251 DERBY Street, Pekin, IL 61554
Tazewell County
Key Facts
Description
The Twisted Spoke Saloon bar, restaurant and concert venue in Pekin has re-opened and has excellent bar and gaming income. The building has had many updates and a recent interior renovation. The bar and business, including a full kitchen, gaming and state of the art concert stage/equipment, is for sale with all furniture, fixtures and equipment included. Corporation sale includes active liquor and gaming licenses for this location. Property features an outdoor patio space and ample parking. This is an excellent opportunity to buy a profitable bar building and business in Pekin!
Property Information
Property Type
Commercial Sale
Living Area
2,640 sq ft
Lot Size
0.45 acres
Zoning
B-3
Days on Market
232
MLS® Listing#
PA1262241
Property Features
Cooling
Heating
Flooring
Lot Features
Construction
Roof
Security
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$5,022
Tax year 2025
Parcel Number
04-10-03-402-015
Directions
Building and lot on Derby Street
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Pekin, IL
- 27
- Median Days on Market
- 1,656
- Median Sq Ft
- $99
- Median Price / Sq Ft
- 72
- Active Listings
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Pekin, IL.
Location
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Points of Interest in Pekin, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1305 BLACK Street, Pekin, IL | $210,000 | — | — | 3,632 |
| 503 COUNTRY CLUB Drive, Pekin, IL | $219,500 | 4 | 2 | 2,080 |
| 500 N 6TH Street, Pekin, IL | $234,900 | 6 | 4 | 2,367 |
| 2115 SUNSET Drive, Pekin, IL | $234,900 | 5 | 2 | 2,046 |
| 3424 COURT Street C, Pekin, IL | $248,292 | — | — | — |
| 25 S 2ND Street, Pekin, IL | $250,000 | — | — | 6,905 |
Moving Cost Estimate
EXIT Agents in Pekin
Listing Courtesy: RE/MAX Traders Unlimited - Mobile: 309-323-0399
Presented by: Justin Ball