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201 Cypress Street, Pekin, IL 61554

$239,900

4,091 sq ft
MLS# 1262190
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Fantastic investment opportunity! This well-maintained quad-plex offers four spacious 2-bedroom, 1-bath units on a quiet corner lot in Pekin.

Each unit features a functional layout, large bedrooms, adding both convenience and tenant appeal. Unit 4 is a reliable long-term tenant who handles lawn maintenance for a small rent discount and received a new water heater in (Oct 2024). Unit 2 has a brand-new A/C (2025), Unit 3 is vacant and move-in ready with a new water heater (2025) and furnace installed in (Oct 2022), and the roof is only a few years old. Gutter Masters installed new 6” gutters and downspouts in (Sept 2022), ensuring proper drainage and exterior protection. The property has been professionally managed, with water/sewer billed back to tenants. With a gross annual rent of $35,100, low operating expenses; this is a low-risk, high-yield investment offering steady cash flow, newer mechanicals, and strong long-term potential. Turnkey and ready for its next investor! Minimum 24hr notice for all showings.

Property Details

City
Pekin
County
Tazewell
Subdivision
Broadway Heights
Schools
  • Pekin Community
Type
Residential Income
Garage
  • Guest
New Construction
No
Square Ft.
4,091
Apx Lot Size
irreg
Year Built
1972

Features

Roofing
  • Shingle
Garage/Parking
  • Guest
Basement
  • Full
Heating/Cooling
  • Forced Air
  • Gas Water Heater
Water/Sewer
  • Public Sewer
  • Public
Laundry Facilities
  • Units Hook-Ups

Financials

2025 Taxes
6107
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Keller Williams Revolution, Tricia Yordy, as of 11/06/2025 14:15pm 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 renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.