Skip to main content

Active - Other for sale

Peoria, IL

Facts & features

Other Property type
349 days on Beycome
29,620 sqft Lot size

Why you’ll love it

  • Renovated
  • Outdoor dining
  • Ample parking

A rare opportunity to acquire a long-established, multi-revenue hospitality business located in one of Peoria's most desirable park settings. This turnkey operation offers full-service dining, a popular bar component, a thriving take-away market, and a highly sought-after outdoor dining experience. The building includes approximately 6,779 sq/ft of finished space and sits on roughly 29,620 sq/ft of property, providing excellent flow for customers, staff, and operations. The business features multiple income streams including dine-in service, bar sales, grab-and-go market offerings, and established catering and large group/corporate capabilities. A separate cafe/market entrance allows for breakfast service, coffee, baked goods, deli items, and prepared meals. The property offers parking for 100+ vehicles, making it ideal for high-volume traffic and special events. The entire facility has been completely remodeled and updated, creating a modern, efficient, and visually appealing environment. All fixtures, inventory, supplies, recipes, and furniture remain, allowing a new owner to step into a fully operational, well-equipped business on day one. A pre-negotiated long-term lease is already in place at a fantastic rate, with options secured through 2038, providing stability and predictable overhead for many years to come. Located within a well-traveled Peoria park, the business benefits from consistent foot traffic from families, walkers, outdoor enthusiasts, and visitors attending community activities. The setting offers a unique customer experience not found in traditional commercial corridors. Ideal for an owner-operator or hospitality entrepreneur seeking diversified revenue and strong community recognition.

Translating description...

Listings courtesy of BHHS Central Illinois, REALTORS as distributed by MLS GRID.

Listed by: Edwin Neaves • BHHS Central Illinois, REALTORS

Co-listed by: BHHS Central Illinois, REALTORS

Source: MRED as distributed by MLS GRID, MLS#: 12510880 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 8:07 PM EST.

Come see by yourself

Affordability

$1,040,000$2,160,000
1%20%
0%90%
Discover how to buy smarter Book a call with our buying expert
Estimated monthly payment

$9,468/mo

  • Mortgage$8,090
  • Property tax$1,377
  • HOA fee
  • Homeowners insurance
Due at closing$1,272,000
Down payment held in escrow$320,000
Closing costs$24,000
beycome credit Est.$32,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Save Credit back

Make a winning offer, and get up to

$32,000 Credit back

Start an offer

Discover the neighborhood

Travel times

About Peoria

Loading area overview…

This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 08:07pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,600,000 Listed price

Make a winning offer, and get up to

$32,000 Credit back

Make an offer