Property profile

401 2nd St Pekin, IL 61554

OFF-MARKET
Turn key restaurants
Property ID
US28-0914240
1,688 SF 0.19 ac lot Built 1971
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Total area 1,688 SF
Lot 0.19 ac (8,276 SF)
APN 04-10-03-201-007
UPID US28-0914240

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
  • Restaurant Take-out & Catering

Location

401 2nd St Pekin, IL 61554-4009
Pekin metro Census 20900 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2017
$365,000
2009
$73,000
1998
$300,000

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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