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    3245 Ct St Pekin, IL 61554-6208
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    Property profile & analytics

    3245 Ct St Pekin, IL 61554-6208


    • Strip malls
    • 63,217 SF
    • 7.15 lot acres
    Off-Market
    Last Sale Aug 20, 2021
    $3,625,000
    Property ID
    US28-5807420
    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.

    Value Estimations
    $3,455,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Goodwill / Discount Store
    • BDJ Chimney Cleaning & Fireplaces Pekin / General Contractor / Renovation Specialist

    Property Details for 3245 Ct St

    Year built
    1981
    Lot size
    7.15 lot acres
    Property size
    63,217 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    11-11-07-108-014
    APU
    111107108014

    Description

    This exceptional commercial property, located at 3245 Court Street in Pekin, Illinois, presents a unique opportunity for businesses seeking prime retail or office space. The property boasts a total of 63,217 square feet across a single, two-story building constructed in 1981. The building is zoned B3 and comprises five individual suites, ranging in size from 800 to 3,300 square feet, offering flexibility for various business needs. Currently, there are five available spaces for lease. The property benefits from its strategic location on a highly developed commercial corridor, ensuring high visibility and significant foot traffic. This thriving retail center is anchored by established national and state operators, including Planet Fitness, Goodwill, and NuEra, creating a strong and desirable commercial environment. The property features ample parking for tenants and customers, enhancing convenience and accessibility. All units offer excellent visibility from Court Street, with no obstructing outlot developments. The competitive leasing rates make this an attractive investment opportunity in a successful and established commercial area within Tazewell County. The property's multiple suite configuration is ideal for a variety of businesses seeking a prominent location in a busy commercial district.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,235,000
      ML approach
      $3,345,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,600,000
      MEDICAL BUILDING
      $5,435,000
      RETAIL STORES
      $4,185,000
      AUTO REPAIR, GARAGE
      $3,450,000
      WAREHOUSE, STORAGE
      $3,250,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.6031
    Latitude
    40.5475
    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
    $85,985
    $217,200
    $706,920
    $924,120
    -
    $651,600
    $2,120,760
    $2,772,360
    More about this property
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