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Property profile & analytics

199 State Road 60 Pekin, IN 47165

  • Turn key restaurants
  • 3,640 SF
  • 0.40 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1735278
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 199 State Road 60

Year built
1940
Construction
WOOD
Lot size
0.40 lot acres
Property size
3,640 SF
Property type
Turn key restaurants
APN
88-14-24-444-060.000-014
APU
881424444060000014

Description

This exceptional 3600+ square foot facility in Pekin, Indiana, presents endless possibilities for a savvy investor. The property boasts a fully equipped, wrap-around bar, multiple pool tables, a dedicated concert stage, and a spacious dance floor, all complemented by a full kitchen. The expansive outdoor area is perfect for hosting a variety of events, featuring a covered porch, smoker/grill, and ample picnic tables. Convenient parking is available both in front and behind the building. The property's versatility allows for diverse revenue streams, whether through hosting various events or leasing out portions of the space. A significant advantage is the inclusion of an active 3-way liquor license, including Sunday sales, providing immediate revenue generation potential. This turnkey operation is ready for a new owner to capitalize on its established infrastructure and high-demand location. The property is situated at 199 E State Road 60, Pekin, IN, and is offered at $175,000. The substantial square footage and existing amenities offer a unique opportunity to establish or expand a thriving entertainment business. The combination of indoor and outdoor space, coupled with the liquor license, makes this a truly exceptional investment opportunity. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Pekin
County
Washington
State
Indiana
Longitude
-86.0164
Latitude
38.5039
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,098
$13,200
$75,400
$88,600
-
$13,200
$75,400
$88,600
More about this property
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