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    Peoria Heights, IL
    Bar & Pub

    Peoria Heights, IL Bars & Pubs for Sale

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    Peoria, IL Bartonville, IL East Peoria, IL West Peoria, IL Pekin, IL Washington, IL Creve Coeur, IL Morton, IL
    Turnkey Cigar Lounge Business
    Updated: Oct 24, 2025
    Turnkey Cigar Lounge Business

    3901 N Prospect Road, Peoria Heights, IL 61616

    $450,000
    1,534 sqft
    Fully furnished cigar lounge interior with TVs
    Premium cigar inventory and humidors included
    Well‑ventilated smoking environment
    Great street visibility on high‑traffic Prospect Road
    NDA required; owner retiring
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    3901 N Prospect Road, Peoria Heights, IL 61616

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $263K
      Suggested

    • Property Type

      Single Family Residence
      Built 1930
    View Property Analytics
    Turnkey Cigar Lounge
    Updated: Oct 24, 2025
    Turnkey Cigar Lounge

    3901 N PROSPECT Road, Peoria Heights, IL 61616

    $450,000
    Well‑established cigar lounge in Peoria Heights on high‑traffic Prospect Road with great street visibility
    Ash Cigar Lounge is fully furnished and described as turnkey operation with a well‑designed interior
    Premium cigar inventory and humidors are included with the sale
    Features comfortable seating areas and TVs, with a well‑ventilated smoking environment
    Property utilities/services listed: public sewer and natural gas heating, with central air cooling
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Bar, Restaurant & Concert Venue
    Bar, Restaurant & Concert Venue

    251 Derby Street, Pekin, IL 61554

    $299,000
    2,640 sqft

    For sale bar and restaurant with a full kitchen, gaming, and an outdoor patio plus ample parking.

    View details
    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
    Turnkey Restaurant and Cafe
    Turnkey Restaurant and Cafe

    5805 N Knoxville Avenue, Peoria, IL 61614

    $1,600,000
    0.68 AC lot

    Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

    View details
    Restaurant Event Venue with Growth
    Restaurant Event Venue with Growth

    353 Court Street, Pekin, IL 61554

    $395,000

    Updated restaurant/event venue includes a rear-door carry-out area, independent access to upper floors, and new major mechanicals.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Corner Development Site
    Commercial Corner Development Site

    700 W JEFFERSON Street, Springfield, IL 62702

    $175,000
    0.59 AC lot

    Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

    View details
    Dwight Commercial Development Opportunity
    Dwight Commercial Development Opportunity

    900 N Union Street, Dwight, IL 60420

    $1,200,000
    5.50 AC lot

    Restaurant, bar, and commercial land for sale in Dwight, IL.

    View details
    Restaurant and Bar Property
    Restaurant and Bar Property

    951 Durkin Drive, Springfield, IL 62704

    $425,000

    Restaurant property with formal dining, bar and lounge seating, plus an adjacent lot and parking.

    View details
    Commercial Land in Itasca, IL
    Commercial Land in Itasca, IL

    100 S Walnut Street, Itasca, IL 60143

    Contact for pricing
    0.17 AC lot

    Commercial land available for sale in Itasca, Illinois.

    View details

    Peoria Heights, IL Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 1,534 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for pubs in Peoria Heights, IL average $450,000 — 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 2
    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 5,834
    Population Growth (5Y) -1.3%
    Median Household Income $62,083
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61616 $450K

    Taxes & Financing

    Tax Rate (average for all types) 8.92%
    Property Tax per SF $2.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

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