Bar & Pub

Peoria, IL Bars & Pubs for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Pekin, IL Washington, IL North Pekin, IL
Remodeled Restaurant with Cafe
Updated: Dec 1, 2025
Remodeled Restaurant with Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000
0.68 AC lot
Approximately 6,779 square feet of finished restaurant space on roughly 0.68 acres
Remodeled facility with dining room, bar, outdoor dining, and cafe/market entrance
Multiple operating channels include dine‑in, take‑away, catering, and large‑group service
Cafe and market component offers breakfast, coffee, baked goods, deli items, and prepared meals
Parking for 100+ vehicles
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Remodeled Restaurant With Cafe
Updated: Jun 25, 2025
Remodeled Restaurant With Cafe

5805 N Knoxville Ave, Peoria, IL 61614

$1,600,000
6,779 sqft
Approximately 6,779 sq ft of finished restaurant space
Roughly 29,620 sq ft of property
100+ vehicle parking capacity
Separate cafe‑market entrance for breakfast, coffee, deli items, and prepared meals
Remodeled facility with fixtures, inventory, supplies, recipes, and furniture included
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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.

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See hot listings in Peoria

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Freestanding Restaurant with FF&E
Freestanding Restaurant with FF&E

7723 N University St, Peoria, IL 61615

$350,000
0.65 AC lot

The property includes restaurant equipment, bar fixtures, and a covered outdoor seating area.

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Based on your search, we've compiled 9 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

Opportunities in Nearby Cities

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

Turnkey Irish-Themed Bar and Office
Turnkey Irish-Themed Bar and Office

523 North Main Street, Bloomington, IL 61701

$350,000
2,500 sqft

Operational Irish-themed bar with an upstairs room suitable for office use or rental, zoned D-2 for retail and/or restaurant ventures.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Multi-Story Retail and Office Building
Multi-Story Retail and Office Building

217 W JEFFERSON ST, Bloomington, IL 61701

Contact for pricing
20,240 sqft

First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

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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

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

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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.

630 Main St
Restaurants

630 Main St, Peoria, IL 61606

Estimated value: 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 17,579 square feet of properties for sale, with an estimated market value of $3,550,000.

Sale prices for pubs in Peoria, IL start at $350,000, averaging $1,183,333, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 13
Drive through restaurants 6
Bars & Pubs 4
Coffee shops 4
Breakfast & diners 2

Demographics Overview

Population 161K
Population Growth (5Y) -4.8%
Median Household Income $60,369
College Educated 13.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61615 $350K
61614 $1.6M

Taxes & Financing

Tax Rate (average for all types) 9.17%
Property Tax per SF $24.08 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

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