Restaurant with Upstairs
For Sale
$350,000
1219 W Main Street, Peoria, IL 61606
Commercial building designed with a restaurant on the main level and two apartments upstairs.
Property Size4,640 SF
Price / SF$75.43
Days on Market297
Property Features for 1219 W Main Street
General Information
Standard status
Active
Size
4,640 SF
Property subtype
General Commercial
Listing Agency:
Exp Realty, Llc
(309) 692-6100
Listed By:
Jill Barclay
Source:
Xome
Added: Oct 7, 2025
Changed: Jul 20
Last Checked: Jul 26 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty, Llc
Investment Insights
Based on property information with market context.
This commercial building is set up for a restaurant on the main level, with two apartments located upstairs. The property configuration supports both an owner-operated food service use and residential income within the same structure.
The building is located at 1219 W Main Street in Peoria, IL, described as being right by Bradley University and on one of the busiest areas of the market.
The offering includes the stated possibility to build up for more equity. The main-level restaurant and the two upper apartments create a practical mixed-use layout for an operator who wants income potential alongside their business.
The building is located at 1219 W Main Street in Peoria, IL, described as being right by Bradley University and on one of the busiest areas of the market.
The offering includes the stated possibility to build up for more equity. The main-level restaurant and the two upper apartments create a practical mixed-use layout for an operator who wants income potential alongside their business.
Key Highlights
- Commercial building set up with a restaurant on the main level.
- Two apartments located upstairs.
- Opportunity for additional building up for more equity (per listing remarks).
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial building designed with a restaurant on the main level and two apartments upstairs.
Where is this conventional restaurant 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: Commercial building set up with a restaurant on the main level.; Two apartments located upstairs.; Opportunity for additional building up for more equity (per listing remarks).
