Mixed-Use Office with Attached
New
For Sale
$149,900
611 Margaret Street, Pekin, IL 61554
Downtown office space offers single- or multi-tenant configuration and a second floor suited to residential use.
Property Size4,280 SF
Days on Market2
Property Features for 611 Margaret Street
General Information
Standard status
Active
Size
4,280 SF
Total Parking Spaces
17
Property subtype
Mixed Use
Zoning
OS-1
Amenities
Flexible Single or Multi-Tenant Office Space
2-Stall Attached Garage + Up to 17 Parking Spaces
Second-Floor Residential Potential
Building Details
Building Size
4,280 SF
Year Built
1862
Listing Agency:
RE/MAX
Listed By:
Jessica Ball · License #475175281
(309) 687-5000
Source:
Remaxcommercial
Added: Oct 4
Last Checked: Oct 4 at 2:32PM
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
Investment Insights
Based on property information with market context.
This downtown mixed-use property has office space that can be arranged for one occupant or multiple tenants. The second floor can serve residential use and previously contained two apartments. An attached two-stall garage and a courtyard enclosed by privacy fencing add functional space. The building dates to 1862, with a new roof, gutters, and exterior paint completed in 2021.
Located at 611 Margaret Street in Pekin, the property has up to 17 parking spaces in addition to the garage. Zoning is OS-1.
Located at 611 Margaret Street in Pekin, the property has up to 17 parking spaces in addition to the garage. Zoning is OS-1.
Key Highlights
- Office layout can accommodate one tenant or multiple occupants
- Second floor can be used for residential purposes; previously configured as 2 apartments
- 2‑stall attached garage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
714
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown office space offers single- or multi-tenant configuration and a second floor suited to residential use.
Where is this mixed-use property located?
The property is located at 611 Margaret Street Pekin, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Office layout can accommodate one tenant or multiple occupants; Second floor can be used for residential purposes; previously configured as 2 apartments; 2‑stall attached garage
