are here to help. Whether you need economic data to move your business, need business assistance, or resources to help you make a relocation decision, the Greater Peoria EDC is here for you. Contact us today.
