111 N 6th Street Pekin, IL $ 3,500,000
111 N 6th Street
$ 3,500,000
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111 N 6th Street

Pekin, IL, 61554
$ 3,500,000
Baths0.0 Sq 53,900

Monthly Estimate*

$ 24,449

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Studio

Commercial Property for sale in Pekin, IL

for $3,500,000. This 53,900 square foot building was built in 1977 on a lot size of 1.77.

Premier Building for Sale or Lease in Pekin's Central Business District. surrounded by Illinois State Route 9 and Route 29. Top floor leased long term with a "Triple A" Tenant Floors 1 and 2 available for lease. 1.77 acres w/87 Parking spaces. All MLS information assumed correct, but not guaranteed.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,072

Style

Office

Lot Size

1.77

Year Built

1977

Town/City

Pekin

County/Region

Tazewell

MLS | Web ID

10754961

Features
General
Cooling Zoned
Utilities Electric to Site Gas Nearby Sanitary Sewer Water-Community
Possession Negotiable
Roof Membrane
Zoning OFFIC
Construction Materials Steel Siding
Year Built 1977
Electric Circuit Breakers Fuses Separate Meters Over 600 Amps Shared Meters
Tenant Pays Varies by Tenant
Stories 3
Township Pekin
Property SubType Office
Tax Year 2019
Current Use Office
Gross Income 233400
County Tazewell
Net Operating Income 133400
Operating Expense 100000
Property Type Commercial Sale Office/Tech
Possible Use Commercial
Status Active
Directions 1-74 West to Peoria - I474 West - Exit 9 toward Pekin - Left onto Illinois River Road/IL-29 - 1st Right onto N 6th st to 111 N 6th St.
City Pekin
Total Units 47
MLS Area Pekin
Lot Size Square Feet 77101
Street Name 6th
Tax Annual Amount 18072
Additional Parcels Y/N N
Leasable Area 15000
Days on Market 1108
Lease Type Modified Gross
Standard Status Active
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Interior
Flooring Carpet Tile
Street Suffix Street
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 53900
Lot Dimensions IRREGULAR
Lot Size Acres 1.77
Frontage Type City Street
Exterior Glass
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* Excluded Features
List By
Bhhs Central Illinois, Realtors

Broker

sheryep@aol.com

Email

Affordability Calculator

$25,955
Per Month
94%
6%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$1,506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/14/2021$1,999,000 Listed Price

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111 N 6th Street, Pekin, IL, 61554 is a Commercial Property for sale at $3,500,000 with 53,900 sqft and a lot size of 1.77. 111 N 6th Street is a studio with 0.0 baths and was built in 1977. The property's zip code is 61554 which is in Pekin, IL