Don’t miss this fantastic investment opportunity! This 6-unit property in Pekin is 100% occupied, making it a turn-key addition to your portfolio. Each unit features a comfortable 1-bedroom, 1-bath layout with newer LVP flooring throughout, ensuring durability and modern appeal. With all units currently rented, this property offers immediate rental income and the stability of long-term tenants. Whether you're a seasoned investor or just starting out, this property offers a great chance to earn steady cash flow. Take advantage of this well-kept property with minimal maintenance. Agent owned but not by the listing agent.
Sold for $276,000
$276,000
609 S 3rd St, Pekin, IL 61554
4beds
4baths
3,080sqft
Multi Family
Built in 1975
-- sqft lot
$268,600 Zestimate®
$90/sqft
$1,599 Estimated rent
Home value
$268,600
$242,000 - $295,000
$1,599/mo
Zestimate® history
Owner options
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$1,599/mo
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$1,599/mo
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$1,997/mo
Est. payment
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$1,997/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tracy Morris Cell:309-678-6648,
eXp Realty
Bought with:
Mackenzie Price, 475190981
RE/MAX Traders Unlimited
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1255873
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: None
Features
- Basement: None
Interior area
- Total structure area: 3,080
- Total interior livable area: 3,080 sqft
Property
Parking
- Total spaces: 10
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 8,316 Square Feet
- Dimensions: 66 x 126
- Features: Level
Details
- Parcel number: 041003216002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Cincinnati
Location
- Region: Pekin
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $174,960
- Annual tax amount: $4,961
- Date on market: 2/7/2025
- Cumulative days on market: 13 days
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Listing removed | $675 |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Listed for rent | $675 |
Source: Zillow Rentals Report a problem | ||
| 4/15/2025 | Sold | $276,000+2.2%$90/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1255873 Report a problem | ||
| 2/28/2025 | Pending sale | $270,000$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255873 Report a problem | ||
| 2/14/2025 | Listed for sale | $270,000-8.5%$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255873 Report a problem | ||
| 10/11/2023 | Listing removed | -- |
Source: RMLS Alliance as distributed by MLS GRID #PA1243873 Report a problem | ||
| 7/11/2023 | Listed for sale | $295,000+63.9%$96/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1243873 Report a problem | ||
| 5/26/2023 | Sold | $180,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,221 +5.2% | $58,320 +7.7% |
| 2023 | $4,962 +7.5% | $54,160 +8.4% |
| 2022 | $4,617 +3.9% | $49,960 +4% |
| 2021 | $4,443 +0.9% | $48,040 |
| 2020 | $4,403 +1.4% | $48,040 |
| 2019 | $4,342 +2.6% | $48,040 |
| 2018 | $4,231 | $48,040 |
| 2017 | $4,231 +2.7% | $48,040 +2% |
| 2016 | $4,120 +5% | $47,100 |
| 2015 | $3,924 +2.2% | -- |
| 2013 | $3,840 | $46,200 |
Find assessor info on the county website
Neighborhood: 61554
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Nearby schools
GreatSchools rating
- 4/10Jefferson Elementary SchoolGrades: K-3Distance: 0.2 mi
- 5/10Edison Junior High SchoolGrades: 7-8Distance: 1.4 mi
- 4/10Pekin Community High SchoolGrades: 9-12Distance: 1.7 mi
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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$268,600
2% more
+$5,372
With Zillow Showcase(estimated)
$273,972
- Illinois
- Tazewell County
- Pekin
- 61554
- 609 S 3rd St
Nearby cities
Nearby zip codes
Other Pekin Topics
