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South of Broadway Multifamily Home for Sale

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    $699,900

    • 4 Beds
    • 7,680 Sq Ft

    740 E Shore Dr Unit 8, Pekin, IL 61554

    We are pleased to offer for sale this well-maintained 8-unit apartment building, each unit featuring 2 bedrooms, located in a sought-after area near Lake Arlann. The property boasts beautiful lake views and a quiet, residential setting—ideal for long-term tenants. This offering presents a rare opportunity to acquire a stabilized asset in a tranquil and attractive location, with potential for

    Tonya Crawford R & R Realty

    740 E Shore Dr Unit 8, Pekin, IL 61554

Why Live in South of Broadway

South of Broadway in Pekin is a neighborhood that balances historical charm with modern living. The area features a mix of early 1900s-era historic homes, including Edwardians, Victorians, and a few Frank Lloyd Wright prairie-style houses, alongside 1960s and newer constructions. The neighborhood is conveniently located 20 minutes from Peoria and 40 minutes from Bloomington, with major roads like State Highways 29 and 9 facilitating easy travel. Public bus services are available along Court and Derby Streets and Park Avenue. For dining, residents enjoy casual eateries on Court Street, such as Whiskey Taco, Kouri’s, and BC Barbecue. Grocery shopping is convenient with Kroger, Schnucks, and Walmart, and new retail stores like Marshall’s and Ross Dress for Less are expected by the end of 2024. The neighborhood is home to Rankin Elementary School, which is highly rated, and other schools in the Pekin Public School District No. 108. Parks are integral to the community, with the 82-acre Pekin Sports Complex and the centrally located Mineral Springs Park offering various recreational activities. Annual events like Winter Wonderland and the Marigold Festival foster a strong sense of community. South of Broadway is safer than the national average, making it a practical choice for families and individuals alike.

Home Trends in South of Broadway, IL

Housing Trends

Median Sale Price
$122,950
Median Single Family Sale Price
$121,000
Average Price Per Sq Ft
$92
Number of Homes for Sale
19
Last 12 months Home Sales
214
Months of Supply
1.10
Median List Price
$125,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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