Pekin, IL Apartment Buildings for Sale

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Mapleton, IL Creve Coeur, IL South Pekin, IL

$674,900

0.64 Acres

Pekin Multifamily Property Near Lake

740 E SHORE Drive, Pekin, IL 61554

Well-maintained 8-unit apartment building near Lake Arlann.

Eight 2‑bedroom units offer stable income potential.
Desirable location near Lake Arlann with lake views.
Each unit has in‑apartment laundry.
Quiet, residential setting ideal for long‑term tenants.
Central air conditioning in all units.

Updated: Jun 25, 2025

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$494,900

Pekin Commercial Building with Apartments

101 N PARKWAY Drive, Pekin, IL 61554

Versatile commercial building with apartments in Pekin, Illinois.

High‑traffic corner location at Parkway Drive and Broadway in Pekin with B3 zoning
Large 7653 SQFT building with quality improvements, currently a medical office
Versatile layout with exam rooms, offices, finished basement with kitchenette and conference area, and two upstairs apartments
Two apartments with separate entries, each featuring a kitchen, living room, bedroom, bathroom, and storage room
Ample parking with a large parking lot and a nice entryway carport

Updated: Oct 23, 2023

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Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 2 Active listings in Pekin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$314,900

0.70 Acres

Mixed-Use Building Near Morton

Multi-use building with commercial spaces and apartments near Morton.

3409 MEADOW Avenue, East Peoria, IL 61611

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$399,900

10,894 SF

East Peoria Multi-Use Property

Multi-unit property with retail, gym, apartment, and storage.

1101 E Washington St, East Peoria, IL

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$3,500,000

29,970 SF

Restored Landmark Building with Leases

Meticulously restored building with luxury apartments and commercial space.

214 SW Pecan Street, Peoria, IL 61602

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$3,500,000

20,038 SF

Luxury Lofts in Waterfront Place

Premier residential portfolio in Peoria's vibrant Warehouse District.

311 Southwest Water Street, Peoria, IL 61602

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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$285,000

0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072

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Off-Market Properties in Pekin, IL

Consider similar Off-Market properties in Pekin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1402 Sommerset St

APARTMENT HOUSE (UNDER 5 UNITS) • 660 SF

Value Estimation by Request

1402 Sommerset St, Pekin, IL 61554-2024

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633 11th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,496 SF

Value Estimation by Request

633 11th St, Pekin, IL 61554-7502

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2418 Lakeshore Dr, Unit A

APARTMENT HOUSE (UNDER 5 UNITS) • 3,504 SF

Value Estimation by Request

2418 Lakeshore Dr, Pekin, IL 61554-6627

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Florentine Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 1,816 SF

Value Estimation

$1,200,000

Florentine Ct, Pekin, IL 61554

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2414 Lakeshore Dr, Unit 1-8

APARTMENT HOUSE (UNDER 5 UNITS) • 3,750 SF

Value Estimation by Request

2414 Lakeshore Dr, Pekin, IL 61554-1564

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340 Caroline St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,552 SF

Value Estimation by Request

340 Caroline St, Pekin, IL 61554-3206

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301 Lakeside Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,968 SF

Value Estimation by Request

301 Lakeside Ave, Pekin, IL 61554-1676

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609 3rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,540 SF

Value Estimation by Request

609 3rd St, Pekin, IL 61554-4477

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1513 Sara Ln, Unit 1519

APARTMENT HOUSE (UNDER 5 UNITS) • 2,160 SF

Value Estimation by Request

1513 Sara Ln, Pekin, IL 61554-2335

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1445 Valle Vis Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,632 SF

Value Estimation by Request

1445 Valle Vis Blvd, Pekin, IL 61554-6249

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2032 Westgate Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 6,420 SF

Value Estimation

$980,000

2032 Westgate Dr, Pekin, IL 61554-2450

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111 Park Vw Ct, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,050 SF

Value Estimation

$510,000

111 Park Vw Ct, Pekin, IL 61554-6955

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112 Park Vw Ct, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,790 SF

Value Estimation by Request

112 Park Vw Ct, Pekin, IL 61554-6953

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234 Sunnyridge Ct, Unit 241

APARTMENT HOUSE (UNDER 5 UNITS) • 2,760 SF

Value Estimation by Request

234 Sunnyridge Ct, Pekin, IL 61554-3958

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231 Sunnyridge Ct, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,760 SF

Value Estimation by Request

231 Sunnyridge Ct, Pekin, IL 61554-7208

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223 Sunnyridge Ct1-8

APARTMENT HOUSE (UNDER 5 UNITS) • 2,883 SF

Value Estimation by Request

223 Sunnyridge Ct1-8, Pekin, IL 61554-3961

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1230 Hamilton St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,436 SF

Value Estimation by Request

1230 Hamilton St, Pekin, IL 61554-3683

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1614 Pkwy Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 7,930 SF

Value Estimation

$775,000

1614 Pkwy Dr, Pekin, IL 61554-1979

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210 Davis St, Unit 212

APARTMENT HOUSE (UNDER 5 UNITS) • 2,016 SF

Value Estimation by Request

210 Davis St, Pekin, IL 61554-4355

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4681 Allentown Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 9,540 SF

Value Estimation

$825,000

4681 Allentown Rd, Pekin, IL 61554-8433

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2104 Brookview Ter

APARTMENT HOUSE (UNDER 5 UNITS) • 1,560 SF

Value Estimation by Request

2104 Brookview Ter, Pekin, IL 61554-7306

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2602 Pne St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,726 SF

Value Estimation by Request

2602 Pne St, Pekin, IL 61554-2562

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Pekin, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 59 apartment buildings for sale in Pekin, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,169,800.

Sale prices for two-family homes in Pekin, IL start at $494,900, averaging $584,900, and reaching up to $674,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K

Population Growth (5Y) -3.0%

Median Household Income $62,484

College Educated 8.7%

High-Yield Neighborhoods for Strategic Investment

Identify Pekin submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
61554	$584.9K

Taxes & Financing

Average Loan-to-Value 65.0%

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Pekin, IL Apartment Buildings for Sale

Pekin Multifamily Property Near Lake

Well-maintained 8-unit apartment building near Lake Arlann.

Pekin Commercial Building with Apartments

Versatile commercial building with apartments in Pekin, Illinois.

Opportunities in Nearby Cities

Mixed-Use Building Near Morton

East Peoria Multi-Use Property

Restored Landmark Building with Leases

Luxury Lofts in Waterfront Place

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Greenville Development Opportunity: 1.33 Acres

Norman Land For Luxury Condos

Off-Market Properties in Pekin, IL

1402 Sommerset St

633 11th St

2418 Lakeshore Dr, Unit A

Florentine Ct

2414 Lakeshore Dr, Unit 1-8

340 Caroline St

301 Lakeside Ave

609 3rd St

1513 Sara Ln, Unit 1519

1445 Valle Vis Blvd

2032 Westgate Dr

111 Park Vw Ct, Unit 1

112 Park Vw Ct, Unit 1

234 Sunnyridge Ct, Unit 241

231 Sunnyridge Ct, Unit 1

223 Sunnyridge Ct1-8

1230 Hamilton St

1614 Pkwy Dr

210 Davis St, Unit 212

4681 Allentown Rd

2104 Brookview Ter

2602 Pne St

Pekin, IL Apartment Buildings Investment Opportunities Market Analysis

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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