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Mixed-Use Restaurant and Apartment Building
For Sale
$350,000

1219 W MAIN Street, Peoria, IL 61606

Commercial Sale, Peoria, IL

Property SizeContact for details
Days on Market233

Property Features for 1219 W MAIN Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions N University heading towards Bradley. At intersection Turn Left onto main street by One World. Building on the left
Standard status Active
APN 18-05-405-021

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7013

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Floors in Building 2
Number of units 5
Flooring type Tile
Building materials Brick
Listing Agency: eXp Realty
Listed By: Jill Barclay
Added: Jan 9 Changed: Aug 19 Last Checked: Aug 30 at 7:06PM
MLS# PA1263292

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial building combines a restaurant-oriented main level with two apartments on the upper floor. Brick construction, tile flooring, natural gas heating, and public sewer service are documented property features. Commercial zoning supports the existing mixed-use configuration.

The property is located at 1219 W MAIN Street in Peoria, near Bradley University. Its placement in an active area provides a setting for a business operation with residential space above, subject to applicable approvals and operating requirements.

Key Highlights

  • Restaurant‑configured main level with two apartments upstairs
  • Commercial zoning
  • Brick construction with tile flooring

Property Analytics

Current Use

Sunny House Chinese ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning supports a restaurant layout with two upstairs apartments.
Where is this mixed-use property located?
The property is located at 1219 W MAIN Street Peoria, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Restaurant‑configured main level with two apartments upstairs; Commercial zoning; Brick construction with tile flooring
More about this property
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