1440 8Th StPekin, IL 61554

For Sale
$119,900
High-traffic corner lot, fully equipped restaurant.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional commercial property at 1440 N 8th Street, Pekin, IL 61554, presents a rare investment opportunity. The 1948-built building sits on a high-visibility corner lot, offering extensive parking. Currently configured as a restaurant, its versatile layout lends itself to a variety of business uses. The sale includes all existing furniture, fixtures, and equipment (FF&E), a significant asset for a new owner. This comprehensive inventory includes sixteen 4-person booths, twelve 4-person tables, forty-three dining chairs, two high-top tables with twenty stools, four flat-screen TVs, high chairs, a complete bar setup, and a fully equipped kitchen. Kitchen equipment features an oven, dryer, warmer, flat-top grill, free-standing coolers, a walk-in cooler, and multi-compartment sinks. The property also offers potential for living quarters above the restaurant space, adding further value and flexibility. This prime location in Tazewell County offers high traffic and visibility, making it an ideal investment for a discerning buyer seeking a turnkey operation or a blank canvas for a new venture. The asking price is $119,900.

Property Details for 1440 8Th St

Property type
Retail properties, Restaurants
Year Built
1948

Location Insight

City
Pekin
County
Tazewell
State
Illinois
Latitude
40.5805999
Longitude
-89.6408215
1440 8Th St, Pekin, Illinois

FAQs

What type of property is this?
Retail property - High-traffic corner lot, fully equipped restaurant.
Where is the retail property located?
The property is located at 1440 8Th St Pekin, IL.
What is the asking price?
The asking price for this property is $119,900.
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.
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1440 8Th St
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