$114,857Average Value$330Average Price per Sq Ft3Homes For Sale
Undergoing revitalization
Prospective buyers looking for an urban community packed with older homes and an approachable downtown area may take an interest in Downtown Pekin. While Pekin’s main street was as bustling as it had ever been from the 1940s through the 1970s, the city’s expansion to the east took with it many of those small businesses, and the neighborhood soon faced a period of decline. However, the state named Pekin a "Main Street Community" in 1999, and a local nonprofit, Pekin Main Street, has been working to revitalize the area. Today, the Pekin Main Street organization’s Facebook page keeps locals informed of what’s going on downtown, and whether it’s a trivia night, a happy hour, or an annual event, there’s always something going on.
Homes with history
Most homes in Downtown Pekin are more than 100 years old. In fact, it’s not uncommon to find residences built as early as the 1860s. Some streets are lined with smaller homes of around 1,500 square feet or less in styles like cottages and bungalows. Others offer grand homes with twice the space in more ornate styles, like Classical Revivals and Italianates, and situated on roads laid out in brick. Accordingly, the price ranges as much as the homes do. A fixer-upper can be picked up for as low as $30,000, while a fully-restored home can go as high as the mid-$300,000s.
Row of newer brick homes in Pekin, IL.
Two story Queen Anne-Style home located in Pekin, IL.
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Whiskey Taco's menu features a variety of tacos, burritos, and nachos.
Shopping and dining options on Court Street
The city's “main street” is actually along Court Street. Here, residents can browse mom-and-pop shops like comic book store The Zone, Peek In Pottery Ceramics & Art, and Aryabellas Boutique. Plenty of restaurants line the street. “We have a lot of family-friendly sports bars. For fine dining, we go to Peoria,” says Mary Ann Ladendorf, Associate Broker for RE/MAX Traders Unlimited and a top seller in the neighborhood. One nice place to go for a family meal, Ladendorf says, is Ashers Bar & Grill, known for their hand-pounded, deep-fried tenderloin the size of a literal vinyl record (half-portions are available!). Whiskey Taco is one of the newest concepts, serving up unique taco combos, salads, and grain bowls and offering outdoor seating. Two big-box stores, Kroger and Schnucks, are a few blocks away, where residents can get groceries and other necessities.
Events along Court Street
Annual events include Christmas on Court, which features Santa, live entertainment, and pop-up vendors, and the Marigold Festival, which Ladendorf says is one of the most popular in the area. “It’s very, very big,” she says. “There are 300 booths, arts and crafts, a fishing contest, and food extravaganzas everywhere. About 40,000 people come out for it.” Most of the Marigold Festival takes place at Mineral Springs Park, located about a mile outside the neighborhood, but a handful of festivities spill over into Downtown Pekin, like the Marigold Parade.
Four schools, two school districts
Kids in Downtown Pekin start their education at Pekin Public School District No. 108 schools, like Jefferson Elementary School, which serves kindergarten through third grades and is rated C-minus by Niche; Washington Intermediate School, which serves fourth through sixth grades and is rated C-plus; and Edison Junior High School, which serves seventh through eighth grades and is rated C. For high school, students attend Pekin Community High School District #303, which only operates one high school, known as Pekin Community High School, which serves ninth through twelfth grades and is rated B-minus. Pekin Community High School recently received more than $10 million in improvements a more secure entryway, a new common area, and a remodeled gym.
Washington Intermediate is a historic building located in downtown Pekin.
Edison Junior High School in Pekin is located off of Earl street.
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Pocket parks and a riverfront pier
The neighborhood has a couple of pocket parks, like Legins-Costly Park, which is located on Court Street and a good spot to sit and have a coffee while out and about. Willow Park is at the neighborhood's northern end, offering a small playground and green space walkable from many homes. Residents can also walk to the riverfront and fish from the pier at the end of Court Street.
Pekin is served by the Greater Peoria Mass Transit District (CityLink).
Catching the bus
Public transportation is available via the Greater Peoria Mass Transit District, which operates three bus routes in the neighborhood; two of the routes get residents around Pekin, and the third runs all the way to Peoria.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Cathy Reynolds,
an experienced agent in this neighborhood.
Parks in this Area
Pekin Riverfront
Mineral Spring Park
Legins-Costly Park
Pekin Park Sports Complex
Railsplitters Park
Pekin Park
Transit
Airport
General Downing - Peoria International
19 min drive
Bus
4th And Winter
Bus
Tazewell County Courthouse
Bus
South 4th Street & Mclean Street
Bus
4th And Washington
Bus
4th And Broadway
Downtown Pekin Demographics and Home Trends
On average, homes in Downtown Pekin, Pekin sell after 11 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Pekin, Pekin over the last 12 months is $600,000, up 40% from the median home sale price over the previous 12 months.
Top and bottom duplex. Both consistently rented out. 2 bed/1 bath on each floor. Covered front patio with first floor unit. Driveway parking. $1700 per month rental income currently utilities included. In unit laundry. With TLC there is additional rent potential.
MOVE RIGHT IN to this charming home offering 3 bedrooms with a nicely remodeled bathroom. Spacious living and dining area with newer flooring. Plenty of cabinet space in the kitchen and comes complete with newer appliances including washer and dryer. Nice resin deck in back overlooking fenced yard. Lots of off street parking with spacious drive and 2 stall garage. Updated electrical, windows,
This move-in-ready home features all the updates you’ve been looking for — including new windows, a fully updated electrical panel, new HVAC system, gutters, and stylish new flooring. The kitchen boasts brand-new appliances, while the front door opens to a welcoming deck — perfect for relaxing or entertaining. Enjoy a spacious layout, a freshly sided 1-car garage, and a fully fenced backyard
Henrietta St. Apartments are centrally located and within walking distance from some of Pekin's hot spots! The property has just received a fresh coat of paint, upgraded landscaping, and most important a newly renovated laundry room for renter's convenience! There are one and two, spacious, bedroom apartments. Some of our apartments have recently been refurbished with new modern
Interested in learning more about homes in this area?
Reach out to
Cathy Reynolds,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,384
Median Age
40
Population Density
5 ppl/acre
Population under 18
23.7%
On par with the national average
23.8%
Population over 65
18.6%
On par with the national average
19.1%
Finances
Median Household Income
$40,788
Significantly below the national average
$71,702
Average Household Income
$51,139
Education and Workforce
High School Graduates
78.6%
College Graduates
8.9%
Significantly below the national average
34.1%
Advanced Degrees
1.3%
Below the national average
13.3%
% Population in Labor Force
61.5%
Weather
Annual Precipitation
37''
Average Winter Low Temperature
18°F
Average Summer High Temperature
86°F
Annual Snowfall
35''
Area Factors
Bikeable
Bike Score®
53/ 100
Somewhat Walkable
Walk Score®
53/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
