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Corner Retail Property
For Sale
Contact for pricing
Pending

514 N 5th Street, Pekin, IL 61554

Corner retail property with strong visibility and on-site parking.

Property SizeContact for details
Days on Market148

Property Features for 514 N 5th Street

General Information

Standard status Pending
Property subtype Retail, Multifamily, Self Storage
Listing Agency: Cramer Real Estate
Listed By: Kibbie Christenberry · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 3 at 11:25AM

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 Cramer Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail property offers corner visibility and parking, creating a straightforward setup for retail tenants seeking exposure and convenient customer access.

The building is located on the corner of North 5th Street and State Street in Pekin, IL, with visibility to passing traffic from both directions.

The property is positioned to support a range of retail possibilities based on the existing configuration and available parking.

Key Highlights

  • Corner retail property on North 5th St and State St in Pekin
  • Strong visibility from the corner location
  • On‑site parking available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Daycare Center Electrical Service Skin Care Clinic Bakery

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

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
85k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Groceries 24% Dining 20% Electronics 1%
Schnucks Groceries
20,437 visits/mo 0.4 miles
Circle K Shops & Services
18,940 visits/mo 0.4 miles
Hardee's Dining
12,901 visits/mo 0.3 miles
Dollar Tree Shops & Services
10,446 visits/mo 0.5 miles
Dollar General Shops & Services
9,269 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail property with strong visibility and on-site parking.
Where is this retail space located?
The property is located at 514 N 5th Street Pekin, IL.
What are key features of this property?
This property features: Corner retail property on North 5th St and State St in Pekin; Strong visibility from the corner location; On‑site parking available
More about this property
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