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    Pekin, IL Multifamily Properties for Sale

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    Mapleton, IL Creve Coeur, IL Bartonville, IL Peoria, IL South Pekin, IL Groveland, IL Green Valley, IL East Peoria, IL
    8-Unit Apartment Building
    Updated: Jun 25, 2025
    8-Unit Apartment Building

    740 E SHORE Drive, Pekin, IL 61554

    $674,900
    0.64 AC lot
    8‑unit apartment building with two‑bedroom units
    In‑apartment laundry in every unit
    Central air cooling and forced‑air heating
    0.639‑acre lot near Lake Arlann
    Built in 1966 with wood siding and shingle roof
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    7-Unit Mixed-Use Office Property
    Updated: Mar 17
    7-Unit Mixed-Use Office Property

    331 S 4TH Street, Pekin, IL 61554

    $230,000
    7‑unit mixed‑use building with 1 large commercial office space plus 6 residential units (4 upper‑level, 1 main level, 1 basement/garden‑level).
    Commercial office has two side‑by‑side entrances, offering potential to divide into two separate office suites.
    Residential unit mix includes four 2BD units and three 1BD/1BA units, plus one basement unit with 1 bedroom and 1 bath.
    Utilities and systems include forced air heat, central air, public sewer, and a composition roof.
    Vacant property in need of cosmetic updates including flooring, paint, and appliances.
    View details
    Furnished Triplex Airbnb Rental
    Furnished Triplex Airbnb Rental

    1104 S 10TH Street, Pekin, IL 61554

    $249,000

    Remodeled, fully furnished three-unit triplex currently operating as an Airbnb, with shared laundry for two units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 3 Active listings in Pekin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

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

    5807 & 5805 Adams Street, Bartonville, IL 61607

    $279,900
    2,000 sqft

    Two buildings combine leased commercial space, apartments, and garage parking across three parcels.

    View details
    Historic Mixed-Use Building with Parking
    Historic Mixed-Use Building with Parking

    6001 S ADAMS Street #4, Bartonville, IL 61607

    Contact for pricing
    4,192 sqft

    Three-story historic mixed-use building with commercial retail level, furnished units, elevator lift, and 20-space parking lot.

    View details
    Newly Remodeled Mixed-Use Building
    Newly Remodeled Mixed-Use Building

    19478 SPRINGFIELD Road, Groveland, IL 61535

    $565,000
    0.44 AC lot

    Fully occupied mixed-use property with two apartments and three commercial units, supported by long-term tenants and leases.

    View details
    5-Unit Mixed-Use Apartment Building
    5-Unit Mixed-Use Apartment Building

    19478 SPRINGFIELD Road, Groveland, IL 61535

    $565,000

    Mixed-use building with two residential apartments and three commercial units, fully occupied and newly remodeled.

    View details

    Off-Market Properties in Pekin, IL

    Consider similar Off-Market properties in Pekin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1402 Sommerset St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1402 Sommerset St, Pekin, IL 61554-2024

    $170,000
    Estimated value
    660 sqft 0.34 AC lot
    View details
    633 11th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    633 11th St, Pekin, IL 61554-7502

    $305,000
    Estimated value
    2,496 sqft 0.25 AC lot
    View details
    2418 Lakeshore Dr, Unit A
    APARTMENT HOUSE (UNDER 5 UNITS)

    2418 Lakeshore Dr, Pekin, IL 61554-6627

    Unit A
    $400,000
    Estimated value
    3,504 sqft 0.37 AC lot
    View details
    Florentine Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    Florentine Ct, Pekin, IL 61554

    $1,200,000
    Estimated value
    1,816 sqft 1.61 AC lot
    View details
    2414 Lakeshore Dr, Unit 1-8
    APARTMENT HOUSE (UNDER 5 UNITS)

    2414 Lakeshore Dr, Pekin, IL 61554-1564

    Unit 1-8
    $370,000
    Estimated value
    3,750 sqft 0.37 AC lot
    View details
    340 Caroline St
    APARTMENT HOUSE (UNDER 5 UNITS)

    340 Caroline St, Pekin, IL 61554-3206

    $240,000
    Estimated value
    2,552 sqft 0.24 AC lot
    View details
    301 Lakeside Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    301 Lakeside Ave, Pekin, IL 61554-1676

    $255,000
    Estimated value
    3,968 sqft 0.28 AC lot
    View details
    609 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    609 3rd St, Pekin, IL 61554-4477

    $130,000
    Estimated value
    1,540 sqft 0.19 AC lot
    View details
    1513 Sara Ln, Unit 1519
    APARTMENT HOUSE (UNDER 5 UNITS)

    1513 Sara Ln, Pekin, IL 61554-2335

    Unit 1519
    $645,000
    Estimated value
    2,160 sqft 1.04 AC lot
    View details
    1445 Valle Vis Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1445 Valle Vis Blvd, Pekin, IL 61554-6249

    $400,000
    Estimated value
    1,632 sqft 1.41 AC lot
    View details
    2032 Westgate Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2032 Westgate Dr, Pekin, IL 61554-2450

    $905,000
    Estimated value
    6,420 sqft 1.71 AC lot
    View details
    111 Park Vw Ct, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    111 Park Vw Ct, Pekin, IL 61554-6955

    Unit 1
    $415,000
    Estimated value
    2,050 sqft 0.33 AC lot
    View details
    112 Park Vw Ct, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    112 Park Vw Ct, Pekin, IL 61554-6953

    Unit 1
    $415,000
    Estimated value
    2,790 sqft 0.27 AC lot
    View details
    234 Sunnyridge Ct, Unit 241
    APARTMENT HOUSE (UNDER 5 UNITS)

    234 Sunnyridge Ct, Pekin, IL 61554-3958

    Unit 241
    $650,000
    Estimated value
    2,760 sqft 0.68 AC lot
    View details
    231 Sunnyridge Ct, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    231 Sunnyridge Ct, Pekin, IL 61554-7208

    Unit 1
    $650,000
    Estimated value
    2,760 sqft 0.29 AC lot
    View details
    223 Sunnyridge Ct1-8
    APARTMENT HOUSE (UNDER 5 UNITS)

    223 Sunnyridge Ct1-8, Pekin, IL 61554-3961

    $290,000
    Estimated value
    2,883 sqft 0.31 AC lot
    View details
    1230 Hamilton St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1230 Hamilton St, Pekin, IL 61554-3683

    $255,000
    Estimated value
    2,436 sqft 0.24 AC lot
    View details
    1614 Pkwy Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    1614 Pkwy Dr, Pekin, IL 61554-1979

    $690,000
    Estimated value
    7,930 sqft 1.60 AC lot
    View details
    210 Davis St, Unit 212
    APARTMENT HOUSE (UNDER 5 UNITS)

    210 Davis St, Pekin, IL 61554-4355

    Unit 212
    $100,000
    Estimated value
    2,016 sqft 0.19 AC lot
    View details
    4681 Allentown Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4681 Allentown Rd, Pekin, IL 61554-8433

    $285,000
    Estimated value
    9,540 sqft 4.00 AC lot
    View details
    2104 Brookview Ter
    APARTMENT HOUSE (UNDER 5 UNITS)

    2104 Brookview Ter, Pekin, IL 61554-7306

    $145,000
    Estimated value
    1,560 sqft 0.24 AC lot
    View details

    Pekin, IL Multifamily Properties Market Trends and Statistics

    Explore 60 multifamily properties for sale in Pekin, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for multifamily properties in Pekin, IL start at $230,000, averaging $384,633, and reaching up to $674,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Short term rental properties 1
    Triplexes 1

    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 $408.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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