Property summary
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
VerifiedCap rate & NOI
Current use
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Volunteer Organization Community Center
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Church
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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