Two-Unit Office
For Lease
Contact for pricing
530 Margaret Street, Pekin, IL 61554
B-2-zoned office property with separate entrances and kitchenette amenities.
Space Size2,752 SF
Days on Market1191
Property Features for 530 Margaret Street
General Information
Standard status
Active
Size
2,752 SF
Net Rentable
2,752 SF
Zoning
B-2
Lease Type
Net
Space & Availability
Available Space
2,752 SF
Contiguous Space
2,752 SF
Space Use
Office
Private Offices
5
Taxes and HOA fees
Annual Taxes
$3,997
Amenities
kitchenette
half bath
on demand water heater
Building Details
Building Size
2,752 SF
Year Built
1950
Year Renovated
2016
Buildings
1
Listing Agency:
RE/MAX Traders Unlimited
(309) 241-5610
Listed By:
Mary Ann Ladendorf · License #475099545
(309) 241-5610
Source:
Craggsrealtors
Added: May 2, 2023
Changed: Aug 2
Last Checked: Aug 3 at 12:46PM
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 RE/MAX Traders Unlimited
Investment Insights
Based on property information with market context.
This 2,752-square-foot office property contains two commercial units within a building constructed in 1950. Unit A measures 832 square feet and includes office space, a kitchenette, a half bath, and an on-demand water heater. Unit B provides 1,920 square feet with five offices, two half baths, a kitchenette, and access from both Margaret Street and 6th Street.
The property carries B-2 zoning and is located in downtown Pekin. Building updates include a furnace and central air conditioning installed in 2016, while the roof is 10 years old. The two-unit layout offers distinct office configurations within one commercial property.
The property carries B-2 zoning and is located in downtown Pekin. Building updates include a furnace and central air conditioning installed in 2016, while the roof is 10 years old. The two-unit layout offers distinct office configurations within one commercial property.
Key Highlights
- 2,752 SF office property with two commercial units
- Unit A: 832 SF with office area, kitchenette, half bath, and on‑demand water heater
- Unit B: 1,920 SF with five offices, two half baths, and kitchenette
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
583
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - B-2-zoned office property with separate entrances and kitchenette amenities.
Where is this office units located?
The property is located at 530 Margaret Street Pekin, IL.
What are key features of this property?
This property features: 2,752 SF office property with two commercial units; Unit A: 832 SF with office area, kitchenette, half bath, and on‑demand water heater; Unit B: 1,920 SF with five offices, two half baths, and kitchenette
