Two-Story Apartment
New
For Sale
$275,000
609 S 3RD Street, Pekin, IL 61554
Six residential units feature walk-in closets, tenant-paid utilities, and individually managed heating and air conditioning.
Property SizeContact for details
Days on Market3
Property Features for 609 S 3RD Street
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Additional Details
Gross Income
$48,600
Amenities
walk-in closet
Building Details
Year Built
1975
Stories
2
Listing Agency:
RE/MAX Traders Unlimited
(309) 678-0986
Listed By:
Mackenzie Price · License #RMA23798
Source:
Brysonsmithteam
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 1:17PM
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 Traders Unlimited
Investment Insights
Based on property information with market context.
This 1975 apartment building contains six one-bedroom, one-bathroom residences arranged across two floors, with three apartments on each level. Walk-in closets provide additional storage, while electric baseboard heat and window air-conditioning units allow residents to control their own utility usage. Tenants pay all utilities.
Unit 2 is vacant and has received new bedroom flooring, interior paint, refinished kitchen cabinetry, updated lighting, a water heater, and a stove. Additional property improvements include six electrical panels installed in 2026, plus new water heaters serving units 2 and 6 in 2026. The exterior has also been repainted. The property is offered as-is, with leases, expenses, and operating details subject to buyer verification.
Unit 2 is vacant and has received new bedroom flooring, interior paint, refinished kitchen cabinetry, updated lighting, a water heater, and a stove. Additional property improvements include six electrical panels installed in 2026, plus new water heaters serving units 2 and 6 in 2026. The exterior has also been repainted. The property is offered as-is, with leases, expenses, and operating details subject to buyer verification.
Key Highlights
- Six units; each offers one bedroom, one bathroom, and a walk‑in closet
- Two‑story layout with 3 apartments on each level
- Unit 2 is vacant and recently refreshed with flooring, paint, lighting, cabinetry, a water heater, and a stove
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
602
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six residential units feature walk-in closets, tenant-paid utilities, and individually managed heating and air conditioning.
Where is this apartment building located?
The property is located at 609 S 3RD Street Pekin, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Six units; each offers one bedroom, one bathroom, and a walk‑in closet; Two‑story layout with 3 apartments on each level; Unit 2 is vacant and recently refreshed with flooring, paint, lighting, cabinetry, a water heater, and a stove
