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    7411 N Grand Prairie Dr Peoria, IL 61615

    For Sale
    Contact for pricing

    Fully-equipped restaurant building in Shoppes at Grand Prairie.

    Property size:
    4,486 SF
    Lot size:
    31.95 Acres

    Property Features for 7411 N Grand Prairie Dr

    General Information

    Size
    4,486 SF
    Lot size
    31.95 Acres

    Source: Citadel Property Advisors Agent Michael Havdala

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Restaurant Building For Sale

    This is a fully-built, freestanding full-service restaurant building located at a key entrance to Shoppes at Grand Prairie, which is anchored by Dick’s Sporting Goods, Marshalls, and HomeGoods. The 4,486 square foot second-generation restaurant building includes two walk-in coolers, one walk-in freezer, a hood with an Ansul system, and a grease trap. The property benefits from excellent daily needs anchors nearby, including Hy-Vee and Planet Fitness. It is surrounded by national restaurants such as Starbucks, Long Horn Steakhouse, and Original Pancake House. The property also features a highly-visible pole sign along North Grand Prairie Drive. Entertainment drivers nearby include an 18-screen AMC theater and the Louisville Slugger sports complex. The property is located in Peoria, IL.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Trailin' Smoke BBQ, Hickory River Smokehouse

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6767788
    Latitude
    40.7782811

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    FAQs

    What type of property is this?
    Restaurant - Fully-equipped restaurant building in Shoppes at Grand Prairie.
    Where is this restaurant located?
    The property is located at 7411 N Grand Prairie Dr Peoria, IL.
    What are key features of this property?
    This property features: - Fully-built, freestanding 4,486 SF second-generation restaurant building at a key entrance to Shoppes at Grand Prairie.; - Anchored by Dick’s Sporting Goods, Marshalls, and HomeGoods.; - Includes two walk-in coolers, one walk-in freezer, hood with Ansul system, and grease trap.
    (312) 312-9944
    Request Owner's contact information
    7411 N Grand Prairie Dr Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7411 N Grand Prairie Dr Peoria, IL 61615
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