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    OFF-MARKET
    Retail space

    405 Ct St, Pekin, IL 61554-3235

    2,425 SF 0.05 ac lot Built 1900
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-0486335
    Property summary
    AI-generated overview

    This exceptional 4,850 square foot commercial property, located at 405 Court Street in Pekin, Illinois, presents a unique investment opportunity. Built in 1900 and extensively renovated in 2011, this two-story building seamlessly blends historic character with modern amenities. The property features separate entrances for each floor, providing flexibility for various uses. A key advantage is the inclusion of a handicap-accessible bathroom and ramp, enhancing accessibility. A full basement offers ample storage space. Zoned B3, this versatile space is ideally situated near the Tazewell County Courthouse, making it highly attractive for a range of businesses. The building sits on a 2,375 square foot lot. Currently vacant, this single-unit property offers immediate occupancy. The asking price is $219,900. Potential for creative financing options is available. This is a rare chance to acquire a beautifully remodeled downtown commercial space with significant historical significance and modern functionality. The property's prime location and adaptable design make it an excellent investment for discerning buyers. The building's strong structural integrity and recent renovations ensure a low-maintenance ownership experience. Don't miss this opportunity to own a piece of Pekin's history.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 2,425 SF
    Lot 0.05 ac (2,178 SF)
    APN 04-04-34-435-004
    UPID US28-0486335
    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
    • 353 Court LLC General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Goddard Group LLC · 1 yrs held
    Goddard Group LLC
    since 2025
    Last sale
    $185,500
    5 recorded transactions
    2025
    $185,500
    2016
    2014
    $30,000
    2002
    $32,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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