Two, 1-bedroom houses on one lot. Unit A has 576 square feet with an open living room & kitchen, spacious bedroom & large walk-in closet and new floor coverings. Unit B has 348 square feet with open floor plan and needs some minor plumbing work, repair a couple of windows and cosmetic work, including floor coverings angs and paint.
TRI-PLEX Residential income producing property at 2,000 per month and 24,000 per year opportunity near downtown Pekin. 2 long term tenants, 1 tenant recently moved in with 1 year lease, and owner is currently using a property manager. 1 tenant pays gas, 1 tenant pays electric, and owner pays city sewer and garbage fee. Showings need 24-48 hour showing notice. Virtual showing info is available to assist with tenant privacy, ask your agent. Approx 13% cap rate of return on investment.
Don't miss this investment opportunity in a great neighborhood, 4 units each with 1 bed/1 bath, located at the end of a Cul-de-sac. Storage and individual washer/dryer hook ups for each unit. Basement is accessible to all units. Utilities paid by Tenants. Off Street parking. Private Yard.
Great 8 unit apartment complex located in a very convenient location. Easy access to schools, stores, parks, hospital and restaurants.
Five income producing rentals that include: two large commercial units on main floor ($600 & $375 per month), two spacious 2-bedroom apartments upstairs ($650 & $600 per month) and a 1-bedroom apartment in back ($400 per month) off of Insul. $31,500 income per year. The owner is currently in the process of installing a new septic system, and currently the commercial unit on the southside and the 1 bedroom apartment in back are both vacant. Located across from Pekin's Riverway Business Park on Route 29
1.5 story house with 2 bedrooms, 1 bathroom unit on main floor with washer & dryer hook-up, 1 bedroom, 1 bathroom unit upstairs and there's also a 789 square foot addition that's currently being used as a 2 bedroom, 1 bath rental unit, but could be used as commerial space. GFA & CA on mian floor of house and in the attached addition. EBB & window in the upstairs apartment. Good income producing property.
The median home value in Pekin, IL is $145,000. This is lower than the county median home value of $147,900. The national median home value is $338,100. The average price of homes sold in Pekin, IL is $145,000. Approximately 60.92% of Pekin homes are owned, compared to 29.86% rented, while 9.22% are vacant. Pekin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pekin real estate agent to arrange a tour today!
Pekin, Illinois has a population of 32,398. Pekin is less family-centric than the surrounding county with 25.96% of the households containing married families with children. The county average for households married with children is 30.14%.
The median household income in Pekin, Illinois is $50,838. The median household income for the surrounding county is $68,860 compared to the national median of $69,021. The median age of people living in Pekin is 41.5 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 37.7 inches per year, with 24.4 inches of snow per year.