Office Building with Updated
For Sale
$2,000,000
111 N 6th Street, Pekin, IL 61554
Commercial Sale, Pekin, IL
Property SizeContact for details
Lot Size1.39 Acres
Days on Market178
Property Features for 111 N 6th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Directions
I-74 West to Peoria - I474 West - Exit 9 towards Pekin - Left onto Illinois Rive Road/IL-29 - 1st Right onto N 6th St to 111 N 6th St
Subdivision
Pekin
Standard status
Active
APN
040435332001
Lot size
1.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
21502
Utilities
Cooling system
Zoned
Building Details
Year built
1977
Floors in Building
3
Number of units
1
Listing Agency:
BHHS Central Illinois, REALTORS · Berkshire Hathaway HomeServices
(309) 663-7653
Listed By:
Sherye Przybyla · License #475142677
(309) 663-7653
Added: Feb 24
Changed: Aug 19
Last Checked: Aug 21 at 9:06PM
MLS# 12569299
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An income-producing office building in downtown Pekin with three tenants occupying updated interior spaces. Built in 1977, the property has undergone major systems improvements, supporting efficient day-to-day operations while helping reduce near-term capital expenditures for a new owner.
Two elevators were updated in 2022 to support vertical transportation. Electrical upgrades completed in 2022 include newer 3,000 AMP switch gear with newer breakers for the existing feeders, five transformers, and 13 replacement sub panels to support power distribution throughout the building. Several HVAC units have also been updated, and the roof includes a newer membrane installed in 2021 with a 20-year Mulehide Total System Warranty.
Additional life-safety and fire-protection components include a Simplex 4007ES fire alarm with monitoring through Johnson Controls Inc, 17 fire extinguishers, and a 6" wet sprinkler system installed in 2022. The property is zoned OFFIC.
Two elevators were updated in 2022 to support vertical transportation. Electrical upgrades completed in 2022 include newer 3,000 AMP switch gear with newer breakers for the existing feeders, five transformers, and 13 replacement sub panels to support power distribution throughout the building. Several HVAC units have also been updated, and the roof includes a newer membrane installed in 2021 with a 20-year Mulehide Total System Warranty.
Additional life-safety and fire-protection components include a Simplex 4007ES fire alarm with monitoring through Johnson Controls Inc, 17 fire extinguishers, and a 6" wet sprinkler system installed in 2022. The property is zoned OFFIC.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Demographics for 61554, IL
40,854
Population
18,788
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
73.8 sq mi
ZIP Area
554
Density / Sq Mi
$62,484
Median Household Income
$41,718
Median Earnings
$814
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building on a 1.39-acre lot with three tenants and elevator, electrical, HVAC, roof, and fire system updates.
Where is this office building located?
The property is located at 111 N 6th Street Pekin, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 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
