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    OFF-MARKET
    Banks

    329 Ct St, Pekin, IL 61554-3151

    3,600 SF 0.22 ac lot Built 1970
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US28-2349225
    Property summary
    AI-generated overview

    This 7,200 square foot commercial building located at 329 Court Street in Pekin, Illinois, presents a fantastic investment opportunity. Priced at $450,000, the property boasts numerous recent updates and renovations, making it ideal for a variety of office uses. The main floor offers several private offices, perfect for individual employees or departments, along with a dedicated conference or meeting room. A highlight is the executive suite, complete with its own private bathroom, providing a prestigious workspace for senior management. The lower level provides additional versatility. It includes a convenient break room equipped with a kitchenette, ensuring employee comfort and convenience. Further office and conference space on this level expands the building's capacity for meetings and collaborative work. A large storage room in the basement offers ample space for archiving documents, supplies, or equipment. The property sits on a lot with no acreage specified, making it a manageable and efficient space. This building is ready for immediate occupancy and offers a blend of modern amenities and functional design. Its central location in Pekin provides easy access to local amenities and transportation routes. This is a turnkey solution for businesses seeking a well-maintained and updated office space.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1970
    Total area 3,600 SF
    Lot 0.22 ac (9,583 SF)
    APN 04-04-34-433-018
    UPID US28-2349225
    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
    Current use
    Occupant on record · Public records
    • Liberation Software (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Lawrence Property Holdings LLC · 10 yrs held
    Lawrence Property Holdings LLC
    since 2016
    2 recorded transactions
    2016
    $335,000
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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