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Pekin Commercial Property For Sale
For Sale
$1,399,000

215 Fayette Street & 309 Mechanic, Pekin, IL 61554

Commercial property near government offices and retail businesses in Pekin.

Property Size31,556 SF
Price / SF$44.33
Days on Market155

Property Features for 215 Fayette Street & 309 Mechanic

General Information

Standard status Active
Size 31,556 SF
Property subtype Storage Facility Investment

Building Details

Building Size 31,556 SF
Listing Agency: Maloof Commercial Real Estate
Listed By: Jason Miller · License #IL #475.124025
Source: Maloofcom
Added: Mar 26 Changed: Aug 26 Last Checked: Aug 25 at 6:23PM

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 Maloof Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial property is located on Fayette Street and Mechanic Street in Pekin, Illinois, between 2nd and 3rd Streets, near the Secretary of State's Office. It is situated only minutes from Illinois State Route 9, also known as the John T. McNaughton Bridge. The property spans a total of 31,556 square feet. Other area businesses include Pekin City Hall, the Tazewell County Courthouse, and several office and retail businesses.

Key Highlights

  • Prime location between 2nd & 3rd Streets.
  • Close proximity to the Secretary of State's Office.
  • Minutes from Illinois State Route 9 (John T. Mcnaughton Bridge).

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store

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

620
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Commercial property near government offices and retail businesses in Pekin.
Where is this self storage facility located?
The property is located at 215 Fayette Street & 309 Mechanic Pekin, IL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Prime location between 2nd & 3rd Streets.; Close proximity to the Secretary of State's Office.; Minutes from Illinois State Route 9 (John T. Mcnaughton Bridge).
More about this property
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