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    Pekin, IL
    Commercial Kitchen

    Pekin, IL Commercial Kitchens 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
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pekin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Conventional Restaurant with Event Space
    Conventional Restaurant with Event Space

    1230 5th Street, Lincoln, IL 62656

    $190,000
    7,567 sqft

    Two bars, a commercial kitchen, and outdoor amenities support dining and hosted gatherings.

    View details
    Restaurant and Bar with Event Space
    Restaurant and Bar with Event Space

    1230 5TH Street, Lincoln, IL 62656

    $190,000
    0.33 AC lot

    Commercially zoned restaurant property with indoor dining, entertainment areas, and an outdoor setting for seasonal gatherings.

    View details
    Turnkey QSR Restaurant with Drive-Thru
    Turnkey QSR Restaurant with Drive-Thru

    1017 W Main St, Peoria, IL 61606

    $425,000
    3,380 sqft

    Freestanding turnkey restaurant with a wrap-around drive-thru, full commercial kitchen support, and ADA-compliant facilities.

    View details
    Restaurant Building with Turn-Key Kitchen
    Restaurant Building with Turn-Key Kitchen

    211 NE Adams St, Peoria, IL 61602

    Contact for pricing

    Historic downtown restaurant building with a finished basement kitchen and large banquet-style rooms on the main floors.

    View details

    Pekin, IL Commercial Kitchens Market Trends and Statistics

    Explore 1 commercial kitchens for sale in Pekin, IL on our real estate platform. These investment opportunities span a total of 2,640 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for industrial kitchens in Pekin, IL average $299,000 — 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 $299K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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