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Financial
Distress signals
Property profile

1805 Riverway Dr Pekin, IL 61554

FOR SALE
Flex space
Property ID
US28-5728353
40,558 SF 3.68 ac lot Built 1994
Last sale Mar 2020 · $116,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use flex building is configured to combine administrative and logistics functions within a single structure. The front office area includes a renovated lobby, multiple private offices, a kitchen/break room, and an open-concept workspace with large windows for natural light, supported by energy-efficient lighting, upgraded flooring, HVAC, and a security system; high-speed internet capability is also included. The rear portion consists of a spacious, climate-controlled warehouse with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$407k
Assessed land$95k
Assessed improvement$312k
Effective rate9.75%

Value estimate

· Oct 2026
$520k
$468k – $572k
AI approach$520k
Submarket $/SF estimate$1.06M
NOI build-up
Gross scheduled income$394k
Vacancy & credit loss−$22k
Operating expenses−$112k
NOI · 15.34% cap applied$261k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
15.34%
$261k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTAZEWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Restaurant13.1
Spa & Massage11.7

Location

1805 Riverway Dr Pekin, IL 61554
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 11 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1961 Edgewater, Pekin, IL 61554-7831 $6,200,000 Dec 2022 99,465 SF
14425 Wagonseller, Pekin, IL 61554-8831 $2,600,000 Mar 2022 73,892 SF
833 Brenkman, Pekin, IL 61554-1522 $115,000 Mar 2022 7,560 SF
225 Hanna, Pekin, IL 61554-8794 $749,000 Mar 2020 17,288 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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