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    Peoria Heights, IL
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    Peoria Heights, IL Restaurants for Sale

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    Peoria, IL Bartonville, IL East Peoria, IL
    Turn-Key Restaurant/Bar For Sale
    $775,000
    5,079 SF
    Turn-Key Restaurant/Bar For Sale

    4319 N Prospect, Peoria Heights, IL

    Turn-key restaurant/bar with patio and ample parking for sale.
    • Turn‑key restaurant/bar ready for immediate operation.
    • Large side patio significantly expands seating capacity.
    • Seating for ±150 in dining room and bar.
    • Fully equipped kitchen with Vulcan convection oven and walk‑in cooler/freezer.
    • Walk‑in beer cooler directly attached to the bar.
    Updated: Nov 27, 2025
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    Cigar Lounge Restaurant
    $450,000
    Cigar Lounge Restaurant

    3901 N PROSPECT Road, Peoria Heights, IL 61616

    Fully furnished cigar lounge with seating areas, TVs, and a ventilated smoking environment in a B2 commercial setting.
    • Ash Cigar Lounge in Peoria Heights—an established cigar lounge concept with a loyal customer base
    • Fully furnished interior and included premium cigar inventory and humidors
    • Natural gas heating with central air cooling
    • Flooring includes tile, carpet, and wood
    • Vinyl siding and frame construction with a composition roof
    Updated: Oct 24, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Commercial Strip Center
    $1,074,455
    13,978 SF
    Mixed-Use Commercial Strip Center

    Mixed-use commercial strip center with 11 units in Peoria, IL.

    4325 N Sheridan Road, Peoria, IL 61614

    View details
    Tangled Roots Investment Opportunity
    $4,900,000
    0.11 Acres
    Tangled Roots Investment Opportunity

    Multifaceted hub with restaurant, brew pub, and Airbnb units.

    140 Washington Square, Washington, IL 61571

    View details
    Peoria Retail Center For Sale
    $3,100,000
    46,620 SF
    Peoria Retail Center For Sale

    46,620 SF retail center with value-add potential in Peoria, IL.

    4410 N Knoxville Ave, Peoria, IL 61614

    View details
    Commercial Land For Sale
    $225,000
    1.45 Acres
    Commercial Land For Sale

    Commercial land suitable for strip mall, restaurant, or businesses.

    701 N CUMMINGS Lane, Washington, IL 61571

    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.

    Glen Avenue Commercial Development Opportunity
    $275,000
    0.80 Acres
    Glen Avenue Commercial Development Opportunity

    Prime commercial land for development in Peoria's retail corridor.

    1105 W Glen Ave, Peoria, IL 61614

    View details
    Commercial Land For Sale
    $75,000
    0.80 Acres
    Commercial Land For Sale

    Commercial land available in Peoria, Illinois.

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

    View details
    Commercial Lot Ready to Develop
    $198,634
    1.14 Acres
    Commercial Lot Ready to Develop

    1.14 acre commercial lot for sale, zoned B-1.

    Eastgate Drive, Washington, IL 61571

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    Commercial Land For Sale
    $163,785
    0.94 Acres
    Commercial Land For Sale

    0.94 acres of B-2 zoned land ready for development.

    Eastgate Drive, Washington, IL 61571

    View details

    Peoria Heights, IL Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 5,079 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for restaurant properties in Peoria Heights, IL start at $775,000, averaging $775,000, and reaching up to $775,000 — 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

    Bars & Pubs 2
    Turn key restaurants 1

    Demographics Overview

    Population 5,834
    Population Growth (5Y) -1.3%
    Median Household Income $62,083
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61616 $450K

    Taxes & Financing

    Tax Rate (average for all types) 8.92%
    Property Tax per SF $2.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

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