Restaurant Redevelopment Site with
For Sale
$299,000
1321 N PARK Road, Peoria, IL 61604
Commercial Sale, Peoria, IL
Property Size6,676 SF
Lot Size2.13 Acres
Price / SF$44.79
Days on Market169
Property Features for 1321 N PARK Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMERCIAL
Directions
FARMINGTON RD TO N ON PARK TO PROPERTY ON L.
Standard status
Active
APN
18-06-279-010
Lot size
2.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NELSON CLARKS RES'Y & SUB NE 1/4 SEC 6-8-8E BEG 523.6' N OF INTERSEC W LN PARK RD & N LN FARMINGTON
Tax Annual Amount
13699
Legal Description
NELSON CLARKS RES'Y & SUB NE 1/4 SEC 6-8-8E BEG 523.6' N OF INTERSEC W LN PARK RD & N LN FARMINGTON
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Brick, Block, Ornamental Block
Roof type
Flat, Membrane
Listing Agency:
Adam Merrick Real Estate
(309) 282-1000
Listed By:
Adam Merrick · License #471018071
(309) 678-3734
Added: Mar 5
Changed: Aug 19
Last Checked: Aug 21 at 5:06AM
MLS# PA1264632
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.
Restaurant redevelopment opportunity at 1321 N Park Road, Peoria, IL 61604, directly across from Bradley Park. The property’s 6,676-square-foot interior has been completely gutted, creating a clean slate for a new restaurant or entertainment concept.
The site sits on a 2.13-acre lot with dedicated parking spaces. Construction materials include brick, block, and ornamental block, with concrete flooring. Mechanical and building systems listed include forced air heating with natural gas and central air cooling, supported by public sewer. The roof is described as flat with membrane.
The property is shown as COMMERCIAL-zoned, and a Special Use Permit is referenced in connection with pursuing an outdoor entertainment venue or a high-capacity beer garden. The lot size provides room to consider outdoor seating and/or additional development as part of a permitted plan.
The site sits on a 2.13-acre lot with dedicated parking spaces. Construction materials include brick, block, and ornamental block, with concrete flooring. Mechanical and building systems listed include forced air heating with natural gas and central air cooling, supported by public sewer. The roof is described as flat with membrane.
The property is shown as COMMERCIAL-zoned, and a Special Use Permit is referenced in connection with pursuing an outdoor entertainment venue or a high-capacity beer garden. The lot size provides room to consider outdoor seating and/or additional development as part of a permitted plan.
Key Highlights
- 6,676‑square‑foot interior has been completely gutted for redevelopment
- 2.13‑acre lot with dedicated parking spaces
- Directly across from Bradley Park
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
15,396 visits/mo
0.2 miles
Demographics for 61604, IL
29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Gutted restaurant interior on a 2.13-acre commercial-zoned lot with dedicated parking and utilities including public sewer.
Where is this conventional restaurant located?
The property is located at 1321 N PARK Road Peoria, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 6,676‑square‑foot interior has been completely gutted for redevelopment; 2.13‑acre lot with dedicated parking spaces; Directly across from Bradley Park
