Skip To Content

5805 N Knoxville Avenue

Peoria, IL 61614
  • $1,600,000
  • STATUS: Active
  • MLS #: 12510880
UPDATED: 110 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator




© 2026 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-05T10:59:34.333 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.anirealestate.com/homes/170991510
Print Image

5805 N Knoxville Avenue Peoria, IL 61614

  • Price: $1,600,000
  • Status: Active
  • On Site: Days
  • Updated: 110 min ago
  • MLS #: 12510880
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Peoria
County:
Peoria
Area:
Peoria
Property 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.
Exterior Features

Outdoor Parking Over 100 Spaces Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Accessible EntranceAccessible Washroom/sOverhead Door/sPrivate Restroom/sPublic Restroom/s

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2024 Annual Rent For Real Estate 30000 Building Area Total 6779 Business Age 11+ Years Business Type Food & Beverage Gross Profit Year 2024 Gross Sales Annual 0 Gross Sales Annual Year 2024 Location Park AdjacentIn City Limits Mls Actual Status Active Operating Expense 0 Ownership Type Individual Ownership Types Other Property Offered For Sale or Rent Real Estate Included No Rental Price 4.43 Sale Price Includes BusinessEquipmentTrade FixturesInventoryOwner Will TrainPhone NumberBusiness Name Tax Annual Amount 16528 Tax Year 2024 Tenant Pays Insurance Type Bus / Bus w/Real Est Type Of Lease Other (See Remarks) Zoning OTHER

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of BHHS Central Illinois, REALTORS: .



© 2026 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate.

Based on information submitted to the MLS GRID as of 2026-03-05T10:59:34.333 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12510880-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12510880-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12510880-1.jpg
Logo
Ani Real Estate
7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910