268-270 DERBY Street, Pekin, IL 61554

Building Details

Buildings 2 More

Listing Agency: Coldwell Banker Real Estate Group

Listed By: Traci Buttrum · License #475156520 Show Phone

Source: Crexi

Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 6:15PM

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Investment Insights

Based on property information with market context.

This flex property includes a main building with four distinct areas, along with a secondary three-stall building. Two carports, two sheds, a fenced area, and on-site parking provide additional space for vehicles and storage.

The property is in the Court Street TIF District in Pekin, Illinois. An Adams sign sits at the southwest corner of the site.

Key Highlights

• Main building divided into four distinct areas
• Secondary building with 3 stalls
• Includes 2 carports and 2 sheds

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Electrical Service Parking Lot & Garage

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

Fenced yard

Location Intelligence

Trade Area within ½ mile

241

Businesses Nearby

Under-served

Demand for This Use

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - A separate three-stall building and multiple storage structures complement the main commercial space.

Where is this flex space located?

The property is located at 268-270 DERBY Street Pekin, IL.

What is the asking price?

The asking price for this property is $129,000.

What are key features of this property?

This property features: Main building divided into four distinct areas; Secondary building with 3 stalls; Includes 2 carports and 2 sheds