Turnkey Restaurant

Located in Peoria's vibrant Urban Enterprise Zone, this property sits on a high traffic, visible retail corridor. Surrounded by major thoroughfares and the Illinois River, the area blends industrial utility with ongoing economic development and recreational potential. Easy transit connections to the Bob Michel Bridge and US Route 150. The property is zoned I2 and is ideally positioned to benefit from local redevelopment and regional transportation investments. Situated near the Illinois River, the neighborhood is part of ongoing civic planning efforts focused on natural riparian aesthetics and future recreational green spaces.Going to Auction: 10/5/26 - 10/7/26 Unlock a highly adaptable commercial footprint with endless possibilities! Located at 2920 NE Adams Street, Peoria, IL 61603, this 2,947-square-foot freestanding building sits on a spacious 0.88-acre lot. Positioned along a heavily trafficked main thoroughfare with exceptional street frontage, this site is engineered from the ground up for high-capacity customer volume and maximum operational efficiency. Thanks to its highly flexible Heavy Industrial (I2) zoning, this property completely bypasses restrictive retail covenants. It allows for an instant pivot back to its original high-volume restaurant use, while remaining fully open to adaptive reuse for automotive, medical, or specialized service businesses.