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Updated Multi-Tenant Office Building
For Sale
$2,000,000

111 N 6th Street, Pekin, IL 61554

Commercial Sale, Pekin, IL

Property SizeContact for details
Lot Size1.39 Acres
Days on Market187

Property Features for 111 N 6th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions I-74 West to Peoria - I474 West - Exit 9 towards Pekin - Left onto Illinois Rive Road/IL-29 - 1st Right onto N 6th St to 111 N 6th St
Subdivision Pekin
Standard status Active
APN 040435332001
Lot size 1.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21502

Utilities

Cooling system Zoned

Building Details

Year built 1977
Floors in Building 3
Number of units 1
Listing Agency: BHHS Central Illinois, REALTORS · Berkshire Hathaway HomeServices
Listed By: Sherye Przybyla · License #475142677
Added: Feb 24 Changed: Aug 19 Last Checked: Aug 30 at 3:06PM
MLS# 12569299

Copyright © 2026 Midwest Real Estate Data, LLC. 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 1977 office building at 111 N 6th Street in Pekin contains three occupied tenant spaces with recently updated interiors. The property includes two elevators modernized in 2022, several updated HVAC units, and electrical improvements featuring 3,000 AMP switch gear, newer breakers, five transformers installed in 2022, and 13 replacement sub panels.

Building infrastructure also includes a 2021 TPO membrane layover with a 20 year Mulehide Total System Warranty, a Simplex 4007ES fire alarm monitored by Johnson Controls Inc., 17 fire extinguishers, and a 6" wet sprinkler system installed in 2022. The site encompasses 1.39 acres and carries OFFIC zoning. Its downtown setting places the building near local businesses, services, and municipal amenities.

Key Highlights

  • Three tenants currently occupy recently updated interior spaces
  • Two elevators updated in 2022
  • 3,000 AMP switch gear and five transformers installed in 2022

Property Analytics

Current Use

Classical Dance Academy Training Center Wyatt Garage Door's ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Auto Parts Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

714
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
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Frequently Asked Questions

What type of property is this?
Office building - Three tenants occupy recently updated interior spaces in a downtown Pekin commercial property.
Where is this office building located?
The property is located at 111 N 6th Street 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: Three tenants currently occupy recently updated interior spaces; Two elevators updated in 2022; 3,000 AMP switch gear and five transformers installed in 2022
More about this property
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