


5805 N Knoxville AvenuePeoria, IL 61614
Commercial · 6,779 Sq. ft.5805 N Knoxville Avenue Overview
- Time on Site:
- 211 days
- Visits:
- 22
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.
5805 N Knoxville Avenue Facts & Features
- Type Commercial
- Sq. ft. 6,779
- Price/Sq.ft. $236
Details
General
Income/Expenses
- Existing Lease Type: Gross
- Operating Expense: 0
Business Information
- Business Type: Food & Beverage
Location/Region
- County Or Parish: Peoria
- MLS Area Major: Peoria
Rent/Lease Information
- Lease Expiration: 2026-12-31
- Tenant Pays: Insurance, All Utilities
Tax Information
- Tax Annual Amount: $16,528.00
- Tax Year: 2024
General Information
- Parcel Number: 1416376004
- Property Type: Business Opportunity
- Zoning: OTHER
Interior
Building Interior
- Building Area Total: 6779
General Information
- Cooling: Central Air
- Stories: 2
Unit Information
- Unit SqFt.: 6779
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 155x185x182x167
- Lot Size Square Feet: 29620
Waterfront/View
- Waterfront: No
5805 N Knoxville Avenue Neighborhood
Community
61614 (Peoria) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5805 N Knoxville Avenue Monthly Cost
5805 N Knoxville Avenue Market Data
Based on the last 30 days in this zip code
5805 N Knoxville Avenue History
| Date | Value | Agent |
|---|---|---|
| 12/6/2025Source: MRED | Active |
|
| 12/1/2025Source: MRED | December 01, 2025 |












































































