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359 Court St Pekin, IL 61554

Sponsored
For Sale
$299,900

Historic building, high potential, $299,900

Property size:
12,213 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 12,213 square foot commercial property, located at 359 Court Street in the heart of downtown Pekin, Illinois, presents a spectacular investment opportunity. The building, a charming historic structure situated near the courthouse, offers approximately 4,000 square feet on both the main and upper floors, providing ample space for a variety of businesses. The electrical system was updated in 2010, and the roof liner, featuring a fiber base with spray-on coating, was also replaced in 2010. A significant advantage is the non-load-bearing walls between rooms, allowing for flexible space planning and the creation of larger, open areas to suit specific business needs. The property includes a fully installed fire suppression system, ensuring safety and peace of mind. To further enhance the property, the seller is offering a $10,000 rebate towards bathroom upgrades. This is a rare chance to acquire a substantial, well-maintained commercial building in a prime downtown location with significant upside potential. The property sits on a 0-acre lot.

Property Features for 359 Court St

General Information

Property type
Other commercial real estate
Square Feet
12,213 SF

Building Details

Year Built
1910

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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
-89.64698
Latitude
40.5696

FAQs

What type of property is this?
Commercial real estate - Historic building, high potential, $299,900
Where is this commercial real estate located?
The property is located at 359 Court St Pekin, IL.
What is the asking price?
The asking price for this property is $299,900.
More about this property
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