Updated Multi-Tenant Office
New
For Sale
$2,000,000
111 N 6th St, Pekin, IL 61554
Occupied office property with updated interiors and substantial improvements to major building systems.
Property Size53,900 SF
Price / SF$37.11
Days on Market2
Property Features for 111 N 6th St
General Information
Standard status
Active
Size
53,900 SF
Elevators
Yes
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1977
Tenancy
Multi
Listing Agency:
BHHS Central Illinois, REALTORS
Listed By:
Sherye Przybyla · License #475142677
(309) 242-4443
Source:
Liveliferealty
Added: Sep 10
Last Checked: Sep 10 at 2:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Central Illinois, REALTORS
Investment Insights
Based on property information with market context.
This 53,900-square-foot office building, constructed in 1977, contains three tenant spaces within a downtown Pekin setting. Interior areas have been updated, while several major systems have received capital improvements. Two elevators were modernized in 2022, and the electrical infrastructure includes 2022 3,000 AMP switchgear, newer breakers for the existing feeders, five transformers installed in 2022, and 13 replacement subpanels. Several HVAC units have also been updated.
The building includes a TPO layover roof installed in 2021 with a 20-year Mulehide Total System Warranty. Fire and life-safety improvements include 17 fire extinguishers, a Simplex 4007ES fire alarm monitored by Johnson Controls Inc., and a 6-inch wet sprinkler system installed in 2022. The property is located at 111 N 6th St in Pekin, Illinois, near local businesses, services, and municipal amenities.
The building includes a TPO layover roof installed in 2021 with a 20-year Mulehide Total System Warranty. Fire and life-safety improvements include 17 fire extinguishers, a Simplex 4007ES fire alarm monitored by Johnson Controls Inc., and a 6-inch wet sprinkler system installed in 2022. The property is located at 111 N 6th St in Pekin, Illinois, near local businesses, services, and municipal amenities.
Key Highlights
- 53,900‑square‑foot office building with 3 tenants
- Two elevators updated in 2022
- 2022 electrical improvements include 3,000 AMP switchgear and 5 transformers
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
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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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Occupied office property with updated interiors and substantial improvements to major building systems.
Where is this office building located?
The property is located at 111 N 6th St Pekin, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 53,900‑square‑foot office building with 3 tenants; Two elevators updated in 2022; 2022 electrical improvements include 3,000 AMP switchgear and 5 transformers
