353 Court St - Storefront Retail/Residential FOR SALE


Pekin, IL 61554
$395,000 USD
309-241-0755
353 Court St, Pekin, IL for Sale
$395,000 USD
Storefront Retail/Residential - FOR SALE
1/46
null | Request Cap Rate

353 Court St
Pekin, IL 61554


HIGHLIGHTS

  • Exceptional opportunity for a restaurant or event venue with ample space for future expansion and growth.
  • Located within a TIF district, offering potential financial incentives for redevelopment and investment.
  • Recently upgraded with a new roof, modern HVAC system, and a full fire-suppression sprinkler system for safety and compliance.
  • Upper floors offer significant potential for additional revenue streams through apartments, office suites, or expanded commercial operations.

OVERVIEW

Exceptional restaurant or event venue opportunity with room to grow. Located in a TIF district and updated with a new roof, HVAC, and full fire-suppression sprinkler system. A convenient rear-door carry-out area connects directly to 24/7 public parking, ideal for high-volume service. A separate outside entrance provides independent access to the second and third floors—upper floors provide valuable space for future development—apartments, offices, or expanded commercial use.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-2

APN/PARCEL ID

04-04-34-434-013

ASK ABOUT THIS PROPERTY

Darcy LawsonThe Real Estate Group Inc.More Info
309-241-0755

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Darcy LawsonThe Real Estate Group Inc.More Info
309-241-0755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.