Property profile

3010 Ct St Pekin, IL 61554

OFF-MARKET
Commercial land
Property ID
US28-3460181
0.38 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 3010 Court Street in Pekin, Illinois (zip code 61554), presents a significant opportunity for businesses seeking ample space and high visibility. The property encompasses 8,400 square feet of land and building space, ideally suited for a variety of commercial uses. The zoning is B-3, allowing for diverse business operations. The single-tenant building features three overhead doors, providing convenient access for loading and unloading. Ample parking is available with 50 spaces on-site. The property enjoys a prime location, situated just half a mile west of the Pekin Mall area on Court Street, ensuring high traffic and excellent visibility for your business. The gross rent for the first two years is $4,500 per month, inclusive of real estate taxes and insurance. This is an excellent opportunity for a growing business needing more space in a high-traffic area. The APN is 10-10-12-217-006.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.38 ac (16,553 SF)
APN 10-10-12-217-006
UPID US28-3460181

Cap rate & NOI

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

Location

3010 Ct St Pekin, IL 61554-6204
Pekin metro Census 21102 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2024
Last sale
$350,000
3 recorded transactions
2024
$350,000
2021
Price N/A
1969
Price N/A

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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