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    Property profile & analytics

    2501 Allentown Rd Pekin, IL 61554-9401

    • Assisted living facilities
    • 22,588 SF
    • 5.96 lot acres
    OFF-MARKET
    Value Estimation
    $1,030,000
    Last Sale
    Apr 07, 2020
    $1,085,000
    Location Intelligence
    Property ID
    US28-0027474
    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

    • Hallmark Healthcare of Pekin / Nursing Home
    • Sandra Eitenmiller / Physical Therapist

    Property Details for 2501 Allentown Rd

    Year built
    1964
    Lot size
    5.96 lot acres
    Property size
    22,588 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    04-10-01-407-018
    APU
    41001407018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,130,000
      6.5%
      $930,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $990,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,070,000
      Retail
      $935,000
      Mixed-Use
      $1,105,000
      Hospitality
      $995,000
      Educational
      $1,050,000
      Residential Income
      $1,075,000
      Energy
      $1,065,000
      Income-Based Land
      $1,120,000
      Food Service
      $1,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.6082
    Latitude
    40.5562
    CBSA code
    37900
    CBSA name
    PEORIA, IL 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
    $43,559
    $261,110
    $214,340
    $475,450
    -
    $783,330
    $643,020
    $1,426,350

    Comparable in this City

    • Value Estimation by Request
      8,796 SF

      2400 8th St

      HOMES (RETIRED, NURSING) • 8,796 SF
      2400 8th St, Pekin, IL 61554-1547
      View Details
    • Value Estimation by Request
      3,848 SF

      1817 Cres Dr

      HOMES (RETIRED, NURSING) • 3,848 SF
      1817 Cres Dr, Pekin, IL 61554-1572
      View Details
    • Value Estimation
      $2,360,000
      47,751 SF

      1520 El Camino Dr

      HOMES (RETIRED, NURSING) • 47,751 SF
      1520 El Camino Dr, Pekin, IL 61554-6062
      View Details
    • Value Estimation by Request
      4,356 SF

      3240 Barney Ave

      HOMES (RETIRED, NURSING) • 4,356 SF
      3240 Barney Ave, Pekin, IL 61554-6233
      View Details
    • Value Estimation by Request
      1,488 SF

      1112 Ct St

      HOMES (RETIRED, NURSING) • 1,488 SF
      1112 Ct St, Pekin, IL 61554-4922
      View Details
    • Value Estimation
      $460,000
      70,950 SF

      1520 El Camino Dr

      HOMES (RETIRED, NURSING) • 70,950 SF
      1520 El Camino Dr, Pekin, IL 61554-6062
      View Details

    Similar Nearby for Sale

    • $165,000
      0.38 Acres

      Pekin Assisted Living Investment Opportunity

      Assisted living facility for sale near Unity Points Pekin Hospital.
      1112 Court St, Pekin, IL 61554
      View Details
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      Pekin Medical Office Building

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      Downtown Pekin Commercial Gem

      Historic building, high potential, $299,900
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    • $1,154,340
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      Prime Pekin Commercial Land Opportunity

      2.65 Acres, Ideal for Development
      3465 Court St, Pekin, IL 61554
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    • $1,500,000
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      Pekin Sports & Event Center

      33-Acre Complex, $1.5M
      3401 Griffin Ave, Pekin, IL 61554
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    • $99,900
      2,000 SF

      Pekin Industrial Flex Space

      $99,900 - 2,000 SF Flex Space
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    Similar Nearby for Lease

    • $9 SF/Yr
      11,650 SF

      Pekin, IL Office Space Available

      Downtown Pekin office suites, multiple sizes.
      200 2Nd St, Pekin, IL 61554
      View Details
    • $6 SF/Yr
      8,400 SF

      Pekin, IL Commercial Land & Building

      8,400 SF Commercial Space, 50 Parking Spots
      3010 Court St, Pekin, IL 61554
      View Details
    • $12 SF/Yr
      3,300 SF

      Retail Space in High Traffic Center

      Retail spaces available in Pekin's busy commercial corridor.
      3245 Court St, Pekin, IL 61554
      View Details
    • $12 SF/Yr
      1,400 SF

      Retail Space on Court Street

      Retail space with open floor plan and natural light.
      2125-2133 Court St, Pekin, IL 61554
      View Details
    • $14 SF/Yr
      1,200 SF

      Retail Space in North Pekin

      1,200 SF retail space in high-traffic area.
      3552-3560 Court St, Pekin, IL 61554
      View Details
    • $1,250 /Mo
      1,200 SF

      Retail Unit in Pekin

      1,200 SF retail unit available for rent.
      3293-3299 Court St, Pekin, IL 61554
      View Details
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    2501 Allentown Rd
    Pekin, IL 61554-9401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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