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Gutted Restaurant Building
For Sale
$299,000

1321 Park Road, Peoria, IL 61604

Interior space has been completely gutted, leaving a cleared 6,676-square-foot restaurant building on a 2.19-acre lot with dedicated parking.

Property Size6,676 SF
Lot Size2.19 Acres
Price / SF$44.79
Days on Market248

Property Features for 1321 Park Road

General Information

Standard status Active
Size 6,676 SF
Lot size 2.19 Acres
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $13,699

Amenities

Central Air
3
Concrete
Flat, Membrane

Building Details

Stories 1
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick Real Estate · License #471018071
Source: Xome
Added: Dec 23, 2025 Changed: Aug 28 Last Checked: Aug 28 at 7:43AM

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 Adam Merrick Real Estate

Investment Insights

Based on property information with market context.

This landmark property, formerly known as the legendary Sky Harbor, has been completely gutted to create a cleared interior and a clean development slate. The site includes a 6,676-square-foot restaurant building with the previous build-out removed, allowing a new owner to design the next concept from the ground up.

The property sits on a 2.19-acre lot with dedicated parking spaces and is positioned directly across from Bradley Park. With a Special Use Permit, the property could support an outdoor entertainment venue, including a high-capacity beer garden, and the expansive acreage provides room for additional outdoor or supplemental improvements such as a secondary building or a sprawling permanent patio.

The building and grounds are currently stripped of prior history and presented as ready for a new chapter under an operator or developer plan that aligns with the Special Use Permit process.

Key Highlights

  • Completely gutted 6,676‑square‑foot interior, ready for a new restaurant or entertainment buildout
  • 2.19‑acre lot offers outdoor space for concepts like a permanent patio or secondary building
  • Dedicated parking spaces for the site

Property Analytics

Current Use

High Harbor Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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 - Interior space has been completely gutted, leaving a cleared 6,676-square-foot restaurant building on a 2.19-acre lot with dedicated parking.
Where is this conventional restaurant located?
The property is located at 1321 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: Completely gutted 6,676‑square‑foot interior, ready for a new restaurant or entertainment buildout; 2.19‑acre lot offers outdoor space for concepts like a permanent patio or secondary building; Dedicated parking spaces for the site
More about this property
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