Conventional Restaurant

Peoria Heights, IL Conventional Restaurants for Sale

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Peoria, IL Bartonville, IL East Peoria, IL West Peoria, IL Pekin, IL Washington, IL Creve Coeur, IL Morton, IL
Restaurant Building with Banquet Space
Updated: May 19
Restaurant Building with Banquet Space

4538 N Prospect Rd, Peoria Heights, IL 61616

$999,900
5,866 sqft
Remodeled restaurant in Peoria Heights with Back of House hood and walk‑in
Back of House includes dry stock area, locking liquor/security room, and manager’s office
Back of House layout has two employee/delivery ingress/egress points and three bathrooms
Front of House features main dining with pass‑through window, auxiliary dining, lounge area, and stage
Large party/banquet room plus dual front entrances for patrons
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, 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.

Hard Corner Retail Building
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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Turnkey Restaurant and Cafe
Turnkey Restaurant and Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000
0.68 AC lot

Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

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Waterfront Marina and Restaurant Property
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 offering a 2019 vacation rental home, a marina with boat ramp and beach, and a restaurant/bar building.

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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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Peoria Heights, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 5,866 square feet of properties for sale, with an estimated market value of $999,900.

Sale prices for conventional restaurants in Peoria Heights, IL start at $999,900, averaging $999,900, and reaching up to $999,900 — 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 2
Conventional restaurants 1

Demographics Overview

Population 5,834
Population Growth (5Y) -1.3%
Median Household Income $62,083
College Educated 40.4%

Taxes & Financing

Tax Rate (average for all types) 8.92%
Property Tax per SF $2.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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