101 Parkway DrPekin, IL 61554

For Sale
$494,900

Medical Office Building, Apartments, High Visibility

Overview

Added:
Feb 3
Days on market:
41
This exceptional 7,653 square foot commercial building, located on the highly visible corner of Parkway Drive and Broadway in Pekin, Illinois, presents a unique investment opportunity. Currently configured as a medical office, the main level boasts a welcoming lobby, five exam rooms, a procedure room, two offices, and a bathroom. The finished basement provides additional space, including a kitchenette, a half-bathroom, four private offices, a conference area, and ample storage. A significant advantage is the inclusion of two separate apartments, each featuring a kitchen, living room, bedroom, bathroom, and storage. These apartments, currently vacant, offer potential rental income. The property also features a substantial parking lot and a convenient carport. The building is zoned B3. While the square footage is an estimate based on Tazewell County records, the property's size and versatile layout make it ideal for a variety of uses. Its prime location ensures high visibility and excellent traffic flow, making it an attractive option for businesses seeking a prominent presence in Pekin. The building's quality improvements throughout contribute to its overall appeal and functionality. This property offers a blend of commercial and residential space, presenting a compelling investment opportunity with significant upside potential.

Property Details for 101 Parkway Dr

Property type
Other commercial real estate
Square Feet
7,653 SF
Year Built
1971

Location Insight

City
Pekin
County
Tazewell
State
Illinois
Latitude
40.5681
Longitude
-89.61844
101 Parkway Dr, Pekin, Illinois
Leaflet | © OpenStreetMap contributors

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101 Parkway Dr
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