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    430 State

    Pekin, IL 61554
    • $79,900
    • STATUS: Active
    • ON SITE: 733 days
    • ID#: PA1205842
    UPDATED: 36 min ago
    $79,900
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    Description

    Located in Pekin's newly proposed TIF District. TIF helps municipal governments stimulate redevelopment in a designated area. Using this financing tool, the City can reimburse developers for certain expenses using the property tax revenue that new development in the TIF district generates. Expenses eligible for reimbursement include: Costs of rehabilitation, reconstruction or repair or remodeling of existing buildings, fixtures and leasehold improvements & more. Here's a great opportunity to relocate or start your business in a in a TIF district. The second floor has a 2-bedroomapartment that rented for $500 a month.

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    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2021-06-17T13:45:47.463.
    www.paramounthomesqc.com/homes/95935160
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    430 State Pekin, IL 61554

    • Price: $79,900
    • Status: Active
    • Updated: 36 min ago
    • ID#: PA1205842
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1907
    Built
    Neighborhood:
    Paar Area
    County:
    Tazewell
    Area:
    Paar Area
    Property Description
    Located in Pekin's newly proposed TIF District. TIF helps municipal governments stimulate redevelopment in a designated area. Using this financing tool, the City can reimburse developers for certain expenses using the property tax revenue that new development in the TIF district generates. Expenses eligible for reimbursement include: Costs of rehabilitation, reconstruction or repair or remodeling of existing buildings, fixtures and leasehold improvements & more. Here's a great opportunity to relocate or start your business in a in a TIF district. The second floor has a 2-bedroomapartment that rented for $500 a month.
    Exterior Features

    Exterior Finish Vinyl Frontage Access City StreetCorner LotFrontage Road Lot Dimensions 100X95 Roof Construction Comp Shingle Wall Construction Frame

    Interior Features

    Cooling Central Air Flooring Carpeted Heating Forced AirGas Insulation Unknown

    Property Features

    100 Year Flood Plain No Amenities Cable Annual Taxes 2759.16 Building Description 2 StoryFree Standing Building Name Former Allen & Associates Exemptions None For Lease No For Sale Yes Foreclosure No Handicap Modified No Location Neighborhood Net Operating Income 0 Owner Pays None Ownership Individual Sale Lease Includes BuildingLand Sale Rent For Sale Tax Incentive None Tenant Pays All Terms Lease N/A Type Commercial/Cie Type1 Office Underground Storage Tank No Water Supply Municipal/City Zoning B3 General

    Listing provided courtesy of Gary Allen of Coldwell Banker Real Estate Group.
    © 2021 RMLS Alliance, LLC. All Rights Reserved.


    © 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2021-06-17T13:45:47.463.
     
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