Conventional Restaurant

Pekin, IL Conventional Restaurants for Sale

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Mapleton, IL Creve Coeur, IL Bartonville, IL Peoria, IL South Pekin, IL Groveland, IL Green Valley, IL Glasford, IL
Mixed-Use Restaurant and Industrial Building
Updated: Jun 30, 2025
Mixed-Use Restaurant and Industrial Building

1310 Derby Street, Pekin, IL 61554

$280,000
7,044 sqft
3‑unit hard‑corner investment property in a 7,044 SF building (built 1953)
Two spaces currently leased: Darcy's Cafe (1,400 SF, gaming lounge) and Like New Parts (3,844 SF, powder coating)
Third unit is vacant (1,800 SF) and was formerly a laundromat; plumbing remains in place
Two of three spaces are leased, with the option to use the vacant space for an owner‑operator business
Gaming cafe space FF&E can be included so a buyer can run a cafe or lease it out
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Restaurant Event Venue with Growth
Updated: Jul 8
Restaurant Event Venue with Growth

353 Court Street, Pekin, IL 61554

$395,000
Updated restaurant/event venue with new roof, HVAC, and full fire‑suppression sprinkler system
Rear‑door carry‑out area connects directly to 24/7 public parking for convenient high‑volume service
Separate outside entrance provides independent access to the second and third floors
Second and third floors offer space for future development, including apartments, offices, or expanded commercial use
Building year built: 1910
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Freestanding Restaurant and Brewery
Freestanding Restaurant and Brewery

230 Conference Center Drive, East Peoria, IL 61611

$3,500,000
9,135 sqft

Custom-built restaurant with an open-view brewery tank area, open-view kitchen, mezzanine, and outdoor river-view seating.

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Downtown Mixed-Use Theater Complex
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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Mixed-Use Restaurant Building
Mixed-Use Restaurant Building

1219 W MAIN Street, Peoria, IL 61606

$350,000

Commercial building configured with a main-level restaurant and two upstairs apartments, offering additional space for expansion.

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Former Applebee's Restaurant
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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Pekin, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Pekin, IL on our real estate platform. These investment opportunities span a total of 7,044 square feet of properties for sale, with an estimated market value of $675,000.

Sale prices for conventional restaurants in Pekin, IL start at $280,000, averaging $337,500, and reaching up to $395,000 — 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 3
Conventional restaurants 2
Commercial kitchens 1

Demographics Overview

Population 41K
Population Growth (5Y) -3.0%
Median Household Income $62,484
College Educated 8.7%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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