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    609 S 3RD ST, Pekin, IL 61554
    609 S 3RD ST, Pekin, IL 61554
    609 S 3RD ST, Pekin, IL 61554
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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641
    Listed by Mackenzie Price • RE/MAX Traders Unlimited
    $275,000
    Est. payment /mo
    3,080 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3,080 sqft

    Price per Sqft $89

    Subdivision Cincinnati

    MLS Listing ID PA1269717

    Maintenance Fees $6,354

    Year Built 1975

    Annual Tax Amount $5,456

    Tax Year 2025

    Lot Dimensions 127 x 66

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    Six income-producing apartments create a compelling opportunity for investors seeking scale in one convenient package. This two-story property features six one-bedroom, one-bathroom units, with three residences on the main level and three upstairs. Every apartment includes a walk-in closet, giving tenants the kind of storage that can make compact living feel surprisingly spacious. The numbers deserve attention: the building generates $48,600 in gross annual rent, while tenants pay all utilities. Electric baseboard heat and window air-conditioning units allow residents to manage their own comfort and usage. Unit 2 is currently vacant, offering a ready opening for an owner to re-lease according to their own investment strategy. The vacant apartment was recently refreshed with new bedroom flooring, fresh paint throughout, repainted kitchen cabinetry, updated lighting, and a new water heater and stove. Building-wide improvements include six new electrical panels installed in 2026, two new water heaters (unit 2 and 6) in 2026, and a freshly repainted exterior. The property is offered as-is, and buyers should verify leases, expenses, and operating details. Explore the potential, review the numbers, and arrange your private tour before this six-unit opportunity is claimed.

    Location

    State IL

    County Tazewell

    Area Paar Area

    Direction Washington St. to South 3rd St. Located behind transformer station.

    Rooms

    Basement None

    Interior

    Heating Baseboard, Electric, Electric Water Heater, Window Unit(s)

    Fireplace N

    Laundry None

    Exterior

    View true

    Roof Type Shingle

    Street Surface Gravel

    Total Parking Spaces 10

    Garage 1

    Building

    Lot Description Level

    Faces Washington St. to South 3rd St. Located behind transformer station.

    Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1419673Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1419673Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1419673Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1419673Group_4\"}]

    Foundation Slab

    Water Public Sewer, Public

    Structure Type Wood Siding

    New Construction false

    Schools

    High Schools Pekin Community

    Others

    Tax ID 04-10-03-216-002

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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641

    Agent License ID: 475.123780

    Agent License ID: 475.123780

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