Property profile

309 Mechanic St Pekin, IL 61554

OFF-MARKET
Other warehouses
Property ID
US28-1439571
19,404 SF 0.47 ac lot Built 1978
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property in Pekin, Illinois consists of a 19,404-square-foot building with a mixed-use configuration that includes 1,260 square feet of office space and the remaining area allocated to warehouse use. The building is occupied under an existing long-term tenancy arrangement.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Total area 19,404 SF
Lot 0.47 ac (20,473 SF)
APN 04-10-03-205-003
UPID US28-1439571

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

309 Mechanic St Pekin, IL 61554-4120
Pekin metro Census 20900 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
$550,000

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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