Pekin IL Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
924
Status:
Active
Beds:
n/a
Year built:
1937
Baths:
MLS#:
PA1254204
Subdivision:
Pekin Gardens

ADDITIONAL INFORMATION

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.

Type:
Cluster
Sq.Ft.:
2,719
Status:
Active
Beds:
n/a
Year built:
1907
Baths:
MLS#:
PA1253251
Subdivision:
Water Works

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1959
Baths:
4.00
MLS#:
12112457
Subdivision:
Not Applicable

ADDITIONAL INFORMATION

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.

Type:
Cluster
Sq.Ft.:
1,924
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
PA1251492
Subdivision:
Broadmoor

ADDITIONAL INFORMATION

Great 8 unit apartment complex located in a very convenient location. Easy access to schools, stores, parks, hospital and restaurants.

Type:
Cluster
Sq.Ft.:
5,724
Status:
Active
Beds:
n/a
Year built:
1928
Baths:
MLS#:
PA1244843
Subdivision:
Normandale

ADDITIONAL INFORMATION

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

Type:
Cluster
Sq.Ft.:
2,032
Status:
Active
Beds:
n/a
Year built:
1897
Baths:
MLS#:
PA1244839
Subdivision:
Greenview

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 RMLS Alliance. All rights reserved.


Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Pekin Real Estate

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.

Pekin Weather

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.

Pekin Real Estate Market Conditions

  • Median sales price

    $145,000
    7.3% change since last quarter
  • # Active listings

    153
    30-day change

Pekin Schools and Demographics

Education near Pekin, IL

Metric City County
High School Graduates 89.16 93.22
College Degree - 2 year 10.41 11.63
College Degree - 4 year 18.99 27.67
Graduate Degree 4.78 6.9
Expenditures per Student 17,068 17,068
Students per Teacher 14.5 14.5

Elementary Schools near Pekin, IL

School Grades Students P/T Ratio ZIP
Bartonville Elementary School PK - 08 275 13.1 61607
C B Smith Elementary School KG - 03 341 17.5 61554
Dirksen Elementary School KG - 03 184 16 61554
Hollis Consolidated Grade School KG - 08 154 11.8 61607
Jefferson Elementary School KG - 03 371 18 61554
L E Starke Elementary School KG - 03 232 16.6 61554
Lasalle Elementary School PK - 04 349 14 61610
Limestone Walters Elementary School KG - 08 183 16.6 61607
Marquette Elementary School PK - 02 238 14.9 61554
Monroe Elementary School KG - 08 296 13.2 61607
Oak Grove East Elementary School PK - 04 189 14.2 61607
Pekin Preschool Family Ed Center PK - PK 212 16.6 61554
Rankin Elementary School KG - 08 231 13.3 61554
Rogers Elementary School 03 - 05 192 16 61554
Scott Altman Primary School KG - 03 204 17.8 61554
South Pekin Elementary School PK - 08 257 14.9 61564
Tremont Elementary School PK - 04 314 14.6 61568
Willow Elementary School KG - 03 300 18.8 61554

Middle Schools near Pekin, IL

School Grades Students P/T Ratio ZIP
Broadmoor Junior High School 07 - 08 404 15.3 61554
Edison Junior High School 07 - 08 344 13.3 61554
Georgetowne Middle School 06 - 08 210 19.1 61554
Oak Grove West School 05 - 08 186 16.4 61607
Parkview Junior High School 05 - 08 280 13 61610
Tremont Middle School 05 - 08 292 18 61568
Washington Intermediate School 04 - 06 499 16.8 61554
Wilson Intermediate School 04 - 06 601 16.9 61554

High Schools near Pekin, IL

School Grades Students P/T Ratio ZIP
Limestone Community High School 09 - 12 1,050 14.4 61607
Pekin Community High School 09 - 12 2,012 16.4 61554
Tremont High School 09 - 12 307 11.9 61568

Ungraded Schools near Pekin, IL

School Grades Students P/T Ratio ZIP
* Tazewell Academy 09 - 12 11 9.3 61610
Schramm Education Center PK - 12 62 61554
Tazewell County Safe School 06 - 12 9 3 61610

Demographics near Pekin, IL

Metric City County
Neighborhood Type Suburban
Population 32,398 131,977
Population Density 2,216 204
Median Age 41.5 41.4
People per Household 2.2 2.4
Median Household Income 50,838 68,860
Average Income per Capita 28,704 35,601