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5805 N Knoxville Avenue
Peoria IL 61614 US

$1,600,000

Active Listing ID 12510880
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Lot: 0.68 Acres
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Other

$1,600,000

Active Listing ID 12510880
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5805 N Knoxville Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.68 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 5805 N Knoxville Avenue
  • postalcity: Peoria
  • stateorprovince: IL
  • country: US
  • postalcode: 61614
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.68
  • lotsizeunits: Acres
  • lotsizearea: 0.68
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Brandon Shaffer
  • listagentemail: brandon@soldbyshaffer.com
  • listagentkey: 3yd-MREDIL-970058
  • listagentmlsid: 970058
  • listagentpreferredphone: (309) 663-7653
  • listagentofficephone: 3093635393
  • listofficekey: 3yd-MREDIL-97004
  • listofficemlsid: 97004
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2025-12-01
  • listagentfax: 3096631380
  • listagenturl: http://www.snyderre.com
  • countyorparish: Peoria
  • parcelnumber: 1416376004
  • cooling: Central Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Snyder Real Estate Agency, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brandon@soldbyshaffer.com", "ListBrokerageCity":"Bloomington", "ListBrokerageCountry":"US", "ListBrokerageEmail":"snyderrealestate@thesnydercompanies.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/388526/20190114182124358.png", "ListBrokerageName":"Snyder Real Estate Agency, Inc.", "ListBrokeragePhone":"(309) 663-7653", "ListBrokeragePostalCode":"61701", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1 Brickyard Drive", "ListBrokerageWebsiteUrl":"http://www.snyderre.com", "ListOfficeAddress1":"1 Brickyard Drive Suite. A ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"97004", "ListOfficeCity":"Bloomington", "ListOfficeCountry":"US", "ListOfficeEmail":"eneaves@tentacenterprises.com", "ListOfficePostalCode":"61701", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Peoria, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12510880/?channel=rexren", "MLSModificationTimestamp":"2026-04-25 09:06:44", "Neighborhoods":[{"Description":null, "Name":"Peoria"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16528, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 8:05:47 PM GMT
Source Updated Date: 8/12/2026 6:50:36 PM GMT

Courtesy of: Brandon Shaffer, BHHS Central Illinois, REALTORS, brandon@soldbyshaffer.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.