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Freestanding Restaurant with Patio
For Lease
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305 Peoria Street, Washington, IL 61571

Purpose-built dining property with dedicated parking and outdoor seating in Washington.

Space SizeContact for details
Property Size1,516 SF
Days on Market25

Property Features for 305 Peoria Street

General Information

Standard status Active
Size 1,516 SF
Zoning Commercial

Taxes and HOA fees

Annual Taxes $8,368

Building Details

Building Size 1,516 SF
Year Built 2004
Listing Agency: eXp Realty
Listed By: Jill Barclay
Source: Shawneehillsrealestate
Added: Jul 28 Changed: Aug 21 Last Checked: Aug 21 at 7:11AM

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 eXp Realty

Investment Insights

Based on property information with market context.

Freestanding restaurant property at 305 Peoria Street in Washington, Illinois, offering 1,516 square feet in a layout designed specifically for food-service operations. Built in 2004, the building includes an outdoor patio and is situated across two parcels. Dedicated on-site parking supports customer access, while the existing restaurant configuration can accommodate a new dining concept without requiring a ground-up buildout.

The property carries Commercial zoning and provides a standalone setting for an operator seeking an established restaurant facility. Its Washington location, freestanding format, parking area, and patio create a practical foundation for continued restaurant use.

Key Highlights

  • 1,516‑square‑foot freestanding restaurant building
  • Purpose‑built restaurant facility constructed in 2004
  • Outdoor patio seating included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Bakery (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Purpose-built dining property with dedicated parking and outdoor seating in Washington.
Where is this conventional restaurant located?
The property is located at 305 Peoria Street Washington, IL.
What are key features of this property?
This property features: 1,516‑square‑foot freestanding restaurant building; Purpose‑built restaurant facility constructed in 2004; Outdoor patio seating included
More about this property
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