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Updated Mixed-Use Property
For Sale
$130,000

515 ELIZABETH Street, Pekin, IL 61554

Commercial Sale, Pekin, IL

Property SizeContact for details
Days on Market187

Property Features for 515 ELIZABETH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Directions Elizabeth Street across street from Post Office
Standard status Active
APN 04-04-35-339-014

Taxes and HOA fees

Tax Year 2024
Tax Description Original Town Lot 13 SW 1/4
Legal Description Original Town Lot 13 SW 1/4

Utilities

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

Building Details

Floors in Building 2
Flooring type Carpet, Wood, Tile
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Kaebel, REALTOR(R)
Listed By: Kibbie Christenberry · License #475131460
Added: Mar 23 Changed: Sep 17 Last Checked: Sep 25 at 1:06AM
MLS# PA1265068

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 mixed-use property in Pekin includes a commercial building with a two-level configuration. The upper floor was previously used as a residence and contains two bedrooms, a kitchen, sunroom, living room, and bathroom. The property also includes a second full bathroom and updated flooring throughout portions of the building.

Recent improvements include composition roof shingles, two furnaces, two central air units, kitchen updates, and flooring work. Construction features vinyl siding, with wood, tile, and carpet flooring. Heating is provided by natural gas forced air, while cooling is handled by central air. The property is served by public sewer and is zoned Commerical. Located at 515 Elizabeth Street in Pekin, the building sits across from the post office in the downtown area.

Key Highlights

  • Mixed‑use property at 515 Elizabeth Street in Pekin, IL 61554
  • Upper level includes 2 bedrooms, kitchen, sunroom, living room, and bathroom
  • Recent improvements include roof shingles, 2 furnaces, and 2 central air units

Property Analytics

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Current Use

Pekin Outreach Initiative Social Service Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Daycare Center Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial building with a previously residential upper floor and refreshed mechanical systems.
Where is this mixed-use property located?
The property is located at 515 ELIZABETH Street Pekin, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Mixed‑use property at 515 Elizabeth Street in Pekin, IL 61554; Upper level includes 2 bedrooms, kitchen, sunroom, living room, and bathroom; Recent improvements include roof shingles, 2 furnaces, and 2 central air units
More about this property
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