Peoria, IL Bars & Pubs for sale

Updated: Dec 1, 2025

Turnkey Restaurant and Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000

0.68 AC lot

Hospitality business with 6,779 SF finished space on 29,620 SF property
Multiple revenue streams: full‑service dining, bar sales, grab‑and‑go market, and established catering/large group & corporate capabilities
Separate cafe/market entrance for breakfast service, coffee, baked goods, deli items, and prepared meals
Parking for 100+ vehicles to support high‑volume traffic and special events
Facility completely remodeled and updated; includes fixtures, inventory, supplies, recipes, and furniture included

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Updated: Mar 5

Gutted Restaurant Building with Parking

1321 N Park Road, Peoria, IL 61604

$299,000

6,676 sqft 2.19 AC lot

6,676‑square‑foot interior has been completely gutted, offering redevelopment space for a new concept
2.19‑acre lot provides room for outdoor uses and potential additions or expanded patio/event space
Located directly across from Bradley Park
Dedicated parking spaces included with the property
Special Use Permit may be secured for expanded outdoor entertainment or event uses

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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.

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Gutted Restaurant Building

1321 N PARK Road, Peoria, IL 61604

Contact for pricing

6,676 sqft 2.19 AC lot

Interior space has been completely gutted, leaving a cleared 6,676-square-foot restaurant building on a 2.19-acre lot with dedicated parking.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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

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.

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Turnkey Cigar Lounge Business

3901 N Prospect Road, Peoria Heights, IL 61616

$450,000

1,534 sqft

Fully furnished cigar lounge with TVs and ventilated smoking environment, with cigar inventory and humidors included.

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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.

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Turnkey Cigar Lounge

3901 N PROSPECT Road, Peoria Heights, IL 61616

$450,000

For sale B2-zoned cigar lounge with a fully furnished interior, TVs, and premium inventory plus humidors included.

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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

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.

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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.

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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.

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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.

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Off-Market Properties in Peoria, IL

Consider similar Off-Market properties in Peoria, 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.

Restaurants

630 Main St, Peoria, IL 61606

Value Estimation by Request

1,840 sqft 0.04 AC lot

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Peoria, IL Bars & Pubs Market Trends and Statistics

Explore 5 bars & pubs for sale in Peoria, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,152 square feet of properties for sale, with an estimated market value of $1,899,000.

Sale prices for pubs in Peoria, IL start at $299,000, averaging $949,500, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.