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429 South Street, Pekin, IL 61554

Pekin
Local realty services provided by:CENTURY 21 House of Realty, Inc.
429 South Street,Pekin, IL 61554
$485,000
  • - Beds
  • - Baths
  • 5,440 sq. ft.
  • Multi-family
  • Active
Listed by: jessica ball, justin ball
Office: re/max traders unlimited
MLS#:PA1269410
Source:IL_CAAR

Price summary

  • Price:$485,000
  • Price per sq. ft.:$89.15

About this home

10 unit apartment building that can generate new owners immediate cash flow, with room for rent increases. With rear parking lot available for tenants, common laundry, individual storage units in the basement, this apartment complex has been well maintained, is professionally managed (Stoneburner) and is consistently fully leased. Each of the 10 units are 1 bedroom and 1 bathroom, have owner owned appliances, and each unit has a slider door leading out the back to either a patio or a deck. Tenants each pay their own separately metered Ameren utilities. Video Walkthrough Tour available upon request. See also MLS # PA1269272.

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Home facts

  • Year built:1972
  • Subdivision & Development:Alf
  • Listing ID #:PA1269410
  • Added:22 day(s) ago
  • Updated:September 11, 2026 at 02:44 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:5,440 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1972
  • Building area:5,440 sq. ft.
  • Lot area:0.35 Acres
  • Construction Materials:Brick, Vinyl Siding

Schools

  • High school:Pekin Community

Finances and disclosures

  • Price:$485,000
  • Price per sq. ft.:$89.15
  • Tax amount:$10,780 (2025)

Parking

  • Total parking spaces:13
  • Parking description:Parking Pad

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