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Property profile & analytics

2615 14th St Pekin, IL 61554-7914

  • Retail space
  • 2,449 SF
  • 0.76 lot acres
OFF-MARKET
Value Estimations
$240,000
Show details
Cap Rate Potential
9.6%
Retail space
Location Intelligence
Property ID
US28-3574487
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Heartland Marketing / Marketing Agency

Property Details for 2615 14th St

Year built
1990
Lot size
0.76 lot acres
Property size
2,449 SF
Property type
Retail space
APN
10-10-11-400-044
APU
101011400044

Description

This well-maintained Pekin, Illinois commercial property at 2615 S 14TH Street, zip code 61554, presents a unique investment opportunity. Priced at $350,000, this single-tenant property offers exceptional flexibility. The property is zoned for both office and retail uses, making it suitable for a variety of businesses. Its location in the south residential Tax Increment Financing (TIF) district provides potential advantages. The surrounding area features a diverse mix of medical facilities, multi-family dwellings, and new construction, indicating a dynamic and growing neighborhood. The property boasts excellent visibility from 14th Street, ensuring high traffic exposure for any business. The property type includes land, office, and retail space, catering to a wide range of potential uses, including commercial, executive office, medical office, restaurant, government, and other suitable ventures. This versatile property is situated in Tazewell County and offers a compelling opportunity for entrepreneurs and investors alike. The property's location at latitude 40.5395782 and longitude -89.6318122 provides easy access to local amenities and transportation routes. The property's adaptability and prime location make it an attractive investment prospect in the Pekin market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $240,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $180,000
    Market price range: $72.3k - $274k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pekin
County
Tazewell
State
Illinois
Longitude
-89.6319
Latitude
40.5393
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,228
$23,240
$20,210
$43,450
-
$69,720
$60,630
$130,350
More about this property
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