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    FOR LEASE
    Commercial land

    3010 Court St, Pekin, IL 61554

    0.38 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-3460181
    3010 Court St, Pekin, IL 61554 For Lease
    $6 SF/Yr 8,400 SF available
    3010 Court St, Pekin, IL 61554
    View Listing →
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Radio City Real Estate Co · 1 yrs held
    Radio City Real Estate Co
    since 2024
    Last sale
    $350,000
    3 recorded transactions
    2024
    $350,000
    2021
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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