7-Unit Mixed-Use
For Sale
$230,000
331 S 4th St, Pekin, IL 61554
Vacant property combining a commercial office area with residential units across multiple levels.
Property Size3,636 SF
Price / SF$63.26
Days on Market9
Property Features for 331 S 4th St
General Information
Standard status
Active
Size
3,636 SF
Property Condition
Severity
Repairs Needed
Evidence
in need of cosmetic updates throughout
Units
Unit Mix
4 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
6
Office Units
1
Building Details
Buildings
1
Owner Occupied
No
Listing Agency:
eXp Realty
Listed By:
Raul Rodriguez
(786) 383-9136
Source:
Schaublerealty
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 24 at 11:36AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This vacant mixed-use building contains 3,636 square feet and is arranged for both office and residential occupancy. The commercial component includes a large office area with three rooms, one half bath, and two side-by-side entrances that may support separate suite configurations. Six residential units include four upper-level apartments, one main-level apartment, and one basement or garden-level apartment. Unit layouts range from one to two bedrooms, with each residential unit offering one bath.
The property requires primarily cosmetic work, including flooring, paint, and appliance updates. Additional repairs include replacement or repair of the exterior rear steps serving the back unit and flooring work in one second-floor rear apartment, where the bathroom may also require renovation. Tall ceilings and natural light are present in the residential units. The property is located at 331 S 4th St in Pekin, Illinois.
The property requires primarily cosmetic work, including flooring, paint, and appliance updates. Additional repairs include replacement or repair of the exterior rear steps serving the back unit and flooring work in one second-floor rear apartment, where the bathroom may also require renovation. Tall ceilings and natural light are present in the residential units. The property is located at 331 S 4th St in Pekin, Illinois.
Key Highlights
- 7‑unit mixed‑use building with 3,636 square feet
- Commercial office area with three rooms, one half bath, and two entrances
- Six residential apartments across upper, main, and basement or garden levels
Property Analytics
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Current Use
Lease Details
1
Office units
6
Residential units
Location Intelligence
Trade Area within ½ mile
707
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant property combining a commercial office area with residential units across multiple levels.
Where is this mixed-use property located?
The property is located at 331 S 4th St Pekin, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 7‑unit mixed‑use building with 3,636 square feet; Commercial office area with three rooms, one half bath, and two entrances; Six residential apartments across upper, main, and basement or garden levels
