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2408 W Heading AveWest Peoria, IL 61604
50,744 SF INSTITUTIONAL CAMPUS ON 5 ACRES
Asset ClassSpecial Purpose, Office, Healthcare Facility, Multifamily, Senior Housing, Student Housing, Hotel & Hospitality
overview of deal

Overview

The West Peoria campus presents a rare opportunity to acquire a mission-driven institutional property with over a century of continuous stewardship. Spanning ±50,744 square feet across two connected buildings, a chapel, and an independent guest house, the site offers the scale and infrastructure needed for senior care, education, religious use, residential redevelopment, or an organizational headquarters.

 

Located just minutes from Bradley University, St. Francis Medical Center, and downtown Peoria, the property sits within a quiet residential neighborhood adjacent to a public recreation complex. The 1912 and 1962 buildings are joined by an ADA-accessible corridor and include bedrooms, community areas, offices, meeting rooms, a commercial kitchen, dining facilities, and a 4,000-SF chapel.

 

This unpriced, as-is offering invites mission-aligned institutions, developers, and operators to imagine the next chapter of a deeply cared-for property— one defined by service, community, and long-term possibility.

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Investment Highlights

ZONING & USE FLEXIBILITY

The property is zoned R1, supporting a range of institutional, residential, and community-serving uses. Potential applications include senior care, educational programs, nonprofit headquarters, faith-based operations, or residential redevelopment.

 

EXCEPTIONAL CONDITION & STEWARDSHIP

The campus has been impeccably maintained across generations of ownership, resulting in clean, functional spaces and durable infrastructure suitable for immediate or phased re-use.

 

SITE CHARACTERISTICS

• 5-acre rectangular parcel

• Ample green space for program expansion

• Quiet neighborhood adjacency

• Direct access to W. Heading Ave and North Sterling Ave

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2408 W Heading AveWest Peoria, IL 61604

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