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310 Country Club Dr - Pekin Country Club

24,591 SF Sports & Entertainment Building Offered at $1,950,000 in Pekin, IL 61554

Investment Highlights

  • 18 hole private club
  • Turnkey Operation
  • Opportunity to re-engage membership
  • Historic Club in great area
  • Proximity to Peoria market
  • Excellent Course Conditions

Executive Summary

Pekin Country Club is a 18 hole, private country club located in Pekin, Illinois. The course features a championship eighteen hole golf course and a state of the art golf practice facility.
The 18-hole Pekin Country Club opened in 1963. Designed by Larry Packard, Pekin Country Club measures 6832 yards from the longest tees and has a slope rating of 124 and a 72.2 USGA rating. The course features 4 sets of tees for different skill levels for both men and women. ?
Pekin CC has maintained a steady, active membership in the past but ran into some financial issues due to the lack of a strong management team to effectively manage the operations. While the golf course operations were profitable, the club sustained significant losses in their food and beverage operations.
Membership has declined as a result of the recent financial struggles. A new owner should be able to re-engage former members which should result in membership returning to prior levels. Overall Pekin CC is priced competitively in the market, the golf course and facilities are in excellent condition.

Property Facts

Price $1,950,000
Price Per SF $79
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • Business Value Included
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 150.00 AC
Building Size 24,591 SF
No. Stories 2
Year Built 1965
Parking Ratio 6.47/1,000 SF

About 310 Country Club Dr , Pekin, IL 61554

Highly regarded Central Illinois County Club. Nice Clubhouse. Motivated Owner.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-05-32-300-002
  • 05-05-32-100-015
Land Assessment
$225,260
Improvements Assessment
$507,720
Total Assessment
$732,980

zoning

Zoning Code R-1 (Low Density Residential)
R-1 (Low Density Residential)
  • Listing ID: 33589414

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 310 Country Club Dr, Pekin, IL 61554

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