East Peoria, IL Conventional restaurants for sale

Updated: Jul 14

Freestanding Restaurant and Brewery

230 Conference Center Drive, East Peoria, IL 61611

$3,500,000

9,135 sqft

9,135 SF custom‑built, free‑standing restaurant originally Granite City Food & Brewery (built in 2007)
Open‑view brewery tank area plus open‑view kitchen
510 SF mezzanine above the brewery equipment
1,850 SF outdoor river‑view seating area
Ample on‑site surface parking (parking ratio: 8.76 per 1,000 SF)

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Updated: Dec 19, 2025

Waterfront Marina and Restaurant Property

1109-1111 Sunset Drive, East Peoria, IL 61611

$1,100,000

4,839 sqft 26.80 AC lot

26.8‑acre waterfront property with 2 parcels: 1111 Sunset Drive (2 acres) and 1109 Sunset Drive (24.8 acres).
2019 vacation rental home: 4,839 SF, 4 bedrooms, 4.5 baths, 3 floors, and a 2‑car garage; rents on Airbnb for $475/night.
Home includes a living room with river sunset views and an oversized hot tub.
Marina features a boat ramp, sand beach on the river, and galvanized boat docks that could be re‑installed for income.
Restaurant/bar building totals 3,342 SF (currently closed for sale); previously generated profit in its first year in 2023.

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Drive-Thru Restaurant Building

245 FARMDALE RD, East Peoria, IL 61611

$589,000

1,500 sqft 1.06 AC lot

Former QSR drive-thru building on a 1.06-acre lot with ample parking and strong visibility.

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Former Applebee's Restaurant

900 Riverside Dr, East Peoria, IL 61611

Contact for pricing

Former Applebee's restaurant on a dense retail corridor directly off Interstate 74 with major retailers nearby.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in East Peoria, 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.

Downtown Mixed-Use Theater Complex

309-311 Main Street, Peoria, IL 61602

$599,000

14,966 sqft

Interconnected three-story mixed-use complex with on-site theater and direct rear parking deck access.

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Hard Corner Retail Building

2422 N North Street, Peoria, IL 61604

$330,000

4,085 sqft 0.26 AC lot

Corner retail building with entrances on both North and McClure, currently leased to a barber and a restaurant.

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Turn-Key Restaurant with Adjoining Bar

506 Main Street, Varna, IL 61375

$59,000

3,640 sqft

Turn-key restaurant built in 2021 with a fully equipped adjoining bar, including FF&E and a walk-in fridge.

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Turnkey Bar and Restaurant Building

504 Main Street, Varna, IL 61375

$79,000

3,120 sqft

Turnkey bar with adjoining restaurant space, including in-place seating, equipment, and 2021 remodel upgrades.

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East Peoria, IL Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in East Peoria, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,474 square feet of properties for sale, with an estimated market value of $5,189,000.

Sale prices for conventional restaurants in East Peoria, IL start at $589,000, averaging $1,729,666, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.