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    Property profile & analytics

    840 Kennedy Dr Pekin, IL 61554-1534

    • Parking lots & garages
    • 7,750 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 17, 2025
    Location Intelligence
    Property ID
    US28-0482538
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Screen Graphics / Screen Printer

    Property Details for 840 Kennedy Dr

    Year built
    1990
    Lot size
    1.27 lot acres
    Property size
    7,750 SF
    Property type
    Parking lots & garages
    APN
    04-04-26-308-017
    APU
    40426308017

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.6395
    Latitude
    40.5878
    CBSA code
    37900
    CBSA name
    PEORIA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,309
    $42,160
    $92,200
    $134,360
    -
    $126,480
    $276,600
    $403,080

    Comparable in this City

    • Value Estimation
      $175,000
      912 SF

      2335 Lakeshore Dr

      PARKING GARAGE, PARKING STRUCTURE • 912 SF
      2335 Lakeshore Dr, Pekin, IL 61554-1552
      View Details
    • Value Estimation
      $145,000
      1,800 SF

      300 5th St

      PARKING GARAGE, PARKING STRUCTURE • 1,800 SF
      300 5th St, Pekin, IL 61554-3310
      View Details
    • Value Estimation
      $140,000
      1,309 SF

      1218 8th St

      PARKING GARAGE, PARKING STRUCTURE • 1,309 SF
      1218 8th St, Pekin, IL 61554-2854
      View Details
    • Value Estimation by Request
      3,868 SF

      1215 Ct St

      PARKING GARAGE, PARKING STRUCTURE • 3,868 SF
      1215 Ct St, Pekin, IL 61554-4937
      View Details
    • Value Estimation
      $1,515,000
      3,840 SF

      2220 8th St

      SERVICE STATION (FULL SERVICE) • 3,840 SF
      2220 8th St, Pekin, IL 61554-1543
      View Details
    • Value Estimation by Request
      2,580 SF

      2115 Cherry Ln

      CAR WASH • 2,580 SF
      2115 Cherry Ln, Pekin, IL 61554-5394
      View Details

    Similar Nearby for Sale

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      New Chipotle Redevelopment For Sale

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      Pekin, IL Multi-Tenant Retail Investment

      High-yield retail portfolio; strong tenant base.
      215 Mechanic St, Pekin, IL 61554
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    • $219,000

      Pekin Corner Lot with Visibility

      Corner lot with B-3 zoning and rental income.
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    Similar Nearby for Lease

    • $9 SF/Yr
      11,650 SF

      Pekin, IL Office Space Available

      Downtown Pekin office suites, multiple sizes.
      200 2Nd St, Pekin, IL 61554
      View Details
    • $6 SF/Yr
      8,400 SF

      Pekin, IL Commercial Land & Building

      8,400 SF Commercial Space, 50 Parking Spots
      3010 Court St, Pekin, IL 61554
      View Details
    • $12 SF/Yr
      3,300 SF

      Retail Space in High Traffic Center

      Retail spaces available in Pekin's busy commercial corridor.
      3245 Court St, Pekin, IL 61554
      View Details
    • $13 SF/Yr
      900 SF

      Pekin Retail Space Available

      Retail space available for rent in Pekin, Illinois.
      505-539 S Parkway Dr, Pekin, IL 61554
      View Details
    • $12 SF/Yr
      1,400 SF

      Retail Space on Court Street

      Retail space with open floor plan and natural light.
      2125-2133 Court St, Pekin, IL 61554
      View Details
    • $1,250 /Mo
      1,200 SF

      Retail Unit in Pekin

      1,200 SF retail unit available for rent.
      3293-3299 Court St, Pekin, IL 61554
      View Details
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    840 Kennedy Dr
    Pekin, IL 61554-1534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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