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Free-Standing Drive-Thru Restaurant
For Sale
$1,150,000

2231 W Glen Ave, Peoria, IL 61614

Former QSR with a drive-thru, fully built out and including kitchen equipment, suitable for owner-user or redevelopment.

Property Size2,484 SF
Days on Market142

Property Features for 2231 W Glen Ave

General Information

Standard status Active
Size 2,484 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Building Size 2,484 SF
Year Built 2020
Listing Agency: Latitude Commercial
Listed By: Myles Rapchak · License #IN #RB14052315
Source: Latitudeco
Added: Apr 1 Changed: Aug 16 Last Checked: Jul 23 at 4:56AM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

Free-standing building for sale at 2231 W Glen Ave, Peoria, IL. The property was formerly a quick-service restaurant (QSR) and includes a drive-thru configuration. It is fully built out and includes all kitchen equipment, supporting a streamlined transition to a new operator or a redevelopment plan.

The site is located just off the highway with quick access to Route 150. It also benefits from strong visibility and convenient traffic flow. The surrounding retail environment includes national retailers such as Target, PetSmart, TJ Maxx, Lowe’s, CVS, and others.

Overall, this is a turn-ready drive-thru restaurant building with existing improvements and equipment in place, positioned within a dense mix of established retail.

Key Highlights

  • Free‑standing building built in 2020 in Peoria, IL
  • Former quick‑service restaurant (QSR) with drive‑thru
  • Fully built out with kitchen equipment included

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Daycare Center Electrical Service Garden Center Grocery & Convenience 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby
524k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 33% Superstores 20% Apparel 11%
Target Superstores
107,174 visits/mo 0.3 miles
Chick-fil-A Dining
51,130 visits/mo 0.3 miles
Five Below Shops & Services
46,503 visits/mo 0.4 miles
T.J. Maxx Apparel
45,256 visits/mo 0.5 miles
Barnes & Noble Shops & Services
37,227 visits/mo 0.4 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
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?
Drive through restaurant - Former QSR with a drive-thru, fully built out and including kitchen equipment, suitable for owner-user or redevelopment.
Where is this drive through restaurant located?
The property is located at 2231 W Glen Ave Peoria, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Free‑standing building built in 2020 in Peoria, IL; Former quick‑service restaurant (QSR) with drive‑thru; Fully built out with kitchen equipment included
More about this property
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