8-Unit Apartment
For Sale
$674,900
740 E SHORE Drive, Pekin, IL 61554
MULTI_FAMILY - Pekin, IL
Property SizeContact for details
Lot Size0.64 Acres
Days on Market422
Property Features for 740 E SHORE Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking
12
Lot features
Cul-De-Sac
High school
Pekin Community
Directions
Court St. to East Shore Dr.
Standard status
Active
APN
04-10-01-311-015
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
N. 42.93 of Lot 7 & All of Lot 8 East Shore Villas
Tax Annual Amount
11313
Legal Description
N. 42.93 of Lot 7 & All of Lot 8 East Shore Villas
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
in-apartment laundry
Building Details
Year built
1966
Number of units
8
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
R & R Realty
(309) 696-7628
Listed By:
Tonya Crawford · License #471009760
(309) 696-7628
Added: Jun 25, 2025
Changed: Aug 2
Last Checked: Aug 20 at 4:06PM
MLS# PA1258917
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.
Well-maintained 8-unit apartment building at 740 E Shore Drive in Pekin, IL, built in 1966. Each unit is a two-bedroom layout and includes in-apartment laundry. The building features forced-air heating and central air cooling, with wood siding and a shingle roof.
Set on a 0.639-acre lot, the property is located near Lake Arlann, offering a quiet, residential setting. Public utilities include public water.
This configuration supports long-term rental living with in-unit laundry convenience and consistent building systems across the apartment homes.
Set on a 0.639-acre lot, the property is located near Lake Arlann, offering a quiet, residential setting. Public utilities include public water.
This configuration supports long-term rental living with in-unit laundry convenience and consistent building systems across the apartment homes.
Key Highlights
- 8‑unit apartment building with two‑bedroom units
- In‑apartment laundry in every unit
- Central air cooling and forced‑air heating
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
391
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 8-unit property with in-apartment laundry and central air, on a 0.639-acre site near Lake Arlann.
Where is this apartment building located?
The property is located at 740 E SHORE Drive Pekin, IL.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: 8‑unit apartment building with two‑bedroom units; In‑apartment laundry in every unit; Central air cooling and forced‑air heating
