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Flex Space with Roll-Up Loading Doors
For Sale
$1,950,000

1805 Riverway Drive, Pekin, IL 61554

Commercial Sale, Pekin, IL

Property SizeContact for details
Lot Size3.68 Acres
Days on Market491

Property Features for 1805 Riverway Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Directions Sheridan - Koch - Riverway
Standard status Active
APN 10-10-10-100-053
Lot size 3.68 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description SEC 10 T24N R5W RIVERWAY BUSINESS PARK RESUB (OF LOT 1 BLK 2) LOT 6 NW 1/4 3.68 AC
Tax Annual Amount 39668
Legal Description SEC 10 T24N R5W RIVERWAY BUSINESS PARK RESUB (OF LOT 1 BLK 2) LOT 6 NW 1/4 3.68 AC

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

high-speed internet capabilities
security system
generator back-up

Building Details

Floors in Building 1
Flooring type Tile, Concrete
Building materials Steel Frame
Roof type Rolled Hot Mop
Listing Agency: Gallery Homes Real Estate
Listed By: Mary Davis · License #475159029
Added: Apr 18, 2025 Changed: Aug 19 Last Checked: Aug 21 at 8:06AM
MLS# PA1257238

Copyright © 2026 RMLS Alliance. 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.

This flex space building is updated to support both administrative and logistical operations under one roof. The front portion features a totally renovated modern professional office space with an updated lobby, multiple private offices, a kitchen/break room, and an open-concept workspace, with large windows providing natural light. Office upgrades include updated flooring, energy-efficient lighting, and high-speed internet capabilities.

The rear portion provides a spacious warehouse area with 15' to 18' ceiling heights, reinforced concrete flooring, and roll-up bay doors for loading and unloading. The warehouse is climate-controlled and includes ample storage space, designated shipping and receiving areas, and additional operational support.

Additional property features include ample parking, a security system, generator back-up, and HVAC system updates. The building has a steel frame construction, central air cooling, forced-air natural gas heating, public sewer service, and a rolled hot mop roof. The property is located close to Interstate 474.

Key Highlights

  • 3.68‑acre industrial flex property in Pekin
  • 15' to 18' ceiling heights in the warehouse
  • Roll‑up bay doors for loading and unloading

Property Analytics

Current Use

PAL Health Technologies Production Facility AJR Brands (Bike/Boat/Book/etc) Store Xtremity 3D Medical Clinic Adam Quinn Physician Dr. Lily Tran Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
Balanced
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex building with renovated office and climate-controlled warehouse loading via roll-up bay doors and on-site parking.
Where is this flex space located?
The property is located at 1805 Riverway Drive Pekin, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 3.68‑acre industrial flex property in Pekin; 15' to 18' ceiling heights in the warehouse; Roll‑up bay doors for loading and unloading
More about this property
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