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Restaurant Building with Turn-Key Kitchen
For Sale
Contact for pricing
Pending

211 NE Adams St, Peoria, IL 61602

Historic downtown restaurant building with a finished basement kitchen and large banquet-style rooms on the main floors.

Property SizeContact for details
Days on Market149

Property Features for 211 NE Adams St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Maloof Commercial Real Estate
Listed By: Jason Miller · License #IL 475164113
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 5 at 3:14PM

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 Maloof Commercial Real Estate

Investment Insights

Based on property information with market context.

This historic downtown commercial property offers a fully finished basement with a turn-key kitchen and large open banquet-style rooms on each main floor. The 2nd floor includes a mezzanine area with large windows overlooking the Illinois River and the Murray Baker Bridge.

The building totals 5,325 SF for the first and second floors, with an additional 4,365 SF mezzanine level on the third floor. The interior is configured across multiple levels to support event-style dining and flexible room layouts.

Key Highlights

  • Historic downtown commercial restaurant building
  • Fully finished basement with kitchen
  • Large open banquet‑style rooms on each main floor

Property Analytics

Current Use

Century Network Department State Government Office Packard Plaza Catering Wedding Service Hinton Family Health ... Health

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Locksmith Garden Center Storage Facility Fish Market

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

2,681
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 65% Dining 32% Electronics 3%
Steak 'n Shake Dining
8,946 visits/mo 0.5 miles
Peoria Marriott Pere Marquette Hotels & Casinos
7,366 visits/mo 0.2 miles
Four Points by Sheraton Peoria Hotels & Casinos
5,062 visits/mo 0.4 miles
Courtyard Peoria Downtown Hotels & Casinos
4,461 visits/mo 0.3 miles
Staybridge Suites Peoria-Downtown, an IHG Hotel Hotels & Casinos
1,678 visits/mo 0.3 miles

Demographics for 61602, IL

1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
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?
Commercial kitchen - Historic downtown restaurant building with a finished basement kitchen and large banquet-style rooms on the main floors.
Where is this commercial kitchen located?
The property is located at 211 NE Adams St Peoria, IL.
What are key features of this property?
This property features: Historic downtown commercial restaurant building; Fully finished basement with kitchen; Large open banquet‑style rooms on each main floor
(309) 693-3000 Call to check price and availability
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