Great investment opportunity at a low price! Nice 3 level apartment building in downtown Pekin. 3 units, 1 on each floor. New carpet and paint on main level apt. Upper level apt. has new carpet, paint, cabinets, sink and bathroom has been remodeled. All units have separate entrances. Some of the utilities are separate and the ones that are not are split among the tenants. Currently the basement unit has a long term tenant. 2 units come with a stove and refrigerator. Parking is behind the building. Rent fees have just recently been increased to what they are listed at now. Property and appliances are being sold as-is.
Sold for $127,500
$127,500
528 Margaret St, Pekin, IL 61554
--beds
0baths
2,991sqft
MultiFamily
Built in 1897
-- sqft lot
$109,500 Zestimate®
$43/sqft
$1,148 Estimated rent
Home value
$109,500
$87,000 - $132,000
$1,148/mo
Zestimate® history
Owner options
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$1,148/mo
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$1,148/mo
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$962/mo
Est. payment
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$962/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,991 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Vinyl
Lot
- Size: 4,499 Square Feet
Details
- Parcel number: 040435336007
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1897
Community & HOA
Location
- Region: Pekin
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $74,280
- Annual tax amount: $2,217
- Tenant pays: Gas & Electric, Water, Garbage Collection, Sewer
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $127,500+266.9%$43/sqft |
Source: Public Record Report a problem | ||
| 4/23/2019 | Sold | $34,750-13.1%$12/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1198413 Report a problem | ||
| 3/29/2019 | Pending sale | $40,000$13/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 3/29/2019 | Listed for sale | $40,000$13/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 3/5/2019 | Pending sale | $40,000$13/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 12/8/2018 | Price change | $40,000-22.9%$13/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 10/16/2018 | Price change | $51,900-5.5%$17/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 9/19/2018 | Listed for sale | $54,900-8.3%$18/sqft |
Source: Re/Max Preferred Choice #1198413 Report a problem | ||
| 7/1/2018 | Listing removed | $59,900$20/sqft |
Source: Real Estate Brokers Unlimited #1192815 Report a problem | ||
| 5/22/2018 | Price change | $59,900-7.7%$20/sqft |
Source: Real Estate Brokers Unlimited #1192815 Report a problem | ||
| 3/30/2018 | Listed for sale | $64,900-15.2%$22/sqft |
Source: Real Estate Brokers Unlimited #1192815 Report a problem | ||
| 2/21/2006 | Sold | $76,500$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,217 +5.2% | $24,760 +7.7% |
| 2023 | $2,106 +6.3% | $22,990 +7.2% |
| 2022 | $1,981 -4.6% | $21,440 -4.5% |
| 2021 | $2,077 +0.9% | $22,460 |
| 2020 | $2,059 +1.4% | $22,460 |
| 2019 | $2,030 +2.6% | $22,460 |
| 2018 | $1,978 | $22,460 -1.8% |
| 2017 | $1,978 +0.8% | $22,870 +2% |
| 2016 | $1,961 +5% | $22,420 |
| 2015 | $1,868 | -- |
| 2013 | $1,868 | $21,880 |
| 2012 | -- | $21,880 |
| 2011 | -- | $21,880 |
| 2010 | -- | $21,880 -12.7% |
| 2009 | $1,764 | $25,050 |
Find assessor info on the county website
Neighborhood: 61554
Nearby homes
- $132,900-- bd-- ba-- sqft530 Margaret St, Pekin, IL 61554Off Market
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- $15,990-- bd-- ba-- sqft514 Margaret St, Pekin, IL 61554Off Market
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- $1,194,000-- bd-- ba-- sqft601 Court St, Pekin, IL 61554Off Market
- $8,550-- bd-- ba-- sqft601 Court St, Pekin, IL 61554Off Market
- $14,730-- bd-- ba-- sqft510 Margaret St, Pekin, IL 61554Off Market
Nearby schools
GreatSchools rating
- 6/10Washington Intermediate SchoolGrades: 4-6Distance: 0.2 mi
- 5/10Edison Junior High SchoolGrades: 7-8Distance: 0.9 mi
- 4/10Pekin Community High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- High: Pekin Community
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$109,500
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$111,690
- Illinois
- Tazewell County
- Pekin
- 61554
- 528 Margaret St
Nearby cities
Nearby zip codes
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