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Freestanding Drive-Through Restaurant
For Sale
$150,000

2920 NE Adams St, Peoria, IL 61603

Adaptable freestanding restaurant facility with drive-through operations, commercial food-service infrastructure, and Heavy Industrial zoning.

Property Size2,947 SF
Lot Size0.88 Acres
Price / SF$50.90
Days on Market68

Property Features for 2920 NE Adams St

General Information

Standard status Active
Size 2,947 SF
Lot size 0.88 Acres
Property subtype Quick Service Restaurant
Zoning I2

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Road Access Yes

Building Details

Building Size 2,947 SF
Year Built 1980
Buildings 1
Listing Agency: Maloof Commercial
Listed By: Dan Maloof · License #IL #475.122647
Source: Maloofcom
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 29 at 1:22PM

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

Investment Insights

Based on property information with market context.

This freestanding drive-through restaurant facility contains 2,947 square feet on a 0.88-acre site. The building includes infrastructure for commercial hoods, prep lines, and walk-in refrigeration, supporting food-service operations and related adaptive reuse. A wraparound drive-through and expansive parking lot are part of the property, with access points on Adams Street and pylon signage along the frontage.

The site is zoned Heavy Industrial (I2), allowing the property to accommodate a range of commercial uses identified in the listing, including automotive and express services, medical and veterinary uses, and trade suppliers and logistics. The property is located within the Peoria Urban Enterprise Zone and was built in 1980.

Key Highlights

  • 2,947‑square‑foot freestanding building on a 0.88‑acre lot
  • Wraparound drive‑through with expansive parking lot
  • Commercial hood, prep‑line, and walk‑in refrigeration infrastructure

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Hair Salon

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
Paved road access

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Circle K Shops & Services
10,373 visits/mo 0.0 miles
Hardee's Dining
4,456 visits/mo 0.4 miles

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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 - Adaptable freestanding restaurant facility with drive-through operations, commercial food-service infrastructure, and Heavy Industrial zoning.
Where is this drive through restaurant located?
The property is located at 2920 NE Adams St Peoria, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,947‑square‑foot freestanding building on a 0.88‑acre lot; Wraparound drive‑through with expansive parking lot; Commercial hood, prep‑line, and walk‑in refrigeration infrastructure
More about this property
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