Blutowne | Newly Built 219-Unit Class A Community in the Levee District | East Peoria, IL

Colliers is pleased to present Blutowne, a newly delivered 219-unit Class A multifamily community located within East Peoria’s highly sought-after Levee District, the region’s premier mixed-use destination. Completed in 2025, Blutowne offers institutional-quality construction, luxury finishes, and an extensive amenity package designed to attract and retain affluent renters seeking a modern urban lifestyle. 
The property’s 219 market-rate residences feature thoughtfully designed floor plans with quartz countertops, stainless steel appliances, high ceilings, full-size washers and dryers, and contemporary finishes throughout. Residents benefit from a best-in-class amenity package including a heated saltwater pool, rooftop sky lounge, fitness center, co-working spaces, resident lounge, pet spa, dog park, EV charging stations, and structured parking. 
Strategically positioned at 501 W. Washington Street, Blutowne offers immediate access to Interstate 74 and is less than five minutes from Downtown Peoria. The property is surrounded by a diverse mix of restaurants, entertainment venues, hotels, retail destinations, and major employment centers. The location provides convenient access to leading employers including Caterpillar, OSF HealthCare, Carle Health, and other major employers throughout the Peoria MSA. 
New ownership has the opportunity to acquire the newest and highest-quality multifamily asset in the Greater Peoria market. With virtually no direct Class A competition, continued investment throughout the Levee District, and strong renter demand for luxury housing near major employment centers, Blutowne is ideally positioned to capitalize on sustained occupancy and long-term rent growth. The property’s irreplaceable location, institutional-quality construction, and best-in-market amenity offering create a compelling core investment opportunity within a rapidly evolving submarket.

Newly Built