Pekin, IL Commercial Real Estate for Sale

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Bar, Restaurant & Concert Venue
Updated: Jul 10
Bar, Restaurant & Concert Venue

251 Derby Street, Pekin, IL 61554

$299,000
2,640 sqft
Bar, restaurant, and concert venue in Pekin includes a full kitchen, gaming area, and state‑of‑the‑art concert stage/equipment
Re‑opened business offered for sale with all furniture, fixtures, and equipment included
Corporation sale includes active liquor and gaming licenses for this location
Building has had many updates and a recent interior renovation
Outdoor patio space plus ample parking
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251 Derby Street, Pekin, IL, IL 61554

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Office Building with Updated Elevators
Updated: Feb 24
Office Building with Updated Elevators

111 N 6th Street, Pekin, IL 61554

$2,000,000
1.39 AC lot
Three tenants occupy updated interior spaces in this office building
Two elevators updated in 2022
2022 electrical upgrades include newer 3,000 AMP switch gear and five transformers
Roof membrane installed in 2021 with 20‑year Mulehide Total System Warranty
6" wet sprinkler system installed in 2022
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Flex Space with Roll-Up Loading Doors
Flex Space with Roll-Up Loading Doors

1805 Riverway Drive, Pekin, IL 61554

$1,950,000
3.68 AC lot

Industrial flex building with renovated office and climate-controlled warehouse loading via roll-up bay doors and on-site parking.

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Flex Space with Warehouse Roll-Up Doors
Flex Space with Warehouse Roll-Up Doors

200 ENTERPRISE Drive, Pekin, IL 61554

$5,900,000
4.89 AC lot

Flex space offering updated office, individual lab areas, and a climate-controlled warehouse with roll-up bay doors.

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Multi-Building Auto Service Flex Property
Multi-Building Auto Service Flex Property

25 S 2nd Street, Pekin, IL 61554

$200,000
6,905 sqft

Flex property with three buildings totaling 6,905 sq. ft., plus sheds and a fenced, locking-gate lot.

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Industrial Development Land
Industrial Development Land

1815 Riverway Drive, Pekin, IL 61554

$189,900
2.32 AC lot

Level industrial-zoned land with wide road frontage for convenient truck access and egress.

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Corner Lot Retail and Rental Space
Corner Lot Retail and Rental Space

910 DERBY Street, Pekin, IL 61554

$199,000

Zoned B-3, this corner property includes a main floor open retail space plus an upper-level two-bedroom rental.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

101 N PARKWAY Drive, Pekin, IL 61554

$494,900

B3-zoned property combines medical office improvements with upper-level residential units.

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Brick Office Building with Storage
Brick Office Building with Storage

2105 N Parkway Drive, Pekin, IL 61554

$147,900
1,872 sqft

Open interior rooms, on-site parking, and a separate garage/storage area support a range of office configurations.

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Medical Office Building with Elevator
Medical Office Building with Elevator

725 S 14th Street, Pekin, IL 61554

$330,000
6,494 sqft

One-owner medical office building with multiple exam rooms, private offices, and an elevator serving main and lower levels.

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Office Building with Heated Garage
Office Building with Heated Garage

531 Court Street, Pekin, IL 61554

$385,900
9,500 sqft

Heated garage/warehouse storage with a 10' door plus finished office space with private offices and multiple bathrooms.

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Historic Retail and Office Flex
Historic Retail and Office Flex

217 Court Street, Pekin, IL 61554

$179,900
3,744 sqft

Two-level space with storefront windows and a rear 12' overhead door accessed by an alley.

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Updated Mixed-Use Building
Updated Mixed-Use Building

515 Elizabeth Street, Pekin, IL 61554

$135,000
2,852 sqft

Two-level commercial property with renovated building systems and a residential-style upper-level layout.

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Multi-Tenant Strip Mall
Multi-Tenant Strip Mall

137 Radio City Dr, Pekin, IL 61554

Contact for pricing
10,465 sqft

Multi-tenant retail and office property with flexible suite sizes in Pekin, Illinois.

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Retail Shopping Plaza with 28 Suites
Retail Shopping Plaza with 28 Suites

2910-2996 Court Street, Pekin, IL 61554

Contact for pricing
59,982 sqft 5.45 AC lot

Fee-simple shopping plaza with 28 retail suites on two buildings and strong commuter-corridor frontage.

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Open Retail Storefront with Rear Access
Open Retail Storefront with Rear Access

505 - 539 S. Parkway Drive, Pekin, IL 61554

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1,386 sqft

Versatile open retail layout with dedicated restroom and convenient rear access, plus ample on-site parking.

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Veterinarian Office Building For Sale
Veterinarian Office Building For Sale

1305 Black Street, Pekin, IL 61554

$199,900
3,632 sqft

Commercial building in Pekin, Illinois, suitable for various business uses.

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Medical Office Building Near Hospital
Medical Office Building Near Hospital

725 S 14TH Street, Pekin, IL 61554

Contact for pricing
6,500 sqft

High-demand medical office near hospital with dual-use potential.

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Net-Leased Medical Office Building
Net-Leased Medical Office Building

1021 Court Street, Pekin, IL 61554

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11,404 sqft

11,404-square-foot medical office building is 100% occupied by two dialysis and kidney care tenants.

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Religious Facility with Classroom Offices
Religious Facility with Classroom Offices

1603 MARKET Street, Pekin, IL 61554

Contact for pricing
4,032 sqft

Open-plan church layout includes offices or classrooms, two public restrooms, and roughly 25 parking spaces.

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Multi-Tenant Office Building
Multi-Tenant Office Building

111 N 6th Street, Pekin, IL 61554

$2,000,000

Well-maintained, income-producing office building with updated vertical transportation and major 2021–2022 system improvements.

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Retail Space For Sale
Retail Space For Sale

1022 Washington St, Pekin, IL 61554

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1,320 sqft

Retail space for sale offering approximately 1,320 SF of usable area.

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Warehouse with Covered Loading Docks
Warehouse with Covered Loading Docks

2000 N 8th St, Pekin, IL 61554

Contact for pricing
9,980 sqft

Steel-sided warehouse on a large lot with dual loading docks, including semi and box-truck height options under an overhang.

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Commercial Land Near Retail Center
Commercial Land Near Retail Center

2125 Court Street, Pekin, IL 61554

$125,000

B-3-zoned parcel near Crossroads Center with access to a heavily traveled commercial corridor.

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Pekin, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Pekin, IL, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 207,487 square feet of properties for sale, with an estimated market value of $15,856,200.

Sale prices for business properties in Pekin, IL start at $125,000, averaging $792,810, and reaching up to $5,900,000 — 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 $908.1K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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