3401 Griffin AvePekin, IL 61554

For Sale
$1,500,000

33-Acre Complex, $1.5M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 33.13-acre property in Pekin, Illinois, presents a unique investment opportunity. The site boasts an 8,348 square foot event center, complete with a 3,000 square foot banquet room accommodating up to 250 guests and a fully equipped commercial kitchen. Four baseball fields with dugouts, concessions, and ample restrooms are also included. The property features a sprinkler system and substantial infrastructure, including the concrete perimeter walls of a previously existing 86,597 square foot event dome. The B3 zoning allows for diverse uses. The building is single-story, renovated in 2004. This turnkey operation is priced at $1,500,000, or $179.68 per square foot. An adjacent 11.03-acre parcel is available separately, offering potential for expansion to a total of 44.16 acres. The location benefits from recent nearby developments, including hotels and a gym, suggesting strong growth potential. This property is ideal for an entrepreneur seeking a thriving sports and entertainment venue or a developer looking to capitalize on the existing infrastructure and prime location. The property is located at 3401 Griffin Ave, Pekin, IL 61554, in Tazewell County.

Highlights

  • 33.13-acre property with an 8,348 SF event center in Pekin, IL.
  • Event center includes a 3,000 SF banquet room (250+ capacity) and a fully equipped commercial kitchen.
  • Four baseball fields with dugouts, concessions, and restrooms.
  • Existing infrastructure includes the concrete foundation of a former 86,597 SF dome.
  • B3 zoning allows for diverse uses.
  • Adjacent 11.03-acre parcel available for expansion.

Property Details for 3401 Griffin Ave

Property type
Other specialty properties, Other retail properties
Square Feet
8,348 SF
Year Renovated
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
1,443,143 SF

Location Insight

City
Pekin
County
Tazewell
State
Illinois
Latitude
40.549064570759
Longitude
-89.598306699627
3401 Griffin Ave, Pekin, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3401 Griffin Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message