Exceptional opportunity to acquire a thriving restaurant in East Peoria, Illinois. This Class A, 6,932 square foot freestanding building, constructed in 2005, is situated in a bustling shopping center just off I-74, boasting high visibility and accessibility. Anchored by Bass Pro Shops and Walmart, the center also includes Chili's, Texas Road House, Lowe's, Target, Costco, and a Holiday Inn, ensuring consistent high foot traffic. The property sits on a 1.18-acre lot with 200 feet of frontage and ample parking (95 spaces). Currently operating as a Mexican restaurant with a liquor license (available for sale separately), the business includes all furniture, fixtures, and equipment (FF&E). The spacious interior currently seats 82, with potential for expansion to 120. The fully equipped kitchen features fryers, grills, a flat top, stove, walk-in cooler and freezer, beer cooler/storage, POS systems, and extensive prep areas. The property is zoned B-3/C-1 and offers a single tenancy. This turnkey operation presents a unique investment opportunity for owner-users, with the potential for continued success in a prime location. The asking price is $1,250,000, with a price per square foot of $180. The property is 100% occupied.
Highlights
$1,250,000 asking price for a turnkey restaurant business in East Peoria, IL.
6,932 square foot, Class A restaurant building on a 1.18-acre lot with 95 parking spaces.
Located in a high-traffic shopping center near I-74, anchored by Bass Pro Shops and Walmart, with nearby national retailers.
Includes all furniture, fixtures, and equipment (FF&E); existing restaurant business and liquor license available for sale.
Currently 100% occupied with seating for 82, expandable to 120; lease option available.
Retail property - Turnkey Restaurant, High Traffic Location
Where is the retail property located?
The property is located at 900 Riverside Dr East Peoria, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: $1,250,000 asking price for a turnkey restaurant business in East Peoria, IL.; 6,932 square foot, Class A restaurant building on a 1.18-acre lot with 95 parking spaces.; Located in a high-traffic shopping center near I-74, anchored by Bass Pro Shops and Walmart, with nearby national retailers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Jessica Ball
Justin Ball
Michael Kolbus
Mike O'Bryan
Visit Broker Website
Learn more
Useful Information
Request information
Riverside Dr East Peoria, IL 61611
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Riverside Dr East Peoria, IL 61611
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
900 Riverside Dr
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.