335 Court StPekin, IL 61554

This 5,880 square foot commercial building at 335 Court Street in Pekin, Illinois, presents a compelling investment opportunity. Currently leased for $700 per month with a tenant in place for one year, this property offers immediate income potential. The building boasts a prime downtown location, placing it within easy walking distance of the planned 80,000 square foot expansion of the Tazewell County Justice Center, slated for completion by 2027. This significant development project is expected to increase foot traffic and enhance the area's overall economic activity, making this property an even more attractive investment. The building itself features 1,960 square feet on the main floor, with additional square footage located upstairs, providing ample space for a variety of commercial uses. A significant advantage is the large city-owned parking lot situated directly behind the building, ensuring convenient parking for customers and clients. The asking price is $49,900. This property is ideal for investors seeking a strong return on investment in a rapidly developing area. The current lease provides immediate cash flow, while the future development promises significant long-term appreciation. Don't miss this chance to acquire a valuable piece of Pekin's commercial real estate market.