1109-1111 Sunset Dr East Peoria, IL null
This exceptional East Peoria, IL property offers 26.8 acres of commercial land, including a 4,839 sq ft building constructed in 2019. The property boasts stunning river views and water frontage, featuring a restaurant and bar. Additional amenities include a large patio area, an oversized hot tub, and a 7,500 sq ft barn, perfect for versatile use. A sandy beach and boat ramp provide recreational opportunities. The property's mixed-use potential, combined with its prime location and impressive features, presents a unique investment opportunity. The existing building offers substantial square footage, ideal for a variety of commercial ventures. The expansive lot size allows for significant future development or expansion. The combination of commercial space, recreational amenities, and waterfront access creates a truly exceptional offering. This property is ready for immediate use and offers significant upside potential for future growth. The asking price is $2,500,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.