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    3465 Court St Pekin, IL 61554

    Sponsored
    For Sale
    $1,154,340

    2.65 Acres, Ideal for Development

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 2.65-acre commercial property, located at 3465 Court Street Unit 6 in Pekin, Illinois, presents a unique investment opportunity. The expansive lot offers significant potential for a variety of commercial ventures, providing ample space for construction or redevelopment. Its strategic location within Pekin offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the area. The property is classified as General Commercial, allowing for a wide range of potential uses, subject to local zoning regulations. The asking price for this substantial land parcel is $1,154,340. Given the size and location, this property represents a compelling investment opportunity for developers and entrepreneurs looking to establish a significant commercial presence in a thriving Illinois market. Detailed site plans and zoning information are readily available upon request. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's address is clearly identified as 3465 Court Street Unit 6, Pekin, IL. Prospective buyers are advised to conduct their own due diligence regarding zoning and permitted uses. This is a rare opportunity to acquire a large commercial parcel in a desirable location. Don't miss out on this chance to secure a prime piece of Pekin real estate.

    Property Features for 3465 Court St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    115,434 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunham's Sports Sporting Goods Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.5975
    Latitude
    40.54575

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    FAQs

    What type of property is this?
    Commercial real estate - 2.65 Acres, Ideal for Development
    Where is this commercial real estate located?
    The property is located at 3465 Court St Pekin, IL.
    What is the asking price?
    The asking price for this property is $1,154,340.
    Request Owner's contact information
    3465 Court St Pekin, IL 61554
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    Pekin, IL 61554
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3465 Court St Pekin, IL 61554
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