429 South Street

For Sale

429 South Street, Pekin, IL 61554

This Pekin property for sale is located at 429 South Street. The current listed sale price for 429 South Street is $474,900. 429 South Street is situated on a lot that is 0.35 acre in size.

Contacts

Jessica Ball

REMAX Traders Unlimited

Steven Reed

REMAX Traders Unlimited

Justin Ball

REMAX Traders Unlimited

Property Details

  • Property Type Multi-Family
  • Property Size 5,440 SF
  • Lot Size 0.35 Acre
  • # of Floors 2
  • Year Built 1972
  • Date Updated Sep 26, 2026

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 here:  Property is listed at a pro forma 11.3% CAP Rate.

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Getting around

  • 53/100

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  • 46/100

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Location

  • City Pekin, IL
  • Zip Code 61554

Points of Interest

  • Marathon

    1.73 miles

  • British Petroleum

    4.37 miles

  • Shell

    5.94 miles

  • Thornton's

    6.28 miles

  • Kroger Fuel

    6.42 miles

  • Mobil

    6.56 miles

  • Casey's

    6.84 miles

  • Casey's General Store

    7.05 miles

  • Costco Gasoline

    8.43 miles

  • Circle K

    8.71 miles

  • Event Parking

    1.64 miles

  • Parking for Marion Manufacturing

    8.93 miles

  • Parking for Hexagon

    9.02 miles

  • MatCor Parking

    9.02 miles

  • Parking for Sprinkmann's Insullation, Inc

    9.19 miles

  • PepsiCo parking

    9.20 miles

  • Parking for State Street Post Office employees & official use

    9.22 miles

  • Parking for guests and residents of RiverWest

    9.22 miles

  • Parking for Delta Industries, Inc

    9.22 miles

  • Public Overflow Parking

    9.24 miles

  • Econo Lodge & Suites

    2.59 miles

  • Hampton Inn & Suites

    2.66 miles

  • Holiday Inn Express & Suites Pekin (Peoria Area)

    2.99 miles

  • Super 8

    3.02 miles

  • Super 8 by Wyndham Peoria East

    8.64 miles

  • Americas Best Value Inn

    8.72 miles

  • Holiday Inn

    8.74 miles

  • Residence Inn

    8.86 miles

  • Best Western Plus

    8.87 miles

  • Fairfield Inn & Suites

    8.91 miles

  • Kroger

    1.37 miles

  • ALDI

    2.74 miles

  • Walmart Supercenter

    2.97 miles

  • Kohl's

    8.78 miles

  • Target

    8.78 miles

Contact 429 South Street
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