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Updated Flex Space With Warehouse
For Sale
$1,700,000

1805 Riverway Drive, Pekin, IL 61554

Commercial Sale, Pekin, IL

Property SizeContact for details
Lot Size3.68 Acres
Days on Market496

Property Features for 1805 Riverway Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Directions Sheridan - Koch - Riverway
Standard status Active
APN 10-10-10-100-053
Lot size 3.68 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description SEC 10 T24N R5W RIVERWAY BUSINESS PARK RESUB (OF LOT 1 BLK 2) LOT 6 NW 1/4 3.68 AC
Tax Annual Amount 39668
Legal Description SEC 10 T24N R5W RIVERWAY BUSINESS PARK RESUB (OF LOT 1 BLK 2) LOT 6 NW 1/4 3.68 AC

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

high-speed internet capabilities
break room
security system
generator backup

Building Details

Floors in Building 1
Flooring type Concrete, Tile
Building materials Steel Frame
Roof type Rolled Hot Mop
Listing Agency: Gallery Homes Real Estate
Listed By: Mary Davis · License #475159029
Added: Apr 18, 2025 Changed: Aug 22 Last Checked: Aug 26 at 12:06PM
MLS# PA1257238

Copyright © 2026 RMLS Alliance. 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 updated flex property combines a renovated office component with a substantial warehouse area within a steel-frame building. The office side includes a refreshed lobby, private offices, kitchen and break-room space, and an open work area with large windows, upgraded flooring, energy-efficient lighting, and high-speed internet capabilities. Ceiling heights range from 15' to 18'.

The rear warehouse offers climate control, reinforced concrete floors, roll-up bay doors, storage capacity, and dedicated shipping and receiving areas. Additional property improvements include HVAC, central air, a security system, generator backup, and parking. The 3.68-acre site is located at 1805 Riverway Drive in Pekin, Illinois, with access to public sewer and proximity to Interstate 474. Industrial zoning supports the property’s commercial and operational profile.

Key Highlights

  • 3.68‑acre industrial‑zoned site at 1805 Riverway Drive, Pekin, IL 61554
  • 15' to 18' ceiling heights across office and warehouse areas
  • Renovated office space with lobby, private offices, break room, and open workspace

Property Analytics

Current Use

PAL Health Technologies Production Facility AJR Brands (Bike/Boat/Book/etc) Store Xtremity 3D Medical Clinic Adam Quinn Physician Dr. Lily Tran Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
Balanced
Demand for This Use

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Renovated offices and climate-controlled warehouse space support administrative and logistical operations in one facility.
Where is this flex space located?
The property is located at 1805 Riverway Drive Pekin, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3.68‑acre industrial‑zoned site at 1805 Riverway Drive, Pekin, IL 61554; 15' to 18' ceiling heights across office and warehouse areas; Renovated office space with lobby, private offices, break room, and open workspace
More about this property
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