Spatial Reentry Campus
Peoria Spatial Reentry Campus
A 300-bed Spatial Reentry Campus — 10 major-based residential lodges surrounding a central 100,810 SF hub — delivering zero post-release homelessness and 100% tuition-free ICC workforce enrollment.
Coming Soon
Campus Status
Acquisition pipeline active
100,810 SF
Main Building
Formerly St. Augustine Manor
5.85 Acres
Site Acreage
254,826 SF land parcel
$999,900
Asking Price
$9.92 per SF
$675K–$725K
Target Purchase Price
$6.70–$7.19/SF (MSRE Underwritten)
300 Beds
Total Campus Capacity
10 major-based residential lodges
Interactive Campus Map
10 Major-Based Residential Lodges
Each 30-bed lodge houses scholars enrolled in the same Illinois Central College academic major — fostering peer-tutoring, collaborative project work, and academic accountability. Click any lodge to see program details.
Central Campus Hub
100,810 SF Main Building
Administration · Dining · Health/Wellness Clinic · Computer Labs · Multi-Faith Reflection Spaces
Acquisition Funding
Capital Stack Breakdown
Five integrated funding streams enabling property acquisition at $675K–$725K target price without depleting operational reserves. Property located in a designated ICJIA R3 priority tract, unlocking state cannabis tax reinvestment capital.
Peoria Spatial Campus · Capital Acquisition Stack
Target Underwritten Price: $675,000–$725,000 ($6.70–$7.19/SF) vs $999,900 asking price — a 27–35% CapEx-justified discount for deferred mechanical, roofing, elevator, and ADA modernizations estimated at $1.5M–$2.2M. Negotiated by Dr. Class (MSRE, Licensed IL Broker).
Academic Partnership
Illinois Central College
300 Educated residents enrolled directly in ICC's Workforce Empowerment Initiative (WEI), Workforce Sustainability Center, and IT Workforce Accelerator — 100% tuition-free tracks earning 30%+ above the living wage.