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.
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.
Three unit current popular Airbnb rental property for sale located just South of Park Avenue area loaded with major upgrades plus fully furnished! Keep as an Airbnb, convert to full time renters or live in one unit and rent out the others! Lots of possibilities! All units beautifully remodeled and updated in and out! Character plus accents abound as you walk through them. Apt 2 & 3 have a shared laundry facility Apt 1 has private washer and dryer. Two 2 BR & 1 bath units (Lower and Main level) plus upper 1 BR & 1 bath apartment. Lower and main level units have GFA heat and upper has wall unit. Appliances in all are newer and main level unit has own washer and dryer even! These units have had way too many recent major upgrades for this verbiage and the full list can be found in associated docs
Courtesy: eXp Realty
309-838-5794
Calling all investors and builders-this tri-plex in Pekin offers a solid opportunity with room to grow. Set on a residential lot with utilities available at the street, the multifamily framework is already established, giving the right buyer a head start. Some areas show wear and will benefit from updating, while others are in better shape and ready to go; interior access is not currently available, so buyers are encouraged to complete all due diligence before submitting an offer. Property is sold strictly as-is, where-is. Whether you're looking to stabilize and improve an income property or take it further with a redevelopment vision, this tri-plex offers real potential in a multifamily-friendly location.
INVESTORS ALERT! What a great opportunity to own this charming building with 3 units in highly desired neighborhood with a park right across the street. Measurements not guaranteed. Appliances sold as is Property Sold as is
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Pekin is located in Illinois. Pekin, Illinois has a population of 32,398. Pekin is less family-centric than the surrounding county with 25.96% of the households containing married families with children. The county average for households married with children is 30.14%.
The median household income in Pekin, Illinois is $50,838. The median household income for the surrounding county is $68,860 compared to the national median of $69,021. The median age of people living in Pekin is 41.5 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 37.7 inches per year, with 24.4 inches of snow per year.
