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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Listed by Mackenzie Price • RE/MAX Traders Unlimited
$275,000
Est. payment /mo
3,080 SqFt
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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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Jackie Weisenburger

Jackie Weisenburger

+1(217) 430-9353

Broker License ID: 475.141177

Broker License ID: 475.141177

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