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Freestanding Restaurant with Patio
For Lease
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305 PEORIA Street, Washington, IL 61571

Commercial Lease, Washington, IL

Space Size1,516 SF
Days on Market35

Property Features for 305 PEORIA Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions Take Exit 98 - Washington/US-24 Left onto Business US-24/Peoria Street Property will be on your right
Standard status Active
APN 02-02-23-205-031

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 23 T26N R3W SEMPLES ADDN PT LOTS 21-22 LYING SELY OF RR ALSO 16' STRIP LYING BETWEEN SAID LOTS N
Tax Annual Amount 8369
Legal Description SEC 23 T26N R3W SEMPLES ADDN PT LOTS 21-22 LYING SELY OF RR ALSO 16' STRIP LYING BETWEEN SAID LOTS N

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2004
Floors in Building 1
Flooring type Tile
Building materials Stucco, Frame
Roof type Metal
Listing Agency: eXp Realty
Listed By: Jill Barclay
Added: Jul 28 Changed: Aug 19 Last Checked: Aug 31 at 2:06AM
MLS# PA1268731

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.

Freestanding restaurant premises at 305 Peoria Street in Washington, Illinois, comprising a 1,516-square-foot building constructed in 2004. The layout was designed for restaurant operations and includes an outdoor patio, while the site provides dedicated parking across two parcels. Interior finishes include tile flooring, with stucco and frame construction and a metal roof.

Building systems include central air conditioning and natural gas forced-air heat. The property is served by public sewer and is available for lease as commercial restaurant space.

Key Highlights

  • 1,516‑square‑foot freestanding restaurant building constructed in 2004
  • Purpose‑built restaurant layout with outdoor patio seating
  • Dedicated parking lot situated across two parcels

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Bakery (Bike/Boat/Book/etc) Store Auto Parts Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Purpose-built restaurant space with dedicated parking, outdoor seating, and central air conditioning.
Where is this conventional restaurant located?
The property is located at 305 PEORIA Street Washington, IL.
What are key features of this property?
This property features: 1,516‑square‑foot freestanding restaurant building constructed in 2004; Purpose‑built restaurant layout with outdoor patio seating; Dedicated parking lot situated across two parcels
More about this property
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