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.
For sale
$485,000
429 South St, Pekin, IL 61554
4beds
4baths
5,440sqft
Multi Family, Apartment
Built in 1972
-- sqft lot
$473,300 Zestimate®
$89/sqft
$-- HOA
What's special
Owner owned appliancesCommon laundry
- 9 days
- 390
- 23
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jessica Ball Mobile:309-363-2929,
RE/MAX Traders Unlimited,
Justin Ball,
RE/MAX Traders Unlimited
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1269410
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 5,440
- Total interior livable area: 5,440 sqft
Property
Parking
- Total spaces: 13
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 0.35 Acres
- Features: Level
Details
- Parcel number: 041003425007
- Zoning description: RM-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Alf
Location
- Region: Pekin
Financial & listing details
- Price per square foot: $89/sqft
- Annual tax amount: $10,780
- Date on market: 8/19/2026
- Cumulative days on market: 9 days
Estimated market value
$473,300
$450,000 - $497,000
$1,357/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $485,000+9%$89/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1269410 Report a problem | ||
| 6/23/2025 | Sold | $445,000-7.3%$82/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1257060 Report a problem | ||
| 5/26/2025 | Contingent | $479,900$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1257060 Report a problem | ||
| 4/10/2025 | Listed for sale | $479,900$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1257060 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61554
Nearby schools
Schools provided by the listing agent
- High: Pekin Community
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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