Offered at $144,900 ($64/sq ft), this 1897 two-story residence in Pekin, Illinois, provides an entry-level acquisition for buyers seeking turn-of-the-century craftsmanship at a sub-$150k price point.
Delivering 2,264 sq ft of living space, the home pairs classic architectural details—original millwork, built-in dining hutch, high ceilings, and hardwood floors—with practical family layout features.
The main level centers on formal entertainment spaces, including a dedicated den with built-in bookcases, a half bath, and a rear covered screened porch. The upper level concentrates all four bedrooms around a central full bath.
Property Snapshot
Price: $144,900 💰 ($64/sq ft)
Location: 1015 S 5th St, Pekin, IL 61554 📍
Beds/Baths: 4 🛏️ / 2 🛁 (1 Full, 1 Half)
Square Footage: 2,264 sq ft 📐
Year Built: 1897 🕰️
Lot & Outbuildings: Fenced yard with a detached 2-car garage 🚗
Condition Note: Fireplace is inoperable and sold as-is.
Investment & Market Context
Peoria MSA Positioning: Pekin sits approximately 10 miles south of Peoria, offering quick commuting access to major regional employers (Caterpillar, OSF HealthCare, and Bradley University).
Value & Equity Opportunity: At $64/sq ft, the home provides strong margin for cosmetic updates, HVAC/fireplace restoration, or kitchen modernizations while maintaining a low debt-service baseline.
