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Remodeled Full-Service Restaurant
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5805 N Knoxville Avenue, Peoria, IL 61614

Remodeled hospitality operation with dining, bar, market, café, catering, and outdoor service components.

Property Size6,779 SF
Days on Market272

Property Features for 5805 N Knoxville Avenue

General Information

Standard status Active
Size 6,779 SF
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $16,528

Building Details

Building Size 6,779 SF
Stories 2
Listing Agency: BHHS Central Illinois, REALTORS
Listed By: Brandon Shaffer · License #471019606
Source: Exit2newbeginningz
Added: Dec 1, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:34PM

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 BHHS Central Illinois, REALTORS

Investment Insights

Based on property information with market context.

This conventional restaurant business occupies approximately 6,779 square feet of finished space on roughly 29,620 square feet of property. The facility has been completely remodeled and includes full-service dining, a bar, outdoor dining, and a separate café and market entrance. The additional entrance supports breakfast, coffee, baked goods, deli items, and prepared meals.

The operation also includes take-away service, catering, and large-group and corporate capabilities. Parking accommodates 100+ vehicles, supporting regular activity and special events. Fixtures, inventory, supplies, recipes, and furniture remain with the business. A pre-negotiated long-term lease includes options secured through 2038. The property is situated within a Peoria park near families, walkers, outdoor enthusiasts, and community activities.

Key Highlights

  • Approximately 6,779 sq ft of finished restaurant space
  • Roughly 29,620 sq ft of property
  • Parking for 100+ vehicles

Property Analytics

Current Use

Donovan Park Park Northmoor Observatory Observatory Cyd’s in the Park Restaurant Prairie Establishment Exhibit

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant Auto Parts Store Law Firm

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

849
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Sweet Cece's Dining
2,537 visits/mo 0.4 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Remodeled hospitality operation with dining, bar, market, café, catering, and outdoor service components.
Where is this conventional restaurant located?
The property is located at 5805 N Knoxville Avenue Peoria, IL.
What are key features of this property?
This property features: Approximately 6,779 sq ft of finished restaurant space; Roughly 29,620 sq ft of property; Parking for 100+ vehicles
More about this property
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