Mexican Restaurant for Sale in Pekin, IL

1440 N 8th St, Pekin, IL 61554

  • For Sale $175,000
  • Property Type Retail - Restaurant
  • Property Size 4,208 SF
  • Lot Size 0.53 Acre
  • Parking Spaces Avail. 36
  • Year Built 1948
  • Year Renovated 2016
  • Date Updated May 4, 2024
  • Website www.cbcworldwide.com
This key property on busy IL29 sees 15,600 VPD! Be the next owner of this perfectly sized income producing restaurant! The main dining area is 34x38' with additional dining areas of 27x15 with large windows to enjoy the views outside while they dine. The bar is 25' long, fully functional bar equipment and very inviting to your diners! The property comes with (16) 4-person booths, (12) 4-person tables, (43) dining chairs, (2) high-top tables with (20) bar stools, 4 flat screen TVs, high chairs, full bar setup, a large service counter perfect for to-go and online order prep, fully equipped kitchen with an oven, fryer, warmer, and flat top grill, free-standing coolers, walk-in cooler, multi-compartment sinks in the kitchen and bar, dishwasher, and more! This property spans 2 parcels on .53 acres, is within the Court Street TIF, a Business Development District, and may offer other local incentives.

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Highlights

  • From the North: I-155 South to IL-9 East, left onto N 8th Street, property on your right. From the South: Head north on IL-29, left onto Derby Street, right onto N 8th Street, property on your left. From the East: Take IL-9 West crossing the Illinois River, turn right onto N 8th Street, property on your right. From the West: Head east on IL-9, left onto N 8th Street, property on your right.
  • Age: Over 50 Years Old
  • Appliances: Dishwasher
  • Appliances: Double Oven
  • Appliances: Microwave
  • Appliances: Range / Oven
  • Appliances: Refrigerator
  • Area Amenities: Area Fishing
  • Area Amenities: Boating
  • Area Amenities: Community Slip
  • Area Amenities: Outdoor Activities
  • Cooling: Central A/C
  • Exterior Living Space: Patio
  • General: Security System
  • General: Smoke Detector
  • Kitchen Features: Kitchen Facilities
  • Lot Description: Corner
  • Lot Size: 1/2 - 1 Acre
  • Other: Water Softener - Own
  • Road Type: City / Town Street
  • Road Type: Main Thoroughfare
  • Road Type: State Road
  • Sewer: City
  • Water: Municipal Water

Contacts

broker

Leah Erickson

Coldwell Banker Commercial Real Estate Group

(815) 780-7952

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Pekin, IL
  • Zip Code 61554

Points of Interest

  • Marathon

    1.48 miles

  • Shell

    4.18 miles

  • Thorton's

    4.52 miles

  • British Petroleum

    4.73 miles

  • Circle K

    4.75 miles

  • Mobil

    4.84 miles

  • Kroger Fuel

    4.84 miles

  • Casey's General Store

    5.33 miles

  • Costco Gasoline

    6.69 miles

  • Circle K

    6.99 miles

  • Event Parking

    1.48 miles

  • Parking for Sprinkmann's Insullation, Inc

    7.40 miles

  • Parking for guests and residents of RiverWest

    7.42 miles

  • Parking for State Street Post Office employees & official use

    7.43 miles

  • Parking for Delta Industries, Inc

    7.43 miles

  • Parking for RiverWest employees and potential residents

    7.49 miles

  • Parking for former Elks Lodge

    7.50 miles

  • Parking for Grainger

    7.53 miles

  • Parking for Builders' Warehouse

    7.53 miles

  • Parking for PCCEO and Peoria Food Bank

    7.53 miles

  • McDonald's

    1.05 miles

  • Papa Murphy's

    1.20 miles

  • Monical's Pizza

    1.49 miles

  • Cranwell's Rootbeer

    2.54 miles

  • Subway

    2.65 miles

  • McDonald's

    3.11 miles

  • Lean Wang's

    3.22 miles

  • Denny's

    3.24 miles

  • Subway

    3.31 miles

  • KFC

    3.34 miles

  • Kroger

    1.04 miles

  • Walmart Supercenter

    3.79 miles

  • Kroger

    4.88 miles

  • Kroger

    6.61 miles

  • Target

    7.03 miles

  • Kohl's

    7.06 miles

  • ALDI

    7.11 miles

  • Walmart Supercenter

    7.71 miles

  • Big Lots

    8.46 miles

  • Kroger

    9.48 miles

Frequently Asked Questions

What is the lease rate for Mexican Restaurant for Sale in Pekin, IL?

Rental asking rate at Mexican Restaurant for Sale in Pekin, IL is $87,500.00/YR.

What is the total square footage of Mexican Restaurant for Sale in Pekin, IL?

Mexican Restaurant for Sale in Pekin, IL totals 4,208 square feet.

When was this property built?

Mexican Restaurant for Sale in Pekin, IL was built in 1948.

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Contact Listing Broker

broker

Leah Erickson

Coldwell Banker Commercial Real Estate Group

(815) 780-7952