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    Pekin, IL
    Bar & Pub

    Pekin, IL Bars & Pubs for Sale

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    Mapleton, IL Creve Coeur, IL Bartonville, IL Peoria, IL South Pekin, IL Groveland, IL Green Valley, IL East Peoria, IL
    Bar, Restaurant & Concert Venue
    Updated: Jul 10
    Bar, Restaurant & Concert Venue

    251 Derby Street, Pekin, IL 61554

    $299,000
    2,640 sqft
    Bar, restaurant, and concert venue in Pekin includes a full kitchen, gaming area, and state‑of‑the‑art concert stage/equipment
    Re‑opened business offered for sale with all furniture, fixtures, and equipment included
    Corporation sale includes active liquor and gaming licenses for this location
    Building has had many updates and a recent interior renovation
    Outdoor patio space plus ample parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    251 Derby Street, Pekin, IL, IL 61554

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Mortgage

      $280K
      Jul 2019

    • Property Type

      Bar, Tavern
      Built 1953
    View Property Analytics
    Restaurant Event Venue with Growth
    Updated: Jan 9
    Restaurant Event Venue with Growth

    353 Court Street, Pekin, IL 61554

    $395,000
    5,460 sqft
    Updated restaurant/event venue with new roof, HVAC, and full fire‑suppression sprinkler system
    Rear‑door carry‑out area connects directly to 24/7 public parking for convenient high‑volume service
    Separate outside entrance provides independent access to the second and third floors
    Second and third floors offer space for future development, including apartments, offices, or expanded commercial use
    Building year built: 1910
    View details
    Two-Unit Commercial Bar and Retail
    Two-Unit Commercial Bar and Retail

    2601 S 14th Street, Pekin, IL 61554

    $395,000

    Updated two-unit building includes a turn-key golf simulator lounge and a leased convenience and liquor store unit.

    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Pekin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Stone Restaurant Building
    Historic Stone Restaurant Building

    321 NE MADISON AVE, Peoria, IL 61603

    Contact for pricing
    10,800 sqft

    Historic stone restaurant building renovated in 2016, with a full commercial kitchen, multiple bars, and 150+ guest seating on the lower level.

    View details
    Mixed-Use Building with Rooftop Bar
    Mixed-Use Building with Rooftop Bar

    140 Washington Square, Washington, IL 61571

    $4,900,000
    0.11 AC lot

    The property combines restaurant, brew pub, rooftop bar, and short-term residential accommodations in downtown Washington.

    View details
    Historic Peoria Bar For Sale
    Historic Peoria Bar For Sale

    1923 SW ADAMS Street, Peoria, IL 61602

    Contact for pricing
    1,863 sqft

    Turn-key neighborhood bar with rich history and excellent cashflow.

    View details
    Former Bar Restaurant
    Former Bar Restaurant

    2480 Washington, Washington, IL 61611

    Contact for pricing

    For sale former bar property being offered as the owner retires.

    View details

    Off-Market Properties in Pekin, IL

    Consider similar Off-Market properties in Pekin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    219 Capitol St
    BAR, TAVERN

    219 Capitol St, Pekin, IL 61554-3253

    $240,000
    Estimated value
    4,920 sqft 0.87 AC lot
    View details
    200 Derby St
    BAR, TAVERN

    200 Derby St, Pekin, IL 61554-5504

    $115,000
    Estimated value
    3,034 sqft 0.15 AC lot
    View details
    437 Ct St
    BAR, TAVERN

    437 Ct St, Pekin, IL 61554-3235

    $75,000
    Estimated value
    2,379 sqft 0.05 AC lot
    View details
    303 Margaret St
    BAR, TAVERN

    303 Margaret St, Pekin, IL 61554-3162

    $110,000
    Estimated value
    1,816 sqft 0.26 AC lot
    View details
    513 Ct St
    BAR, TAVERN

    513 Ct St, Pekin, IL 61554-3347

    $55,000
    Estimated value
    960 sqft 0.03 AC lot
    View details
    433 Ct St
    BAR, TAVERN

    433 Ct St, Pekin, IL 61554-3235

    $235,000
    Estimated value
    3,882 sqft 0.10 AC lot
    View details
    1010 2nd St
    BAR, TAVERN

    1010 2nd St, Pekin, IL 61554-4359

    $50,000
    Estimated value
    1,000 sqft 0.06 AC lot
    View details
    208 Koch St
    BAR, TAVERN

    208 Koch St, Pekin, IL 61554-5521

    $240,000
    Estimated value
    2,800 sqft 0.37 AC lot
    View details
    519 Ct St
    BAR, TAVERN

    519 Ct St, Pekin, IL 61554-3347

    $250,000
    Estimated value
    3,121 sqft 0.07 AC lot
    View details
    435 Ct St
    BAR, TAVERN

    435 Ct St, Pekin, IL 61554-3235

    $245,000
    Estimated value
    2,000 sqft 0.05 AC lot
    View details
    2024 Broadway St, Unit 2026
    BAR, TAVERN

    2024 Broadway St, Pekin, IL 61554-3826

    Unit 2026
    $245,000
    Estimated value
    3,231 sqft 0.35 AC lot
    View details
    660 Radio City Dr
    BAR, TAVERN

    660 Radio City Dr, Pekin, IL 61554-1580

    $255,000
    Estimated value
    5,425 sqft 0.81 AC lot
    View details
    251 Derby St
    BAR, TAVERN

    251 Derby St, Pekin, IL 61554-5561

    $300,000
    Estimated value
    2,640 sqft 0.45 AC lot
    View details
    221 Ct St
    BAR, TAVERN

    221 Ct St, Pekin, IL 61554-3102

    $235,000
    Estimated value
    1,625 sqft 0.10 AC lot
    View details
    214 5th St
    BAR, TAVERN

    214 5th St, Pekin, IL 61554-3308

    $230,000
    Estimated value
    2,400 sqft 0.22 AC lot
    View details
    930 2nd St
    BAR, TAVERN

    930 2nd St, Pekin, IL 61554-4330

    $240,000
    Estimated value
    3,137 sqft 0.12 AC lot
    View details
    1703 1707th S 2nd St
    BAR, TAVERN

    1703 1707th S 2nd St, Pekin, IL 61554

    $210,000
    Estimated value
    5,286 sqft 0.35 AC lot
    View details

    Pekin, IL Bars & Pubs Market Trends and Statistics

    Explore 20 bars & pubs for sale in Pekin, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,100 square feet of properties for sale, with an estimated market value of $1,089,000.

    Sale prices for pubs in Pekin, IL start at $299,000, averaging $363,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 4
    Conventional restaurants 3
    Commercial kitchens 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) -3.0%
    Median Household Income $62,484
    College Educated 8.7%

    High-Yield Neighborhoods for Investment

    Identify Pekin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61554 $363K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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