320 Derby Street, Pekin, IL, 61554

320 Derby Street Pekin, IL 61554

320 Derby Street, Pekin, IL, 61554
320 Derby Street, Pekin, IL, 61554 320 Derby Street, Pekin, IL, 61554 320 Derby Street, Pekin, IL, 61554
FOR SALE
Property Type:
Free Standing Building
Amount:
$199,000
Last Verified:
Apr 19, 2024


Description

Would make a Great Bar/Tavern/Event Venue, with a partially Renovated Kitchen and partially renovated Walk-In Cooler System – ready for your finishing touches!
Poured Concrete Parking Lot, Steel Roof, and Steel Sided Building on a .29 acre Lot.
Custom Ceramic Tile Bathroom and Bar Area – Quality Craftsmanship Throughout!
Updated Electrical, Plumbing and HVAC.
Energy Efficient Spray Foam insulation already in place.
Ideal location on Derby Street.

SEC 3 T24N R5W ALFS ADDN LOTS 4 & 5 BLK 4 SE 1/4

Building Size: 3240sq ft
Lot Size: 0.29 acres


Documents

320 Derby Brochure_APR2024.pdf

Map of 320 Derby Street, Pekin, IL, 61554

Presented by:
Joseph & Camper Commercial

Request additional information
Will Hayes


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.