1216 14th St Pekin, IL 61554
- Car washes
- 3,832 SF
- 0.45 lot acres
Jul 16, 2025
Current Use by Public Records
- HOME TOWN CAR WASH / Car Wash
Property Details for 1216 14th St
- Year built
- 1974
- Lot size
- 0.45 lot acres
- Property size
- 3,832 SF
- Property type
- Car washes
- APN
- 04-10-02-429-001
- APU
- 41002429001
Description
This exceptional 3,832 square foot commercial building presents a unique investment opportunity in Pekin, Illinois. Situated on a generous 130 x 150 foot lot at the highly visible corner of S 14th and Derby Streets, this property offers significant versatility. Currently configured in a way that could easily be adapted, the building's substantial size allows for a variety of uses. Imagine converting a portion into modern office spaces, creating secure storage units, and maintaining a few operational car wash bays for supplemental revenue streams. The existing structure provides a solid foundation for a range of entrepreneurial ventures. A large parking lot at the rear of the building ensures ample space for customers and employees. Adding to its appeal, this property is located within Pekin's Tax Increment Financing (TIF) District, making it eligible for development incentives and assistance programs. This translates to potential cost savings and streamlined development processes for the astute investor. The strategic location and adaptable layout combine to create a compelling opportunity for significant return on investment. Don't miss this chance to acquire a prime commercial property in a thriving Illinois community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pekin
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.6309
- Latitude
- 40.5567
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
