Restaurant Event Venue with
For Sale
$395,000
353 Court Street, Pekin, IL 61554
Updated restaurant/event venue includes a rear-door carry-out area, independent access to upper floors, and new major mechanicals.
Property SizeContact for details
Days on Market35
Property Features for 353 Court Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$7,238
Building Details
Year Built
1910
Listing Agency:
The Real Estate Group Inc
Listed By:
Darcy Lawson ([email protected])
Source:
Curveyrealestate
Added: Jul 8
Changed: Aug 8
Last Checked: Aug 10 at 5:59AM
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 The Real Estate Group Inc
Investment Insights
Based on property information with market context.
This property presents an exceptional restaurant or event venue opportunity with room to grow. Recent updates include a new roof, HVAC, and a full fire-suppression sprinkler system, supporting continued commercial use. A convenient rear-door carry-out area connects directly to 24/7 public parking, designed for efficient high-volume service.
In addition to the carry-out connection, there is a separate outside entrance providing independent access to the second and third floors. The upper levels offer valuable space for future development, which may support additional apartments, offices, or other expanded commercial use, subject to applicable requirements.
Located in a TIF district, the building is configured to support both day-to-day operations at the primary level and potential growth through the separate access and additional floor area.
In addition to the carry-out connection, there is a separate outside entrance providing independent access to the second and third floors. The upper levels offer valuable space for future development, which may support additional apartments, offices, or other expanded commercial use, subject to applicable requirements.
Located in a TIF district, the building is configured to support both day-to-day operations at the primary level and potential growth through the separate access and additional floor area.
Key Highlights
- Updated restaurant/event venue with new roof, HVAC, and full fire‑suppression sprinkler system
- Rear‑door carry‑out area connects directly to 24/7 public parking for convenient high‑volume service
- Separate outside entrance provides independent access to the second and third floors
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 30%
Electronics 3%
Home Improvements & Furnishings 1%
Taco Bell
Dining
18,525 visits/mo
0.2 miles
Casey's
Shops & Services
15,798 visits/mo
0.0 miles
Dunkin' Donuts
Dining
10,743 visits/mo
0.2 miles
Panda Express
Dining
7,142 visits/mo
0.2 miles
Godfather's Pizza
Dining
3,633 visits/mo
0.2 miles
Demographics for 61554, IL
40,854
Population
18,788
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
73.8 sq mi
ZIP Area
554
Density / Sq Mi
$62,484
Median Household Income
$41,718
Median Earnings
$814
Median Rent
$123,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Fast Dragon Buffet — 321 Court St, Pekin, IL 61554
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Updated restaurant/event venue includes a rear-door carry-out area, independent access to upper floors, and new major mechanicals.
Where is this conventional restaurant located?
The property is located at 353 Court Street Pekin, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Updated restaurant/event venue with new roof, HVAC, and full fire‑suppression sprinkler system; Rear‑door carry‑out area connects directly to 24/7 public parking for convenient high‑volume service; Separate outside entrance provides independent access to the second and third floors
