Property summary
The property consists of a 3,500-square-foot, fee-simple retail building that underwent a redevelopment in 2025 and includes a drive-through Chipotlane and a patio area. The site is configured to support a restaurant/quick-service drive-through format, and the improvements include provisions associated with a roof warranty. The location is situated within a retail corridor in Pekin, Illinois, near other retail tenants including Ross, Marshalls, and Five Below, and it provides access and street visibility consistent with neighborhood and regional retail traffic. The property is positioned near major regional employers such as Caterpillar, Inc. and OSF Healthcare in the Peoria MSA area, with a nearby Walmart Supercenter.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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