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Updated Mixed-Use Property
For Sale
$135,000

515 Elizabeth St, Pekin, IL 61554

Two-level property with an upper floor formerly configured as a residential rental and multiple recent building updates.

Property Size2,852 SF
Price / SF$47.34
Days on Market29

Property Features for 515 Elizabeth St

General Information

Standard status Active
Size 2,852 SF
Listing Agency: Kaebel, REALTOR
Listed By: Kibbie Christenberry · License #475131460
Source: Schaublerealty
Added: Aug 3 Changed: Aug 30 Last Checked: Aug 30 at 8:23PM

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 Kaebel, REALTOR

Investment Insights

Based on property information with market context.

Located at 515 Elizabeth St in Pekin, the 2,852-square-foot mixed-use property occupies a downtown position across from the Post office. The building includes an upper level that was previously arranged as a rental with two bedrooms, a kitchen, sunroom, living room, and full bathroom.

Recent work includes roof shingle replacement, installation of two furnaces and two central air units, two full bathrooms, a kitchen, and new flooring. The combination of commercial classification and an existing upper-floor residential configuration provides a range of potential layouts for an owner-user or other permitted application. Square footage and room dimensions are based on county records and estimates.

Key Highlights

  • 2,852‑square‑foot mixed‑use property at 515 Elizabeth St, Pekin, IL
  • Downtown setting across from the Post office
  • Upper level formerly configured with 2 bedrooms, kitchen, sunroom, living room, and bathroom

Property Analytics

Current Use

Pekin Outreach Initiative Social Service Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Daycare Center Spa & Massage Center 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

722
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property with an upper floor formerly configured as a residential rental and multiple recent building updates.
Where is this mixed-use property located?
The property is located at 515 Elizabeth St Pekin, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 2,852‑square‑foot mixed‑use property at 515 Elizabeth St, Pekin, IL; Downtown setting across from the Post office; Upper level formerly configured with 2 bedrooms, kitchen, sunroom, living room, and bathroom
More about this property
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