Former Movie Theater
New
For Sale
$990,000
1124 Edgewater Drive North, Pekin, IL 61554
B-1-zoned entertainment property with substantial parking and access from IL-98 near I-474.
Property Size44,281 SF
Days on Market5
Property Features for 1124 Edgewater Drive North
General Information
Standard status
Active
Size
44,281 SF
Total Parking Spaces
692
Property subtype
Industrial
Zoning
B-1
Amenities
Excellent Location Along IL-98 Near 1-474
Zoning Allows for Wide Variety of Uses and Potential to Rezone
Large Paved Parking Lot - Approximately 692 Space
Building Details
Building Size
44,281 SF
Year Built
1999
Listing Agency:
RE/MAX
Listed By:
Jessica Ball · License #475175281
(309) 687-5000
Source:
Remaxcommercial
Added: Sep 22
Last Checked: Sep 26 at 3:30AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This 18.96-acre property includes a 44,281-square-foot former movie theater complex constructed in 1999. Theater furniture and equipment have been removed, and the building is winterized. The site also includes a 209,250-square-foot paved parking area with approximately 692 spaces.
The property fronts IL-98 and sits near I-474, providing access toward Peoria and Tazewell Counties. B-1 zoning supports a range of business and commercial uses identified in the property information, including retail, hospitality, medical, office, and restaurant applications. Potential rezoning for storage, warehouse, automotive-related, or other uses is also noted.
The property fronts IL-98 and sits near I-474, providing access toward Peoria and Tazewell Counties. B-1 zoning supports a range of business and commercial uses identified in the property information, including retail, hospitality, medical, office, and restaurant applications. Potential rezoning for storage, warehouse, automotive-related, or other uses is also noted.
Key Highlights
- 18.96‑acre site with a 44,281 SF former movie theater complex
- Constructed in 1999; theater furniture and equipment have been removed
- 209,250 SF paved parking area with approximately 692 spaces
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
107
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - B-1-zoned entertainment property with substantial parking and access from IL-98 near I-474.
Where is this theater & concert hall located?
The property is located at 1124 Edgewater Drive North Pekin, IL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 18.96‑acre site with a 44,281 SF former movie theater complex; Constructed in 1999; theater furniture and equipment have been removed; 209,250 SF paved parking area with approximately 692 spaces
