Property profile

1717 Highwood Ave Pekin, IL 61554

FOR SALE
Churches & religious facilities
Property ID
US28-1370545
15,350 SF
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Property summary

AI-generated overview

Excellent condition single level 15,350 SF building served as church / offices / classrooms all located on 6.38 acres in a residential community of southeast Pekin. FINANCE - We can help arrange finance for this property through our faith-based financing partners. Property would ideally serve as school, care facility, medical offices or clinic, or offices. City of Pekin amendable to change of use. Includes entrance foyer, sanctuary, 2 conference rooms, 4 offices, 5 classrooms, library, dining room, kitchen, private and communal restrooms, out door patio, play ground, paved parking, and acres of grass fields. The building is ADA accessible. Paved parking for approximately 122 vehicles with circular drive for church entrance. Directly across from Altman Primary Public School with close proximity to Route 9 (Court Street) commercial district. Situated on surplus acreage that allows for future development opportunity. All utilities available at property. Move in ready.

Property profile

Verified
Property type Churches & religious facilities
Total area 15,350 SF
UPID US28-1370545

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

1717 Highwood Ave Pekin, IL 61554
Pekin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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