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609 S 3rd Street, Pekin, IL 61554

Pekin
Local realty services provided by:CENTURY 21 Tucker Swanson
609 S 3rd Street,Pekin, IL 61554
$275,000
  • - Beds
  • - Baths
  • 3,080 sq. ft.
  • Multi-family
  • Active
Listed by: mackenzie price
Office: re/max traders unlimited
MLS#:PA1269717
Source:IL_CAAR

Price summary

  • Price:$275,000
  • Price per sq. ft.:$89.29

About this home

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...

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Home facts

  • Year built:1975
  • Subdivision & Development:Cincinnati
  • Listing ID #:PA1269717
  • Added:12 day(s) ago
  • Updated:September 11, 2026 at 02:43 PM

Rooms and interior

  • Basement:Yes
  • Living area:3,080 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1975
  • Building area:3,080 sq. ft.
  • Construction Materials:Wood Siding
  • Foundation Description:Slab

Schools

  • High school:Pekin Community

Utilities

  • Water:Public

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$89.29
  • Tax amount:$5,456 (2025)

Parking

  • Total parking spaces:10
  • Parking description:On Street

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