429 South Street
Pekin, IL 61554
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Bed
0
Bath
0.35Acre(Lot)
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 upon request. See also MLS # PA1269272.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1972 Building Area Total: 5440 Construction Materials: Brick, Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: see plat Lot Size Acres: 0.35 Lot Description: LevelProperty Information
Subdivision: Alf Source Property Type: Residential Income MLS Area Minor: PAAR Area Property SubType: Multi Family Property Age: 54
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Listing Price Information
Listing Price: $485000
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Tax Information
Parcel Number: 04-10-03-425-007 Tax Year: 2025 Annual Tax: $10780.3 Tax Legal Desc: SEC 3 T24N R5W ALFS ADDN LOT 8(EXC W 30')& ALL LOTS 9 & 10 BLK 6 SE 1/4
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Parking Information
Parking Total: 13 Parking PadHomeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Pekin Community -
Location Information
Direction: Corner of South and Bacon
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Based on information submitted to the MLS GRID as of 09/08/2026 @ 13:32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 09/08/2026 @ 13:32
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