740 E Shore Dr Unit 8 Pekin, IL 61554
South of Broadway NeighborhoodEstimated payment $4,447/month
Highlights
- 0.64 Acre Lot
- Forced Air Heating and Cooling System
- Wood Siding
- Cul-De-Sac
About This Home
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 increased rental income. Each unit includes in-apartment laundry.
Listing Agent
R & R Realty Brokerage Phone: 309-696-7628 License #471009760 Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,313
Year Built
- Built in 1966
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 63x160x139x41x138
- Cul-De-Sac
Home Design
- 7,680 Sq Ft Home
- Block Foundation
- Shingle Roof
- Wood Siding
Parking
- 12 Parking Spaces
- Parking Pad
Schools
- Pekin Community High School
Additional Features
- 4 Bedrooms
- Forced Air Heating and Cooling System
Community Details
- Trash Expense $1,200
Listing and Financial Details
- Assessor Parcel Number 04-10-01-311-015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,751 | $126,370 | $17,390 | $108,980 |
| 2023 | $10,751 | $117,350 | $16,150 | $101,200 |
| 2022 | $10,112 | $109,430 | $15,060 | $94,370 |
| 2021 | $9,731 | $105,220 | $14,480 | $90,740 |
| 2020 | $9,644 | $105,220 | $14,480 | $90,740 |
| 2019 | $9,509 | $105,220 | $14,480 | $90,740 |
| 2018 | $9,267 | $105,220 | $14,480 | $90,740 |
| 2017 | $9,025 | $105,230 | $14,480 | $90,750 |
| 2016 | $8,846 | $103,160 | $14,200 | $88,960 |
| 2015 | $8,594 | $0 | $0 | $0 |
| 2013 | $8,411 | $101,200 | $13,920 | $87,280 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Price Changed | $674,900 | -0.7% | $88 / Sq Ft |
| 10/02/2025 10/02/25 | Price Changed | $679,900 | -2.9% | $89 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $699,900 | -- | $91 / Sq Ft |
Source: RMLS Alliance
MLS Number: PA1258917
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