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The Lofts at Waterfront Place apartments in Peoria, IL

Updated

The Lofts at Waterfront Place

311 Southwest Water Street, Peoria, IL 61602

Live pricing, refreshed

3
Units Listed
$1,490
Starting at
$1,597
Average
$1,750
Highest
$1.64
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Peoria, IL rent trends

Beds

Pricing by Bedroom

1 Bed
$1,650
from $1,550 · 2 units
~948 sqft avg
2 Bed
$1,490
from $1,490 · 1 units
~1,025 sqft avg

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (1)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$145K

$1.7M annual run rate

Modeled estimate

Est. Occupancy

97%

of about 114 units (modeled from leasing activity)

Effective Rent on New Leases

$1,309

vs $1,597 current asking ($288 negotiation gap)

Recent Lease Activity

19 units tracked; 16 assumed leased, 3 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

3

Limited availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Peoria, IL

Citywide

Showing citywide comparison (not enough Peoria, IL properties tagged with "Peoria 61602" for a local match). Click any bar to view that building.

Available Units

3 units
2 Bed / 2 Bath 2 Bedroom w Balcony
$1,490/mo
1,025 ft² · $1.45/ft\u00B2 · #409
1 Bed / 1 Bath Lofts @ Waterfront Place - Urban View
$1,550/mo
951 ft² · $1.63/ft\u00B2 · #409
1 Bed / 1 Bath Lofts @ Waterfront Place - River View
$1,750/mo
945 ft² · $1.85/ft\u00B2 · #404

Train activity

Severe nighttime trains

Freight line 129 ft away · 3 trains/day

  • 2 daytime, 1 overnight
  • Crossing 129 ft away. Horns expected day and night.
  • Operator: TZPR

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Peoria, IL notes

No resident notes for this property yet.

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