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sales rep | Brivity IDX

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5805 N Knoxville Ave , Peoria, IL 61614
$1,600,000
Est. Payment: $8,584.75/mo
6779 Sqft
0.68 Acres
Status: active | Days on site: 146
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House Description

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.

Highlights

Listed by Brandon Shaffer , 309-363-5393 and Garrett VonDerHeide , (309) 613-3543 BHHS Central Illinois, REALTORS , Midwest Real Estate Data mls logo

Property Type

Business Opportunity

Lot/Acreage
0.68

County

Peoria

Area

Peoria

Listing ID

12510880

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:155x185x182x167
Zoning:OTHER
Parking Features:Over 100 Spaces
Principal Interest
$8,585
Taxes
$1,377

Home Price

$1,600,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,584.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,584.75 $1,377.33 $0.00 $9,962.09
Yearly $103,017.05 $16,528.00 $0.00 $119,545.05
Total $3,090,511.47 $495,840.00 $0.00 $3,586,351.47
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Peoria, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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