Search
Mixed-Use Building with Apartments
For Sale
$494,900

101 N PARKWAY Drive, Pekin, IL 61554

Commercial Sale, Pekin, IL

Property Size7,653 SF
Price / SF$64.67
Days on Market1034

Property Features for 101 N PARKWAY Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning B 3
Directions Corner of Parkway Drive and Broadway in Pekin
Standard status Active
APN 04-04-36-326-022

Taxes and HOA fees

Tax Year 2022
Tax Description SEC 36 T25N R5W PARKWAY MANOR EXT 4 LOTS 56 & 57 (EXC .09 AC ROW) SW 1/4
Tax Annual Amount 18034
Legal Description SEC 36 T25N R5W PARKWAY MANOR EXT 4 LOTS 56 & 57 (EXC .09 AC ROW) SW 1/4

Utilities

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

Building Details

Year built 1971
Floors in Building 2
Flooring type Carpet
Building materials Brick, Vinyl Siding, Frame
Roof type Composition, Metal
Listing Agency: Kaebel, REALTOR(R)
Listed By: Kibbie Christenberry · License #475131460
Added: Oct 23, 2023 Changed: Aug 19 Last Checked: Aug 21 at 4:06AM
MLS# PA1246366

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 1971 mixed-use building includes a medical office configuration on the main level, with a lobby, 5 exam rooms, 1 procedure room, 2 offices, and 1 bathroom. Finished basement areas add a kitchenette, 1/2 bathroom, 4 private offices, a conference area, and storage rooms.

The upper level contains 2 offices and 2 apartments, each arranged with a kitchen, living room, 1 bedroom, bathroom, and storage room. The apartments have deck access to stairs serving separate entries. The property also includes a large parking lot and an entryway carport. Brick, vinyl siding, and frame construction are present, along with natural gas forced-air heat, central air, public sewer, and metal and composition roofing. Zoning is B3.

Key Highlights

  • B3 zoning with mixed‑use office and apartment configuration
  • Main level includes 5 exam rooms, 1 procedure room, 2 offices, and a lobby
  • Finished basement has 4 private offices, conference area, kitchenette, and storage

Property Analytics

Current Use

The Women Center For Health Physician Roark Michael MD Physician Dr. Lynn Kepple-Byerly, ... Ophthalmologist The Women's & Family Center ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store

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

411
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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - B3-zoned property combines medical office improvements with upper-level residential units.
Where is this mixed-use property located?
The property is located at 101 N PARKWAY Drive Pekin, IL.
What is the asking price?
The asking price for this property is $494,900.
What are key features of this property?
This property features: B3 zoning with mixed‑use office and apartment configuration; Main level includes 5 exam rooms, 1 procedure room, 2 offices, and a lobby; Finished basement has 4 private offices, conference area, kitchenette, and storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message