111 N 6th ST, Pekin, IL 61554
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111 N 6th ST, Pekin, IL 61554
111 N 6th ST, Pekin, IL 61554
111 N 6th ST, Pekin, IL 61554
111 N 6th ST, Pekin, IL 61554
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Mario Bilotas

Mario Bilotas

+1(847) 910-5022
$ 2,000,000
Est. payment /mo
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Price Dropped by $500K

111 N 6th ST Pekin, IL 61554

53,900 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 53,900 sqft

Price per Sqft $37

MLS Listing ID 12569299

Year Built 1977

Annual Tax Amount $21,502

Tax Year 2024

Lot Size 1.390 Acres

Lot Dimensions 390 x 218 x 395 x 202

Property Sub-Type Office/Tech

Property 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.

Location

State IL

County Tazewell

Area Pekin

Zoning OFFIC

Interior

Cooling Zoned

Fireplace N

Building

Dwelling Type Office/Tech

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sherye Przybyla of  BHHS Central Illinois, REALTORS 

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MY BLOGS

feature image of Vacant Land Scams are REAL
Vacant Land Scams are REAL
About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell
feature image of THE FRONT PORCH SWING
THE FRONT PORCH SWING
Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow
feature image of less is more, unless, it’s for less.
less is more, unless, it’s for less.
I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds
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Mario Bilotas

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Address

205 W. Miner Street, Arlington Heights, IL 60005, USA

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