Tazewell County, IL Restaurants for Sale

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Updated: Jul 10

Bar, Restaurant & Concert Venue

251 Derby Street, Pekin, IL 61554

$299,000

2,640 sqft

Bar, restaurant, and concert venue in Pekin includes a full kitchen, gaming area, and state‑of‑the‑art concert stage/equipment
Re‑opened business offered for sale with all furniture, fixtures, and equipment included
Corporation sale includes active liquor and gaming licenses for this location
Building has had many updates and a recent interior renovation
Outdoor patio space plus ample parking

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This listing looks promising.

Here's a quick look at some key insights for

251 Derby Street, Pekin, IL, IL 61554

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Est. Cap Rate

5.7%
NOI ÷ price
Est. NOI

$17K
Annual
Mortgage

$280K
Jul 2019
Property Type

Bar, Tavern
Built 1953

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Updated: Nov 25, 2025

Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000

0.11 AC lot

Eight‑year lease with Tangled Roots beginning April 20, 2025
Five‑year renewal option included in the lease
First‑floor restaurant, second‑floor brew pub, and rooftop bar
Four residential units configured for short‑term rentals
Brick building constructed in 1917

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Turnkey Restaurant with Kitchen Equipment

301 E MAIN Street, South Pekin, IL 61564

$39,900

0.19 AC lot

Turnkey restaurant with central air, forced-air natural gas heat, and a complete commercial kitchen package on a 0.19-acre lot.

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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 and long-term NNN ground lease with approximately 10 years remaining.

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Freestanding Restaurant and Brewery

230 Conference Center Drive, East Peoria, IL 61611

$3,500,000

9,135 sqft

Custom-built restaurant with an open-view brewery tank area, open-view kitchen, mezzanine, and outdoor river-view seating.

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Former Restaurant with Equipment

127 E Ashland St, Morton, IL 61550

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5,091 sqft

Former restaurant offers two dining rooms, a large bar area, and remaining kitchen refrigeration and equipment.

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Drive-Thru Restaurant Building

245 FARMDALE RD, East Peoria, IL 61611

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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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Restaurant Building with Equipment

318 Locust St, Delavan, IL 61734

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1,200 sqft

Restaurant-ready building includes a hood, three-comp sink, grease trap, and related kitchen fixtures.

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Free-Standing Drive-Thru Restaurant

1106 Peoria St, Washington, IL 61571

$1,200,000

Formerly a quick-service restaurant, the free-standing building is fully built out with a drive-thru on Peoria Street.

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Restaurant Event Venue with Growth

353 Court Street, Pekin, IL 61554

$395,000

Updated restaurant/event venue includes a rear-door carry-out area, independent access to upper floors, and new major mechanicals.

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Two-Unit Commercial Bar and Retail

2601 S 14th Street, Pekin, IL 61554

$395,000

Updated two-unit building includes a turn-key golf simulator lounge and a leased convenience and liquor store unit.

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Drive-Thru Restaurant Opportunity

151 E Ashland St, Morton, IL 61550

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Restaurant for sale in Morton, IL with sit-down, drive-thru, and front window service.

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Warehouse with Restaurant Build-Out

219 N Capitol St, Pekin, IL 61554

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Warehouse space includes multiple overhead doors, fire suppression, and a built-out bar and restaurant area with stage and hood.

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Drive-Through Restaurant Building

807 W Main St, South Pekin, IL 61564

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Former Subway drive-through restaurant includes walk-in refrigerator and freezer with complete kitchen buildout and concrete parking.

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Former Applebee's Restaurant

900 Riverside Dr, East Peoria, IL 61611

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

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Renovated Restaurant Business

1909 S Main St, Morton, IL 61550

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Fully renovated inside and out restaurant business includes fixtures, equipment, and menu, with outdoor dining patio seating.

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Turnkey Pizza and Ice Cream Restaurant

1606 TREMONT Street, Spring Bay, IL 61611

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830 sqft

Turnkey pizza and ice cream restaurant with high visibility.

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Former Bar Restaurant

2480 Washington, Washington, IL 61611

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For sale former bar property being offered as the owner retires.

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Turnkey Restaurant Opportunity For Sale

107 W MAIN Street, Green Valley, IL 61534

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408 sqft

Established restaurant with loyal customer base and all equipment included.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Tazewell County, IL, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

Off-Market Properties in Tazewell County, IL

Consider similar Off-Market properties in Tazewell County, 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.

RESTAURANT

108 Stringtown Rd, Minier, IL 61759

$260,000

Estimated value

7,560 sqft 1.41 AC lot

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RESTAURANT

3440 Ct St, Pekin, IL 61554-6235

$340,000

Estimated value

3,858 sqft 0.99 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

245 Farmdale Rd, East Peoria, IL 61611-3088

$235,000

Estimated value

1,500 sqft 1.06 AC lot

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RESTAURANT

2437 Washington Rd, Washington, IL 61571-1762

$80,000

Estimated value

2,496 sqft 0.86 AC lot

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RESTAURANT

2800 Ct St, Pekin, IL 61554-6228

$150,000

Estimated value

1,450 sqft 0.37 AC lot

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Tazewell County, IL Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Tazewell County, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 21,314 square feet of properties for sale, with an estimated market value of $12,812,233.

Sale prices for restaurant properties in Tazewell County, IL start at $39,900, averaging $1,601,529, and reaching up to $4,900,000 — 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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