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25 S 2nd Street Pekin, IL 61554 Commercial - Industrial Active

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Description

Excellent commercial opportunity in the heart of Pekin! Located within the desirable Court Street TIF district, this versatile property was previously utilized as a successful auto body and alignment shop and is ready for its next chapter. The property features 3 separate buildings providing a total of 6,905 sq. ft. of flexible workspace, along with smaller sheds ideal for additional storage. The fenced lot offers a locking gate for additional storage security. Office Space: Complete with updated central A/C and forced air heat in the last 2 years, providing a comfortable environment for staff and clients. Shop & Production Areas: Equipped with robust radiant heaters and functional wall A/C units to ensure year-round climate control. Specialized Features: Includes a dedicated paint booth structure (will require compressors and additional components for proper operation). Value-Add Updates: Enjoy peace of mind with a recently updated rubber roof. Whether you're looking to establish an automotive business, a trades workshop, or an industrial storage hub, this property offers incredible infrastructure and strategic TIF district positioning to help your business thrive. Schedule your tour today!

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Available Sqft: 6905
Year Built: 1958

General Information

County: Tazewell
Listed By:
Keller Williams Premier Realty Mobile: 309-642-4629
RMLSA
$250,000
Est. $1,663/mo
Active
SQUARE FEET6,905 MLS#PA1267893
STATUSActive PROPERTY TYPECommercial - Industrial

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25 S 2nd Street, Pekin, IL 61554.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,215$1,492$1,545
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,663$2,050$1,992

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