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111 N 6th StreetPekin, IL 61554

Tazewell County

$2,000,000List price
53,900Sq Ft
1977Year built
1.39Acre lot
3Stories
8 months agoOn market

Description

Located in the heart of downtown Pekin, this well-maintained, income producing commercial property offering a strong combination of modern upgrades and stable tenancy. The building currently houses 3 tenants, each occupying recently updated interior spaces that reflect price of occupancy and reduced near-term capital expenditure for a new owner. Major building systems have seen significant recent improvements Two elevators were updated in 2022 providing reliable vertical transportation for tenants and visitors. Electrical infrastructure has been enhanced with newer 2022 3,000 AMP switch gear with newer breakers for the existing feeders, 5 newer transformers installed in 2022. 13 replacement sub panels located throughout the building. supporting efficient and dependable power distribution throughout the property. Several HVAC units have also been updated improving climate control performance and energy efficiency. in addition, the roof features a newer membrane in 2021(TPO layover with a 20 year Mulehide Total System Warranty), helping protect the structure while minimizing maintenance concerns, 17 fire extinguishers, fire alarm is aSimplex 4007ES with alarm monitoring through Johnson Controls Inc, 6" wet sprinkler system was installed in 2022. The property's mechanical and structural updates, combined with its occupied status, make it an appealing opportunity for investors seeking a stabilized asset with key capital improvements already completed. Its central location within Pekin positions tenants close to local businesses, services, and municipal amenities, enhancing long-term leasing appeal. This building offers an ideal blend of reliability, functionality, and future upside potential. MLS information believed accurate, but not guaranteed. The lot size came from drawing on GIS. This property has another parcel number attached to it. 04-04-35-332-008.

Property Information

Property type
Commercial Sale
Sub-type
Office
Year built
1977
Stories
3
Building area
53,900 Sq Ft
Lot size
1.39 acres
Lot dimensions
390 x 218 x 395 x 202
Zoning
OFFIC
Days on market
245
MLS® Listing#
12569299

Property Features

Cooling
Zoned

Financial Details

Annual taxes
$21,502Tax year 2024
Parcel number
040435332001

Directions

I-74 West to Peoria - I474 West - Exit 9 towards Pekin - Left onto Illinois Rive Road/IL-29 - 1st Right onto N 6th St to 111 N 6th St

Midwest Real Estate Data logo

Listing Courtesy: BHHS Central Illinois, REALTORS

Based on information submitted to the MLS GRID as of 2026-02-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-02-24

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