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*
Listed By
Agency Name: Freedom Realty
Agency Phone: 309-585-2281
Shown By
Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900
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.