Advertise
    Pekin, IL
    Multifamily

    Pekin, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    North Pekin, IL Peoria, IL Mapleton, IL Creve Coeur, IL Bartonville, IL South Pekin, IL Groveland, IL East Peoria, IL
    7-Unit Apartment Building with Office
    Updated: Mar 17
    7-Unit Apartment Building with Office

    331 S 4TH Street, Pekin, IL 61554

    $230,000
    7‑unit configuration with 1 commercial office area and 6 residential apartments
    Office area has 2 side‑by‑side entrances and may be divided into 2 suites
    Residential mix includes four upper‑level units, one main‑level unit, and one basement/garden‑level unit
    Unit mix includes 1‑bedroom and 2‑bedroom apartments
    Office zoning in Pekin, IL, at 331 S 4TH Street
    View details
    7-Unit Mixed-Use Building
    Updated: Sep 16
    7-Unit Mixed-Use Building

    331 S 4th St, Pekin, IL 61554

    $230,000
    3,636 sqft
    7‑unit mixed‑use building with 3,636 square feet
    Commercial office area with three rooms, one half bath, and two entrances
    Six residential apartments across upper, main, and basement or garden levels
    Residential layouts include one- and two‑bedroom units
    Vacant property requiring flooring, paint, and appliance updates
    View details
    Two-Story Apartment Building
    Two-Story Apartment Building

    609 S 3rd St, Pekin, IL 61554

    $275,000
    3,080 sqft

    Six residential units feature walk-in closets, tenant-paid utilities, and individually managed heating and air conditioning.

    View details
    See hot listings in Pekin

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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 Building with Long-Term Tenants
    Mixed-Use Building with Long-Term Tenants

    19478 Springfield Road, Groveland, IL 61535

    $564,900
    6,200 sqft

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

    View details
    Two-Level Mixed-Use Property
    Two-Level Mixed-Use Property

    350 RUSCHE Street, Creve Coeur, IL 61610

    $175,000

    The layout combines two ground-floor commercial suites with two separate apartments above.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    19478 SPRINGFIELD Road, Groveland, IL 61535

    $564,900

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

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    910 Pekin Avenue, Creve Coeur, IL 61610

    $120,000

    Multi-unit property offers a mixed one- and two-bedroom layout, shared laundry, and one vacancy ready for updates.

    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

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

    633 11th St, Pekin, IL 61554-7502

    Estimated value:
    $305,000
    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
    Estimated value:
    $400,000
    3,504 sqft 0.37 AC lot
    View details
    Florentine Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    Florentine Ct, Pekin, IL 61554

    Estimated value:
    $1,200,000
    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
    Estimated value:
    $370,000
    3,750 sqft 0.37 AC lot
    View details
    340 Caroline St
    APARTMENT HOUSE (UNDER 5 UNITS)

    340 Caroline St, Pekin, IL 61554-3206

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

    301 Lakeside Ave, Pekin, IL 61554-1676

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

    609 3rd St, Pekin, IL 61554-4477

    Estimated value:
    $130,000
    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
    Estimated value:
    $645,000
    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

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

    2032 Westgate Dr, Pekin, IL 61554-2450

    Estimated value:
    $905,000
    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
    Estimated value:
    $415,000
    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
    Estimated value:
    $415,000
    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
    Estimated value:
    $650,000
    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
    Estimated value:
    $650,000
    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

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

    1230 Hamilton St, Pekin, IL 61554-3683

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

    1614 Pkwy Dr, Pekin, IL 61554-1979

    Estimated value:
    $690,000
    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
    Estimated value:
    $100,000
    2,016 sqft 0.19 AC lot
    View details
    4681 Allentown Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4681 Allentown Rd, Pekin, IL 61554-8433

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

    2104 Brookview Ter, Pekin, IL 61554-7306

    Estimated value:
    $145,000
    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. These investment opportunities span a total of 6,716 square feet of properties for sale, with an estimated market value of $735,000.

    Sale prices for multifamily properties in Pekin, IL start at $230,000, averaging $245,000, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3

    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 $245K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Pekin, IL

    Popular Searches in Pekin, IL

    Popular Categories

    Most Searched ZIP Codes in Pekin, IL

    • 61554
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!