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1440 N 8th St
Pekin, IL 61554
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Central Business District, Free Standing, Corner, 15,000 VPD
  • Patio/Outdoor Seating

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,208 SF
Building Class
C
Year Built
1973
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.53 AC
Zoning
B-3 - Commercial
Parking
36 Spaces (8.56 Spaces per 1,000 SF Leased)
Frontage
160’ on IL 29

ABOUT 1440 N 8TH ST , PEKIN, IL 61554

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-04-35-115-001
Land Assessment
$16,600
Improvements Assessment
$51,580
Total Assessment
$68,180
  • Listing ID: 31571628

  • Date on Market: 4/21/2024

  • Last Updated:

  • Address: 1440 N 8th St, Pekin, IL 61554

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