Conventional Restaurant

Peoria Heights, IL Conventional Restaurants for Sale

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Peoria, IL Creve Coeur, IL Bartonville, IL East Peoria, IL West Peoria, IL Washington, IL Pekin, IL Germantown Hills, IL
Restaurant and Bar with Banquet Room
Updated: Oct 28
Restaurant and Bar with Banquet Room

Peoria Heights, IL 61616

$749,900
5,866 sqft
5,866 SF restaurant and bar property
Commercial kitchen with hood system and walk‑in cooler
Multiple dining areas, front and rear bars, banquet room, lounge and stage
Separate employee and delivery entrances
Front and rear bars remodeled in 2016
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Renovated Bar & Pub
Updated: Aug 5
Renovated Bar & Pub

1327 E KELLY AVE, Peoria Heights, IL 61616

Contact for pricing
6,900 sqft
6,900‑square‑foot bar and pub property in Peoria Heights
Comprehensively renovated 1962 building with updated finishes
Fixtures, lighting, sound system, furniture, and linens included
Dumbwaiter connects lower‑level and main‑floor kitchen areas
Full‑length NANOWALL windows support patio expansion for events
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Freestanding Restaurant and Brewery
Freestanding Restaurant and Brewery

230 Conference Center Drive, East Peoria, IL 61611

$2,999,000
9,135 sqft

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

View details
Remodeled Restaurant With Cafe
Remodeled Restaurant With Cafe

5805 N Knoxville Ave, Peoria, IL 61614

$1,600,000
6,779 sqft

Full-service dining, bar operations, take-away offerings, and a separate cafe-market entrance support varied hospitality operations.

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Remodeled Restaurant with Cafe
Remodeled Restaurant with Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000
0.68 AC lot

Updated hospitality business with dining, bar, take-away, catering, and outdoor service components.

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Hibachi Restaurant with Sushi Bar
Hibachi Restaurant with Sushi Bar

1000 Riverside Dr, East Peoria, IL 61611

Contact for pricing
9,000 sqft 1.80 AC lot

Freestanding dining property with multiple grill stations, a private dining room, lounge area, and dedicated sushi service.

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Peoria Heights, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 12,766 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for conventional restaurants in Peoria Heights, IL average $749,900 — 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

Conventional restaurants 3
Bars & Pubs 2

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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