Peoria, IL Restaurants for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL

10 properties

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Updated: Jun 27, 2024

Industrial, Retail

2210 NE JEFFERSON Avenue, Peoria, IL 61603

$795,000

4,712 sqft

High traffic location with entrance/exit on both Rt 24 and Rt 29.
Two separate buildings included: 3360 sq ft corner building and 1352 sq ft former restaurant building.
Ample parking.
Located within an Enterprise zone.
Located near downtown Peoria.

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This listing looks promising.

Here's a quick look at some key insights for

2210 NE JEFFERSON Avenue, Peoria, IL 61603

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$56K
Annual
Mortgage

$25K
Recorded

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Updated: Mar 5

Gutted Restaurant Building and Land

1321 N PARK Road, Peoria, IL 61604

$299,000

2.13 AC lot

6,676 SF interior has been completely gutted for a clean slate for a new concept
2.19‑acre lot with dedicated parking spaces
Landmark property formerly known as Sky Harbor, located directly across from Bradley Park
Construction includes brick, block, and ornamental block; flooring is concrete
Utilities/services include public sewer; heating is natural gas forced air and cooling is central air

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Mixed-Use Commercial Strip Center

4325 N Sheridan Road, Peoria, IL 61614

$870,344

13,978 sqft

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

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Restaurant and Coffee Shop Property

3624 N University St, Peoria, IL 61604

$3,084,000

1,268 sqft

Commercial property offered for coffee shop and restaurant use, sized to support a dedicated food-and-beverage tenant.

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Turnkey QSR Restaurant with Drive-Thru

1017 W Main St, Peoria, IL 61606

$425,000

3,380 sqft

Freestanding turnkey restaurant with a wrap-around drive-thru, full commercial kitchen support, and ADA-compliant facilities.

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Peoria Retail Center For Sale

4410 N Knoxville Ave, Peoria, IL 61614

$2,825,000

46,620 sqft

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

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Retail and Warehouse Building For Sale

1221 South Laramie Street, Peoria, IL 61605

$275,000

7,400 sqft

7,400 SF multi-tenant property with restaurant and warehouse space.

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Former Gas Station Opportunity

10411 GALENA Road, Peoria, IL 61615

$179,900

Former gas station with high traffic, tanks removed.

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Prime Redevelopment Opportunity on Main

514 W MAIN Street, Peoria, IL 61606

$999,000

31,333 sqft · 1.65 AC lot

1.65 acres on Main St, ideal for redevelopment.

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Historic Peoria Bar For Sale

1923 SW ADAMS Street, Peoria, IL 61602

$125,000

1,863 sqft

Turn-key neighborhood bar with rich history and excellent cashflow.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 10 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Tangled Roots Investment Opportunity

140 Washington Square, Washington, IL 61571

$4,900,000

0.11 AC lot

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

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Remodeled Mixed-Use Building in Canton

154 E Elm Street, Canton, IL 61520

$149,900

3,360 sqft

Recently remodeled mixed-use building with restaurant and apartment.

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Established Restaurant Business For Sale

1112 E CHESTNUT Street, Canton, IL 61520

$225,000

Turnkey restaurant with equipment, fixtures, and furnishings included.

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Commercial Land For Sale

701 N CUMMINGS Lane, Washington, IL 61571

$225,000

1.45 AC lot

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

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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 For Sale

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

$75,000

0.80 AC lot

Commercial land available in Peoria, Illinois.

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Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000

0.80 AC lot

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

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Commercial Lot in Peoria, IL

W ALTA Road, Peoria, IL 61615

$499,900

1.29 AC lot

1.29 acre commercial lot available for sale in Peoria.

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4.26 Acres Zoned C-2

Legion Road, Washington, IL 61571

$650,000

4.26 AC lot

Flat, developable land in Washington, IL, near Route 8.

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Off-Market Properties in Peoria, IL

Consider similar Off-Market properties in 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.

Lifestyle centers

10405 Centerway Dr, Peoria, IL 61615

Value Estimation by Request

2,127 sqft

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Restaurants

0 Grand Prairie Dr, Peoria, IL 61615

Value Estimation by Request

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Restaurants

0 American Prairie Dr, Peoria, IL 61615

Value Estimation by Request

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Restaurants

0 American Prairie Dr, Peoria, IL 61615

Value Estimation by Request

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Restaurants

6001 Knoxville Ave, Peoria, IL 61614

Value Estimation by Request

5,506 sqft

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Restaurants

0 American Prairie Dr, Peoria, IL 61615

Value Estimation by Request

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Restaurants

2010 Knoxville Ave, Peoria, IL 61603

Value Estimation by Request

24,000 sqft

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Restaurants

0 Orange Prairie Rd, Peoria, IL 61615

Value Estimation by Request

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Lifestyle centers

0 Orange Prairie Rd, Peoria, IL 61615

Value Estimation by Request

6.34 AC lot

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Neighborhood centers

91 & War Memorial Dr, Peoria, IL 61615

Value Estimation by Request

468,520 sqft

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Restaurants

630 Main St, Peoria, IL 61606

Value Estimation by Request

1,840 sqft · 0.04 AC lot

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Peoria, IL Restaurants Market Trends and Statistics

Explore 21 restaurants for sale in Peoria, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 110,554 square feet of properties for sale, with an estimated market value of $9,398,344.

Sale prices for restaurant properties in Peoria, IL start at $125,000, averaging $1,174,793, and reaching up to $3,084,000 — 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

Demographics Overview

Population 161K

Population Growth (5Y) -4.8%

Median Household Income $60,369

College Educated 13.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
61615	$179.9K
61605	$275K
61606	$712K
61603	$795K
61614	$1.5M

Taxes & Financing

Tax Rate (average for all types) 9.17%

Property Tax per SF $24.08 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

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Peoria, IL Restaurants for Sale

2210 NE JEFFERSON Avenue, Peoria, IL 61603

1321 N PARK Road, Peoria, IL 61604

4325 N Sheridan Road, Peoria, IL 61614

3624 N University St, Peoria, IL 61604

1017 W Main St, Peoria, IL 61606

4410 N Knoxville Ave, Peoria, IL 61614

1221 South Laramie Street, Peoria, IL 61605

10411 GALENA Road, Peoria, IL 61615

514 W MAIN Street, Peoria, IL 61606

1923 SW ADAMS Street, Peoria, IL 61602

Opportunities in Nearby Cities

140 Washington Square, Washington, IL 61571

154 E Elm Street, Canton, IL 61520

1112 E CHESTNUT Street, Canton, IL 61520

701 N CUMMINGS Lane, Washington, IL 61571

Potential Development Sites for Consideration

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

1105 W Glen Ave, Peoria, IL 61614

W ALTA Road, Peoria, IL 61615

Legion Road, Washington, IL 61571

Off-Market Properties in Peoria, IL

10405 Centerway Dr, Peoria, IL 61615

0 Grand Prairie Dr, Peoria, IL 61615

0 American Prairie Dr, Peoria, IL 61615

0 American Prairie Dr, Peoria, IL 61615

6001 Knoxville Ave, Peoria, IL 61614

0 American Prairie Dr, Peoria, IL 61615

2010 Knoxville Ave, Peoria, IL 61603

0 Orange Prairie Rd, Peoria, IL 61615

0 Orange Prairie Rd, Peoria, IL 61615

91 & War Memorial Dr, Peoria, IL 61615

630 Main St, Peoria, IL 61606

Peoria, IL Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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