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331 S 4TH Street
Pekin IL 61554 US

$230,000

Active Listing ID PA1264901
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$230,000

Active Listing ID PA1264901
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331 S 4TH Street Centrally located 6-unit building offering a strong value-add opportunity. The property is currently vacant and in need of cosmetic updates throughout, primarily including flooring, paint, and appliances. The building features one large commercial office space with two side-by-side entrances, providing the potential to divide the space into two separate office suites. Residentially, the property includes four spacious upper-level units and one basement/garden-level unit. The residential units offer generous layouts with tall ceilings and plenty of natural light, enhancing overall livability and appeal. City-required repairs include replacement or repair of the exterior rear steps leading to the back unit. Additionally, one second-floor rear unit has flooring that requires repair due to a slight slope; the bathroom renovation could be completed concurrently with these repairs. Once improvements are completed and rents are stabilized, the property presents significant upside potential. Please contact the listing agent with any questions or offers. Showings must be requested through ShowingTime. Please have proof of funds ready when you make an offer!

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Composition
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 230000
  • unparsedaddress: 331 S 4TH Street
  • postalcity: Pekin
  • stateorprovince: IL
  • country: US
  • postalcode: 61554
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.565727
  • longitude: -89.648359
  • listagentfullname: Raul Rodriguez
  • listagentemail: realestrealtyllc@gmail.com
  • listagentkey: 3yd-PAARIL-PAP1010646
  • listagentmlsid: PAP1010646
  • listagentpreferredphone: 7863839136
  • listofficekey: 3yd-PAARIL-PAPEXPR
  • listofficemlsid: PAPEXPR
  • disclaimer: Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • listingcontractdate: 2026-03-17
  • listagenturl: https://www.exprealty.com
  • countyorparish: Tazewell
  • parcelnumber: 04-10-03-230-029
  • cooling: Central Air
  • constructionmaterials: Brick, Vinyl Siding, Frame
  • heating: Forced Air
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.64836, 40.565727
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"realestrealtyllc@gmail.com", "ListBrokerageCity":"Schaumburg", "ListBrokerageCountry":"US", "ListBrokerageEmail":"richard.williams@exprealty.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP Realty", "ListBrokeragePhone":"(630) 688-3114", "ListBrokeragePostalCode":"60173", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10 N Martingdale Road Suite #400", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"939 W North Avenue #750", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PAPEXPR", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"il.broker@exprealty.net", "ListOfficePostalCode":"60642", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Pekin, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-23 20:01:29", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6646, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/23/2026 8:18:40 PM GMT
Source Updated Date: 3/26/2026 7:28:29 AM GMT

Courtesy of: Raul Rodriguez, eXp Realty, realestrealtyllc@gmail.com

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.