Property profile

715 11th St Pekin, IL 61554

OFF-MARKET
Specialty properties
Property ID
US28-1161956
9,130 SF 1.17 ac lot Built 1967
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 7,200 square foot single-story commercial warehouse in Pekin, Illinois, presents a remarkable opportunity for diverse business ventures. Located at 715 11TH Street, 61554, this established property boasts a spacious main room ideal for retail, events, or office use. A fully equipped bar area, complete with a walk-in cooler and separate entrance, adds significant versatility. The property also includes a substantial 26' x 18' kitchen featuring a gas stove, grill, fryers, a hood fan, ample refrigeration, sinks, cabinets, and countertops. A private manager's office ensures efficient workflow, while abundant storage space caters to various business needs. The building is well-maintained, featuring a 2-year-old roof and three updated HVAC systems. Ample parking is available for customers and clients. This property's adaptable layout and comprehensive amenities make it an exceptional investment for entrepreneurs seeking to establish or expand their business in a thriving Pekin neighborhood. The property is priced at $199,900.

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1967
Total area 9,130 SF
Lot 1.17 ac (50,965 SF)
APN 04-04-35-353-012
UPID US28-1161956

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
  • Volunteer Organization Community Center
  • Church

Location

715 11th St Pekin, IL 61554-3543
Pekin metro Census 20800 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$549k
Blend (final) Blend
$190k

Owner & transaction history

since 2016
3 recorded transactions
2025
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $910,000 +65.6%
Restaurant $810,000 +47.3%
Medical building $785,000 +42.9%

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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