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Pekin, IL Apartment Buildings for Sale

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Mapleton, IL Creve Coeur, IL South Pekin, IL
Pekin Multifamily Property Near Lake
Updated: Jun 25, 2025
Pekin Multifamily Property Near Lake

740 E SHORE Drive, Pekin, IL 61554

$674,900
0.64 AC lot
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.
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Pekin Commercial Building with Apartments
Updated: Oct 23, 2023
Pekin Commercial Building with Apartments

101 N PARKWAY Drive, Pekin, IL 61554

$494,900
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
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Ten-Unit Apartment Complex For Sale
Ten-Unit Apartment Complex For Sale

429 SOUTH Street, Pekin, IL 61554

$479,900

Ten-unit apartment complex with on-site laundry facility.

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Pekin Medical Office with Apartments
Pekin Medical Office with Apartments

101 N Parkway Drive, Pekin, IL 61554

$494,900
7,653 sqft

7653 SF B3 Zoned building with multiple uses.

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Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 4 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.

East Peoria Mixed-Use Investment
East Peoria Mixed-Use Investment

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Mixed-use property with residential and commercial income potential.

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Mixed-Use Building with Upper Apartment
Mixed-Use Building with Upper Apartment

106 & 106 1/2 N 7TH Street, Wyoming, IL 61491

$37,000
0.07 AC lot

A main-floor retail or office space plus an upstairs apartment provides flexible living and commercial income options.

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East Peoria Multi-Use Property
East Peoria Multi-Use Property

1101 E Washington St, East Peoria, IL

$349,900
10,894 sqft · 0.68 AC lot

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

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Historic Mixed-Use Property For Sale
Historic Mixed-Use Property For Sale

106 & 106 1/2 N 7TH Street, Wyoming, IL 61491

$37,000

Mixed-use property with retail, office, and residential possibilities.

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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.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

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

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

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

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

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

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Norman Land For Luxury Condos
Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000
0.74 AC lot

Prime Norman land suitable for luxury condos development.

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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)

1402 Sommerset St, Pekin, IL 61554-2024

Value Estimation by Request
660 sqft · 0.34 AC lot
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633 11th St
APARTMENT HOUSE (UNDER 5 UNITS)

633 11th St, Pekin, IL 61554-7502

Value Estimation by Request
2,496 sqft · 0.25 AC lot
View details
2418 Lakeshore Dr, Unit A
APARTMENT HOUSE (UNDER 5 UNITS)

2418 Lakeshore Dr, Pekin, IL 61554-6627

Unit A
Value Estimation by Request
3,504 sqft · 0.37 AC lot
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Florentine Ct
APARTMENT HOUSE (UNDER 5 UNITS)

Florentine Ct, Pekin, IL 61554

$1,200,000
Estimated value
1,816 sqft · 1.61 AC lot
View details
2414 Lakeshore Dr, Unit 1-8
APARTMENT HOUSE (UNDER 5 UNITS)

2414 Lakeshore Dr, Pekin, IL 61554-1564

Unit 1-8
Value Estimation by Request
3,750 sqft · 0.37 AC lot
View details
340 Caroline St
APARTMENT HOUSE (UNDER 5 UNITS)

340 Caroline St, Pekin, IL 61554-3206

Value Estimation by Request
2,552 sqft · 0.24 AC lot
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301 Lakeside Ave
APARTMENT HOUSE (UNDER 5 UNITS)

301 Lakeside Ave, Pekin, IL 61554-1676

Value Estimation by Request
3,968 sqft · 0.28 AC lot
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609 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

609 3rd St, Pekin, IL 61554-4477

Value Estimation by Request
1,540 sqft · 0.19 AC lot
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1513 Sara Ln, Unit 1519
APARTMENT HOUSE (UNDER 5 UNITS)

1513 Sara Ln, Pekin, IL 61554-2335

Unit 1519
Value Estimation by Request
2,160 sqft · 1.04 AC lot
View details
1445 Valle Vis Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1445 Valle Vis Blvd, Pekin, IL 61554-6249

Value Estimation by Request
1,632 sqft · 1.41 AC lot
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2032 Westgate Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2032 Westgate Dr, Pekin, IL 61554-2450

$980,000
Estimated value
6,420 sqft · 1.71 AC lot
View details
111 Park Vw Ct, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

111 Park Vw Ct, Pekin, IL 61554-6955

Unit 1
$510,000
Estimated value
2,050 sqft · 0.33 AC lot
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112 Park Vw Ct, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

112 Park Vw Ct, Pekin, IL 61554-6953

Unit 1
Value Estimation by Request
2,790 sqft · 0.27 AC lot
View details
234 Sunnyridge Ct, Unit 241
APARTMENT HOUSE (UNDER 5 UNITS)

234 Sunnyridge Ct, Pekin, IL 61554-3958

Unit 241
Value Estimation by Request
2,760 sqft · 0.68 AC lot
View details
231 Sunnyridge Ct, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

231 Sunnyridge Ct, Pekin, IL 61554-7208

Unit 1
Value Estimation by Request
2,760 sqft · 0.29 AC lot
View details
223 Sunnyridge Ct1-8
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
2,883 sqft · 0.31 AC lot
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1230 Hamilton St
APARTMENT HOUSE (UNDER 5 UNITS)

1230 Hamilton St, Pekin, IL 61554-3683

Value Estimation by Request
2,436 sqft · 0.24 AC lot
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1614 Pkwy Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1614 Pkwy Dr, Pekin, IL 61554-1979

$775,000
Estimated value
7,930 sqft · 1.60 AC lot
View details
210 Davis St, Unit 212
APARTMENT HOUSE (UNDER 5 UNITS)

210 Davis St, Pekin, IL 61554-4355

Unit 212
Value Estimation by Request
2,016 sqft · 0.19 AC lot
View details
4681 Allentown Rd
APARTMENT HOUSE (UNDER 5 UNITS)

4681 Allentown Rd, Pekin, IL 61554-8433

$825,000
Estimated value
9,540 sqft · 4.00 AC lot
View details

Pekin, IL Apartment Buildings Market Trends and Statistics

Explore 61 apartment buildings for sale in Pekin, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,653 square feet of properties for sale, with an estimated market value of $494,900.

Sale prices for two-family homes in Pekin, IL start at $494,900, averaging $494,900, and reaching up to $494,900 — 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 Investment

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

Neighborhood Average Price
61554 $536.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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