3245 Ct St, Pekin, IL 61554-6208
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.
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Goodwill Discount Store
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BDJ Chimney Cleaning & Fireplaces Pekin General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.