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1109-1111 Sunset Drive, East Peoria, IL 61611

$1,100,000
  • 1109-1111 Sunset Drive, East Peoria, IL 61611 Main Photo

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Active
SQUARE FEET15,681 MLS#12545239
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This exceptional 26.8 acre waterfront property offers an investment opportunity with multiple revenue streams. The luxurious vacation rental home, built in 2019, spans 4,839 sqft and features 4 bedrooms, 4.5 bathrooms, 3 floors, and a 2-car garage. It rents on Airbnb for $475/night and offers stunning views of sunsets over the river from the living room and oversized hot tub. The 3,342 sqft restaurant/bar, now closed for sale, but formerly generating a nice profit even in its first year in 2023. It boasts a beautifully furnished dining area, a bar, and a back patio with views of the marina and river. The marina includes a boat ramp, and has a sand beach on the river. The boat docks have been galvanized, and could be re-installed, to generate income from boat parking and/or jet ski rental. The 7,500 sqft barn provides storage for boats, jet skis, or maintenance equipment, or could be rented out for extra income. There is an additional 10 acres on the north part of the property, offering many possibilities, such as a campground. The property consists of 2 parcels: 1111 Sunset Drive, a 2-acre parcel where the house is at, and 1109 Sunset Drive, a 24.8-acre parcel with restaurant, marina, barn, and the other 10 acres. *MOTIVATED SELLER*

1109-1111 Sunset Drive | MLS# 12545239

This commercial property located at 1109-1111 Sunset Drive, East Peoria, IL 61611 is currently listed for sale with an asking price of $1,100,000. Search East Peoria real estate on www.dickersonnieman.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.00 Acres
Stories: 2.0
Taxes: $10,826
Year Built: 2000

Feature Descriptions

Electric: Ameren
Fire Protection: Other
HVAC: Forced Air
Lot Dimensions: 26.8 ACRES
Parcel#: 0735301025
Tenant Pays: Other
Units: 3

Listed By / Shown By

Listed By

Agency Name: Freedom Realty
Agency Phone: 309-585-2281

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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