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Remodeled Office Building
For Sale
Contact for pricing
Pending

400 Margaret Street, Pekin, IL 61554

Remodeled former city hall building suitable for office use.

Property SizeContact for details
Days on Market148

Property Features for 400 Margaret Street

General Information

Standard status Pending
Property subtype Office, Industrial
Listing Agency: Cramer Real Estate
Listed By: Kibbie Christenberry · License #IA
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 2 at 7:33AM

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 Cramer Real Estate

Investment Insights

Based on property information with market context.

Located at 400 Margaret Street in Pekin, Illinois, this remodeled office building occupies a former city hall facility. The property is identified for office use, with building size estimated from Tazewell County records.

Key Highlights

  • Remodeled former city hall building
  • Identified for office use
  • 400 Margaret Street address in Pekin, IL

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Auto Parts Store Skin Care Clinic

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

714
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Remodeled former city hall building suitable for office use.
Where is this office building located?
The property is located at 400 Margaret Street Pekin, IL.
What are key features of this property?
This property features: Remodeled former city hall building; Identified for office use; 400 Margaret Street address in Pekin, IL
More about this property
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