Updated Commercial Building in
For Sale
$135,000
515 ELIZABETH Street, Pekin, IL 61554
COMMERCIAL - Pekin, IL
Property SizeContact for details
Days on Market149
Property Features for 515 ELIZABETH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commerical
Directions
Elizabeth Street across street from Post Office
Standard status
Active
APN
04-04-35-339-014
Taxes and HOA fees
Tax Year
2024
Tax Description
Original Town Lot 13 SW 1/4
Legal Description
Original Town Lot 13 SW 1/4
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Floors in Building
2
Flooring type
Wood, Tile, Carpet
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Kaebel, REALTOR(R)
(309) 347-6677
Listed By:
Kibbie Christenberry · License #475131460
(309) 267-0093
Added: Mar 23
Changed: Aug 4
Last Checked: Aug 18 at 8:06AM
MLS# PA1265068
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located in downtown Pekin, Illinois, across from the Post Office. The building has undergone numerous updates in recent years, including roof shingles, two furnaces, two central air units, two full bathrooms, a kitchen, and flooring. The upper level previously served as a rental unit, featuring two bedrooms, a kitchen, a sunroom, a living room, and a bathroom. The square footage is based on Tazewell County records. This property presents various opportunities for commercial use.
Key Highlights
- Downtown location across from the Post Office
- Updates in the last few years include roof shingles, flooring, kitchen, and 2 full bathrooms
- Heating: natural gas forced air with 2 furnaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
607
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Downtown Pekin commercial building with recent updates and rental potential.
Where is this single family property located?
The property is located at 515 ELIZABETH Street 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: Downtown location across from the Post Office; Updates in the last few years include roof shingles, flooring, kitchen, and 2 full bathrooms; Heating: natural gas forced air with 2 furnaces
