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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Specialty properties
715 11th St, Pekin, IL 61554-3543
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-1161956
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
knights of Columbus Volunteer Organization Community Center
-
North Parkway Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$550k
Owner & transaction history
North Parkway Assembly Of God · 10 yrs held
North Parkway Assembly Of God
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$910,000
+65.6%
Restaurant
$810,000
+47.3%
Medical building
$785,000
+42.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$910,000
Change: +66% · Conversion: Difficult
RESTAURANT
$810,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$605,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$500,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$470,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Applied tax rate
4,014.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1967
Heating
NONE
Stories
1
Total area
9,130 SF
Lot
1.17 ac (50,965 SF)
APN
04-04-35-353-012
UPID
US28-1161956
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$550,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$910,000
RESTAURANT
Est. value
$810,000
MEDICAL BUILDING
Est. value
$785,000
RETAIL STORES
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$500,000
WAREHOUSE, STORAGE
Est. value
$470,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
North Parkway Assembly Of God
Individual
Mailing address
1209 N PKWY DR, PEKIN, IL 61554-2411
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Lisa Fuller
—
Deed
related
$147,500 · Morton Community Bank
Jun 8, 2016
—
North Parkway Assembly Of God
Columbus Club Pekin INC
Warranty Deed
$240,000 · First Peking Savings Bank
—
—
Columbus Club Of Pekin INC
—
Deed Of Trust
related
$60,000 · Herget Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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