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Downtown Pekin Multifamily Home for Sale

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    $40,000

    • 3 Beds
    • 1,730 Sq Ft

    417 Ann Eliza St, Pekin, IL 61554

    Attention Investors! Tri-plex has ability to offer an abundant cash flow. This property could go for office or commercial with zoning change. Needs TLC - Sold "as is".

    Marilyn Kohn RE/MAX Traders Unlimited

    417 Ann Eliza St, Pekin, IL 61554

Why Live in Downtown Pekin

Downtown Pekin is an urban neighborhood known for its historic charm and ongoing revitalization efforts. The area features a mix of homes, many over 100 years old, including cottages, bungalows, Classical Revivals, and Italianates. Streets are often lined with brick and house both smaller residences around 1,500 square feet and grander homes with more space. Court Street serves as the main thoroughfare, hosting a variety of mom-and-pop shops like The Zone comic book store, Peek In Pottery Ceramics & Art, and Aryabellas Boutique. Dining options include family-friendly spots like Ashers Bar & Grill and the newer Whiskey Taco, which offers outdoor seating. For groceries and essentials, residents have access to Kroger and Schnucks just a few blocks away. The neighborhood is safer than the national average and has several pocket parks, including Legins-Costly Park and Willow Park, which provide green spaces and playgrounds. Mineral Springs Park, located about a mile away, hosts the popular Marigold Festival, drawing around 40,000 visitors with its numerous booths, arts and crafts, and food events. Downtown Pekin also benefits from public transportation through the Greater Peoria Mass Transit District, with three bus routes connecting residents to local and nearby destinations. For things to do, the neighborhood offers various events and activities, including trivia nights, happy hours, and annual celebrations like Christmas on Court. Residents can also enjoy fishing from the pier at the riverfront, located at the end of Court Street.

Home Trends in Downtown Pekin, IL

Housing Trends

Median Sale Price
$62,000
Median Single Family Sale Price
$73,500
Average Price Per Sq Ft
$60
Number of Homes for Sale
2
Last 12 months Home Sales
21
Months of Supply
1.10
Median List Price
$85,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-25%
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