Entity Owned 
For Sale
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Property summary
This vacant 40,558-square-foot flex building in Pekin, Illinois, presents a compelling investment opportunity. Situated on a 3.68-acre lot, the property features a dry, open warehouse with office space and boasts ceiling heights ranging from 15 to 18 feet. Recent updates within the last five years include the installation of multiple 2-ton to 12-ton HVAC units, many still under warranty. The building is conveniently located off Route 29 (S. 2nd Street), within an established industrial/flex area near the Pekin Park District Sports Complex. Nearby businesses include Excalibur Seasoning, Amerhart, DCX-Chol Enterprise, KMI Packaging & Exporting, Winpak of Pekin, and Johnson HVAC. The asking price is $3,150,000, translating to $77.67 per square foot. The property is located in the Enterprise Zone South, and additional acreage may be available. This well-maintained facility offers significant potential for a variety of industrial and flex uses. The property's strategic location and recent upgrades make it an attractive option for businesses seeking efficient and modern warehouse and office space in a thriving industrial area.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility Factory
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(Bike/Boat/Book/etc) Store Printing Service
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Medical Clinic
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
