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    East Peoria, IL
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    East Peoria, IL Restaurants for Sale

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    Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Spring Bay, IL Washington, IL Pekin, IL
    Freestanding Restaurant and Brewery
    Updated: Jul 14
    Freestanding Restaurant and Brewery

    230 Conference Center Drive, East Peoria, IL 61611

    $3,500,000
    9,135 sqft
    9,135 SF custom‑built, free‑standing restaurant originally Granite City Food & Brewery (built in 2007)
    Open‑view brewery tank area plus open‑view kitchen
    510 SF mezzanine above the brewery equipment
    1,850 SF outdoor river‑view seating area
    Ample on‑site surface parking (parking ratio: 8.76 per 1,000 SF)
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    This listing looks promising.

    Here's a quick look at some key insights for

    230 Conference Center Drive, East Peoria, IL, IL 61611

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $110K
      Annual

    • Price @ 7% Cap

      $1.56M
      Suggested

    • Last Sold

      May 2015
      $6.44M

    • Property Type

      Restaurant
      Built 2007
    View Property Analytics
    Drive-Through Coffee Shop with NNN Lease
    Updated: Jun 11
    Drive-Through Coffee Shop with NNN Lease

    111 West Washington Street, East Peoria, IL 61611

    $2,083,333
    510 sqft 1.16 AC lot
    Brand‑new 7 Brew Coffee with a drive‑thru along West Washington Street in East Peoria, Illinois
    Long‑term NNN ground lease with approximately 10 years remaining
    About 10% scheduled rent increases every five years
    NNN structure described as zero landlord responsibilities for a more passive ownership experience
    Lease term supported by Brew Horizons LLC, an experienced 7 Brew franchisee operating 37+ locations
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    Drive-Thru Restaurant Building
    Drive-Thru Restaurant Building

    245 FARMDALE RD, East Peoria, IL 61611

    Contact for pricing
    1,500 sqft 1.06 AC lot

    Former QSR drive-thru building on a 1.06-acre lot with ample parking and strong visibility.

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    Former Applebee's Restaurant
    Former Applebee's Restaurant

    900 Riverside Dr, East Peoria, IL 61611

    Contact for pricing

    Former Applebee's restaurant on a dense retail corridor directly off Interstate 74 with major retailers nearby.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 4 Active listings in East Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Stone Restaurant Building
    Historic Stone Restaurant Building

    321 NE MADISON AVE, Peoria, IL 61603

    Contact for pricing
    10,800 sqft

    Historic stone restaurant building renovated in 2016, with a full commercial kitchen, multiple bars, and 150+ guest seating on the lower level.

    View details
    Drive-Through Restaurant for Sale
    Drive-Through Restaurant for Sale

    2600 SW Jefferson, Peoria, IL 61605

    Contact for pricing

    Ernie's Drive-in is offered for sale with approximately $250K per year in sales.

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    Restaurant Building with Turn-Key Kitchen
    Restaurant Building with Turn-Key Kitchen

    211 NE Adams St, Peoria, IL 61602

    Contact for pricing

    Historic downtown restaurant building with a finished basement kitchen and large banquet-style rooms on the main floors.

    View details
    Prime Redevelopment Opportunity on Main
    Prime Redevelopment Opportunity on Main

    514 W MAIN Street, Peoria, IL 61606

    Contact for pricing
    31,333 sqft 1.65 AC lot

    1.65 acres on Main St, ideal for redevelopment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Site
    Commercial Land Development Site

    1003-07-13 NORTH Street, Peoria, IL 61604

    $75,000
    0.80 AC lot

    Commercial-zoned land near Peoria with public water and natural gas available for development planning.

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    B-3 Commercial Land
    B-3 Commercial Land

    150 W COURTLAND Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    Level commercial land with B-3 zoning and public sewer service.

    View details
    Commercial Land Near Lakewood Park
    Commercial Land Near Lakewood Park

    121 W ASHLAND Street, Morton, IL 61550

    $299,900
    1.00 AC lot

    B3-zoned commercial parcel with public sewer near Lakewood Park and established commercial businesses.

    View details
    Retail Space for Sale
    Retail Space for Sale

    1300 WASHINGTON Street, Washington, IL 61571

    $850,000
    1.50 AC lot

    Retail space offered for sale with commercial zoning at 1300 Washington Street in Washington, Illinois.

    View details

    Off-Market Properties in East Peoria, IL

    Consider similar Off-Market properties in East Peoria, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    245 Farmdale Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    245 Farmdale Rd, East Peoria, IL 61611-3088

    $235,000
    Estimated value
    1,500 sqft 1.06 AC lot
    View details
    1508 Mdw Ave
    RESTAURANT

    1508 Mdw Ave, East Peoria, IL 61611-3014

    $230,000
    Estimated value
    2,280 sqft 0.69 AC lot
    View details
    140 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD

    140 Main St, East Peoria, IL 61611-2542

    $1,925,000
    Estimated value
    0.73 AC lot
    View details
    709 Cp St
    BAR, TAVERN

    709 Cp St, East Peoria, IL 61611-2646

    $70,000
    Estimated value
    1,572 sqft 0.20 AC lot
    View details
    800 Mdw Ave
    RESTAURANT

    800 Mdw Ave, East Peoria, IL 61611-3142

    $50,000
    Estimated value
    2,015 sqft 0.41 AC lot
    View details
    212 Veterans Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    212 Veterans Dr, East Peoria, IL 61611-2711

    $700,000
    Estimated value
    1.06 AC lot
    View details
    310 Mdw Ave
    BAR, TAVERN

    310 Mdw Ave, East Peoria, IL 61611-2808

    $100,000
    Estimated value
    1,908 sqft 0.28 AC lot
    View details
    3821 Washington St
    RESTAURANT

    3821 Washington St, East Peoria, IL 61611-1930

    $170,000
    Estimated value
    2,345 sqft 0.22 AC lot
    View details
    900 Riverside Dr
    RESTAURANT

    900 Riverside Dr, East Peoria, IL 61611-7206

    $650,000
    Estimated value
    6,932 sqft 1.18 AC lot
    View details
    201 Riv Rd, Unit 205
    RESTAURANT

    201 Riv Rd, East Peoria, IL 61611-2009

    Unit 205
    $1,285,000
    Estimated value
    6,409 sqft 1.21 AC lot
    View details
    101 Pekin Ave, Unit 103
    DRIVE-THRU RESTAURANT, FAST FOOD

    101 Pekin Ave, East Peoria, IL 61611-7404

    Unit 103
    $990,000
    Estimated value
    2,592 sqft 0.15 AC lot
    View details
    3625 Washington St
    RESTAURANT

    3625 Washington St, East Peoria, IL 61611-1925

    $240,000
    Estimated value
    0.16 AC lot
    View details
    124 Spinder Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    124 Spinder Dr, East Peoria, IL 61611-1106

    $3,410,000
    Estimated value
    8,928 sqft 1.45 AC lot
    View details
    105 Sanford St
    BAR, TAVERN

    105 Sanford St, East Peoria, IL 61611-2348

    $65,000
    Estimated value
    2,160 sqft 0.12 AC lot
    View details
    600 Riverside Dr
    RESTAURANT

    600 Riverside Dr, East Peoria, IL 61611-2084

    $2,780,000
    Estimated value
    7,295 sqft 1.60 AC lot
    View details
    1011 Washington St
    RESTAURANT

    1011 Washington St, East Peoria, IL 61611-2729

    $180,000
    Estimated value
    8,978 sqft 1.30 AC lot
    View details
    131 Washington St
    RESTAURANT

    131 Washington St, East Peoria, IL 61611-2527

    $60,000
    Estimated value
    3,360 sqft 0.07 AC lot
    View details
    496 Washington St
    DRIVE-THRU RESTAURANT, FAST FOOD

    496 Washington St, East Peoria, IL 61611-2445

    $3,130,000
    Estimated value
    4,404 sqft 0.80 AC lot
    View details
    808 Mdw Ave
    BAR, TAVERN

    808 Mdw Ave, East Peoria, IL 61611-2925

    $145,000
    Estimated value
    3,060 sqft 0.69 AC lot
    View details
    703 Mariners Way
    RESTAURANT

    703 Mariners Way, East Peoria, IL 61611-1592

    $740,000
    Estimated value
    5,466 sqft 0.32 AC lot
    View details

    East Peoria, IL Restaurants Market Trends and Statistics

    Explore 57 restaurants for sale in East Peoria, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,145 square feet of properties for sale, with an estimated market value of $5,583,333.

    Sale prices for restaurant properties in East Peoria, IL start at $2,083,333, averaging $2,791,666, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 3
    Drive through restaurants 2
    Coffee shops 1
    Pubs 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) -4.7%
    Median Household Income $76,329
    College Educated 11.4%

    High-Yield Neighborhoods for Investment

    Identify East Peoria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61611 $2.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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