Located at 311 SW Water St in downtown Peoria, Illinois, this one-bedroom, one-bathroom loft delivers a distinctive industrial aesthetic rooted in its historic building origins. The space is defined by prominent exposed brick walls, warm wood beam ceilings with visible timber framing, and exposed ductwork — architectural elements that lend authentic character throughout. The entrance leads through a carpeted hallway past a dedicated closet, opening into the combined dining and living area. Large windows allow natural light to fill the space, offering views of the surrounding area. The kitchen is efficiently designed with rich cherry wood cabinetry, a neutral stone-toned countertop that extends into a peninsula breakfast bar, stainless steel appliances including a refrigerator, range, and dishwasher, and tile flooring — all set against a striking exposed brick backdrop. The bedroom is a well-proportioned retreat featuring carpet flooring, exposed brick accent walls, and a built-in storage cabinet. The bathroom continues the industrial aesthetic with exposed brick, a rustic timber post accent, tile flooring, and a full tub-shower combination. This loft offers a compelling blend of historic industrial design and functional modern living in the heart of Peoria.
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Monthly Rent
$1,550
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
951 sq ft
The Lofts at Waterfront Place is a residential development located at Waterfront Place, in the same building with Running Central. The building, which was originally a manufacturing facility from the early 1900's in downtown Peoria, IL, provides the perfect setting for an authentic loft-type development. The development consists of 23 loft-style apartments, many with views of the Illinois River.
Highlights
- Waterfront
- Roof Terrace
- High Ceilings
- Deck
- Controlled Access
- Sundeck
- Elevator
- Views
Pricing & Floor Plans
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Unit 309price $1,550square feet 951availibility Jun 10
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Unit 309price $1,550square feet 951availibility Jun 10
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$30
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Due at Move-In
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Administrative FeeCharged per unit.$0
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Due at Application
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Other
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Storage Unit
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Storage DepositCharged per rentable item.$0
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Storage RentCharged per rentable item.$0 / mo
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Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Water
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Trash Removal
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Sewer
Lease Options
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12 mo
Property Information
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Built in 2005
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23 units/4 stories
Matterport 3D Tours
About The Lofts at Waterfront Place
The Lofts at Waterfront Place is a residential development located at Waterfront Place, in the same building with Running Central. The building, which was originally a manufacturing facility from the early 1900's in downtown Peoria, IL, provides the perfect setting for an authentic loft-type development. The development consists of 23 loft-style apartments, many with views of the Illinois River.
The Lofts at Waterfront Place is an apartment community located in Peoria County and the 61602 ZIP Code. This area is served by the Peoria School District 150 attendance zone.
Unique Features
- Deluxe flooring throughout
- Exposed brick walls
- Exposed wood ceilings & columns
- Free Laundry
- Freeway Access
- Large island with full height breakfast bar
- Roof Deck
- Sewer
- Stainless or black range,dishwasher and built in microwave
- Trash
- Water
Community Amenities
Fitness Center
Laundry Facilities
Elevator
Roof Terrace
- Laundry Facilities
- Controlled Access
- Public Transportation
- Elevator
- Vintage Building
- Fitness Center
- Bicycle Storage
- Roof Terrace
- Sundeck
- Waterfront
Apartment Features
Air Conditioning
Dishwasher
Microwave
Refrigerator
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Security System
- Tub/Shower
- Sprinkler System
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Microwave
- Oven
- Range
- Refrigerator
- High Ceilings
- Views
- Deck
Downtown Peoria is walkable, eclectic, exciting, and beautiful. It is filled with high-rise office buildings, sleek condominiums and apartment buildings, funky riverfront lofts, art galleries, theaters, restaurants, bars, and shops. To add even more to this dynamic city center, it is located along the Illinois River and includes the Peoria Riverfront -- one of the oldest and most exciting destinations in the state. The Riverfront includes the Peoria Riverfront Museum, the River Trail, the Riverfront Village, the Riverfont Market, and cruises on the Spirit of Peoria.
Toward the northern end of Downtown Peoria, Glen Oak Park is a popular destination. This park covers 117 acres and, in addition to playgrounds, picnic areas, and fishing, the park includes the Peoria Zoo, the Peoria Playhouse Children's Museum, the Rotary Adventure Grove, and the Luthy Botanical Garden.
Learn more about living in Downtown PeoriaCompare neighborhood and city base rent averages by bedroom.
| Downtown Peoria | Peoria, IL | |
|---|---|---|
| Studio | $1,028 | $854 |
| 1 Bedroom | $1,370 | $1,026 |
| 2 Bedrooms | $1,497 | $1,245 |
| 3 Bedrooms | $1,763 | $1,267 |
- Laundry Facilities
- Controlled Access
- Public Transportation
- Elevator
- Vintage Building
- Roof Terrace
- Sundeck
- Waterfront
- Fitness Center
- Bicycle Storage
- Deluxe flooring throughout
- Exposed brick walls
- Exposed wood ceilings & columns
- Free Laundry
- Freeway Access
- Large island with full height breakfast bar
- Roof Deck
- Sewer
- Stainless or black range,dishwasher and built in microwave
- Trash
- Water
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Security System
- Tub/Shower
- Sprinkler System
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Microwave
- Oven
- Range
- Refrigerator
- High Ceilings
- Views
- Deck
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 5 min | 0.3 mi | |
| Drive: | 5 min | 2.1 mi | |
| Drive: | 12 min | 5.8 mi | |
| Drive: | 12 min | 6.6 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
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HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksThe Lofts at Waterfront Place Photos
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The Lofts at Waterfront Place
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1BR, 1BA - 635SF
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1BR, 1BA - 767SF - Kitchen
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1BR, 1BA - 767SF - Living Room/ Dining Room
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1BR, 1BA - 767SF - Bedroom
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1BR, 1BA - 767SF - Bedroom
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1BR, 1BA - 767SF - Bathroom
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1BR, 1BA - 767SF - Living Room/ Dining Room
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1BR, 1BA - 635SF - Bathroom
Models
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1BR, 1BA - 767SF
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1BR, 1BA - 635SF
Nearby Apartments
Within 50 Miles of The Lofts at Waterfront Place
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Hidden Oaks Apartments
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Peoria, IL 61604
$1,390 - $1,450
2 Br 4.0 mi
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Westporte Apartments
2805 W Larchmont Ln
Peoria, IL 61615
$920 - $1,060
1-2 Br 4.1 mi
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Old Orchard Trace Apartments
6012 N Imperial Dr
Peoria, IL 61614
$860 - $1,270
1-2 Br 5.3 mi
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Frostwood Apartments
5617-5705 Frostwood Pky N
Peoria, IL 61615
$1,490
2 Br 6.1 mi
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Hollow Creek IV Apartments
4105 W Hollow Creek Dr
Peoria, IL 61615
$1,200 - $1,400
2 Br 6.6 mi
While The Lofts at Waterfront Place does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Select utilities are included in rent at The Lofts at Waterfront Place, including water, trash removal, and sewer. Residents are responsible for any other utilities not listed.
Parking is available at The Lofts at Waterfront Place. Contact this property for details.
The Lofts at Waterfront Place has one-bedroom apartments renting for $1,550/mo.
The Lofts at Waterfront Place does not allow pets, though service animals are always welcome in accordance with applicable laws.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,550 for a one-bedroom, you would need to earn about $62,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
The Lofts at Waterfront Place is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! The Lofts at Waterfront Place offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
311 SW Water St
Peoria, IL 61602
Property Manager Responded