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    Peoria, IL Conventional Restaurants for Sale

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    East Peoria, IL Bartonville, IL Creve Coeur, IL
    Gutted Restaurant Building and Land
    $299,000
    2.13 Acres
    Gutted Restaurant Building and Land

    1321 N PARK Road, Peoria, IL 61604

    A cleared restaurant interior on over two acres with dedicated parking, positioned directly across from Bradley Park.
    • 6,676 SF interior has been completely gutted for a clean slate for a new concept
    • 2.19‑acre lot with dedicated parking spaces
    • Landmark property formerly known as Sky Harbor, located directly across from Bradley Park
    • Construction includes brick, block, and ornamental block; flooring is concrete
    • Utilities/services include public sewer; heating is natural gas forced air and cooling is central air
    Updated: Mar 5
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    Mixed-Use Commercial Strip Center
    $1,074,455
    13,978 SF
    Mixed-Use Commercial Strip Center

    4325 N Sheridan Road, Peoria, IL 61614

    Mixed-use commercial strip center with 11 units in Peoria, IL.
    • High‑traffic location near Lake & Sheridan, close to major retail like Sheridan Village and HyVee.
    • NNN Mixed‑Use Commercial Strip Center with 11 units, supporting retail, restaurant, office, and medical tenants.
    • Several long‑term, established tenants and professional management are already in place.
    • Separately metered spaces for streamlined overhead management.
    • Ample surface parking to accommodate high‑volume traffic.
    Updated: May 19
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in 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.

    Restaurant with Custom Bar and Gaming
    $199,900
    0.44 Acres
    Restaurant with Custom Bar and Gaming

    Restaurant building with custom bar, designated gaming area, separate dining room, and on-site living quarters upstairs.

    108 MAIN Street, Toluca, IL 61369

    View details
    Hardee’s NNN Fast-Food Restaurant
    $1,157,000
    3,371 SF
    Hardee’s NNN Fast-Food Restaurant

    20-year net lease starting Aug 2022 with renewal options and step rent increases on a Hardee’s fast-food site.

    220 Green Street, Bushnell, IL 61422

    View details
    Restaurant with Custom Bar and Gaming
    $199,900
    Restaurant with Custom Bar and Gaming

    Seats 180 with a custom bar, separate dining area, and on-site living quarters above the restaurant space.

    108 MAIN Street, Toluca, IL 61369

    View details
    Freestanding Corner Retail-Office Building
    $149,900
    Freestanding Corner Retail-Office Building

    A freestanding corner building with high traffic and on-site storage, currently operating as month-to-month office space.

    494 E HURST Street, Bushnell, IL 61422

    View details

    Peoria, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Peoria, IL on our real estate platform. These investment opportunities span a total of 13,978 square feet of properties for sale, with an estimated market value of $1,074,455.

    Sale prices for conventional restaurants in Peoria, IL start at $1,074,455, averaging $1,074,455, and reaching up to $1,074,455 — 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 4
    Coffee shops 3
    Drive through restaurants 3
    Bars & Pubs 1
    Commercial kitchens 1

    Demographics Overview

    Population 161K
    Population Growth (5Y) -4.8%
    Median Household Income $60,369
    College Educated 13.0%

    High-Yield Neighborhoods for Investment

    Identify Peoria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61614 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 9.17%
    Property Tax per SF $24.08 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

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