Mixed-Use

Pekin, IL Mixed-use Properties for Sale

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Peoria, IL Mapleton, IL Creve Coeur, IL Bartonville, IL South Pekin, IL Groveland, IL Green Valley, IL East Peoria, IL
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Updated Mixed-Use Property
Updated: Mar 23
Updated Mixed-Use Property

515 ELIZABETH Street, Pekin, IL 61554

$135,000
Mixed‑use property at 515 Elizabeth Street in Pekin, IL 61554
Upper level includes 2 bedrooms, kitchen, sunroom, living room, and bathroom
Recent improvements include roof shingles, 2 furnaces, and 2 central air units
2 full bathrooms and an updated kitchen
Natural gas forced‑air heating with 2 central air units
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Mixed-Use Property with Open Floorplan
Updated: Sep 26, 2025
Mixed-Use Property with Open Floorplan

910 DERBY Street, Pekin, IL 61554

$199,000
B‑3 zoning
Main floor features a large open commercial area
Upper level measures 926 SF with 2 bedrooms, living room, dining room, kitchen, and bathroom
Recent fresh paint and newer flooring
Rear open area includes a half bath
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7-Unit Apartment Building with Office
7-Unit Apartment Building with Office

331 S 4TH Street, Pekin, IL 61554

$230,000

Vacant property combines six residential units with a commercial office area featuring two entrances.

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See what stands out in Tazewell County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Three-Unit Mixed-Use Property
Three-Unit Mixed-Use Property

1310 Derby St, Pekin, IL 61554

$280,000
7,044 sqft

Two occupied spaces support ongoing commercial use, while a vacant suite retains plumbing from its former laundromat configuration.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

101 N PARKWAY Drive, Pekin, IL 61554

$494,900

B3-zoned property combines medical office improvements with upper-level residential units.

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Mixed-Use Property with Open Space
Mixed-Use Property with Open Space

910 Derby St, Pekin, IL 61554

$199,000
3,932 sqft

B-3-zoned property combines open commercial areas with an upper-level residential layout.

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Updated Mixed-Use Property
Updated Mixed-Use Property

515 Elizabeth St, Pekin, IL 61554

$135,000
2,852 sqft

Two-level property with an upper floor formerly configured as a residential rental and multiple recent building updates.

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Pekin Commercial Building For Sale
Pekin Commercial Building For Sale

215 COURT Street, Pekin, IL 61554

Contact for pricing

Downtown Pekin commercial building with high visibility and flexible layout.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Pekin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Long-Term Tenants
Mixed-Use Building with Long-Term Tenants

19478 Springfield Road, Groveland, IL 61535

$565,000
6,200 sqft

Newly remodeled mixed-use building with two apartments and three commercial units, fully occupied with long-term leases in place.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

Peoria, IL 61607

$279,900
2,000 sqft

Two-building property combines leased commercial space, four apartments, and garage parking across three parcels.

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Historic Mixed-Use Property
Historic Mixed-Use Property

701 Main Street, Peoria, IL 61602

$3,100,000

Renovated landmark combines apartments with ground-floor retail space.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

19478 SPRINGFIELD Road, Groveland, IL 61535

$565,000

Five-unit property combines residential apartments with commercial space and established tenancy in Groveland.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000
2.92 AC lot

C2-zoned commercial land with water available and an existing billboard.

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Pekin, IL Mixed-Use Properties Market Trends and Statistics

Explore 8 mixed-use properties for sale in Pekin, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 13,828 square feet of properties for sale, with an estimated market value of $1,672,900.

Sale prices for multi use buildings in Pekin, IL start at $135,000, averaging $238,985, and reaching up to $494,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K
Population Growth (5Y) -3.0%
Median Household Income $62,484
College Educated 8.7%

High-Yield Neighborhoods for Investment

Identify Pekin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61554 $239K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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