$2,800,000

321 NE MADISON Avenue, Peoria, IL 61603

  • 10,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.8acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $259/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic downtown restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in renovations just five years ago. Timeless Architectural Beauty: Built in 1870 and fully remodeled in 2016, this space combines historic charm with modern functionality. Recognized with award-winning architecture, it's as visually stunning as it is operationally efficient. Prime Location: Nestled in the heart of downtown, just steps from the riverfront, this venue offers high visibility and accessibility for locals and tourists alike. Full-service kitchen supporting a 150-seat dining room (10,000 sq ft). Spacious outdoor patio featuring bocce ball, bags, and a family-and pet-friendly atmosphere. Brewhouse (2600 sq ft) with a 15-barrel capacity, producing an ever-changing lineup of in-house brews. Enclosed beer garden with a full bar, perfect for hosting private events or live entertainment.

Listing Status:
Active
Listing Office:
The Real Estate Group, Inc. : 217-787-7000
Listing Agent:
Dan Sperry : 217-725-2467
MLS ID:
CA1035048
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Forced Air
  • Roofing: Composition Shingle
  • General: One
  • Road/Access: City Street
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: 18-04-478-004
  • Water: City Water/Connected
  • Sewer: Public Sewer
  • Source: rmlsa

This listing courtesy of Dan Sperry, The Real Estate Group, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin Primary School

807 W Columbia Ter, Peoria, IL, 61606

Grades KG-5

1.02 miles away

L

Lincoln School

700 Mary St, Peoria, IL, 61603

Grades KG-8

1.09 miles away

P

Peoria High School

1615 N North St, Peoria, IL, 61604

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.