1109-1111 Sunset Drive
East Peoria, IL, 61611 $ 1,100,000
Bedrooms-- Baths-- Sq 15,681 Monthly Estimate*
$ 6,773
Commercial Property for sale in East Peoria, IL
for $1,100,000. This 15,681 square foot building was built in 2000 on a lot size of 2.3E-05.
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*
See more
FeaturesGeneralCooling Central Air
Zoning COMMR
Year Built 2000
Electric Ameren
Tenant Pays Other
Stories Count 2
Township Spring Bay
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Woodford
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions From I-74 N on IL-116 NW on Spring Bay Rd W on Collins Ln
City East Peoria
Number Of Units Total 3
MLS Area East Peoria
Lot Size Square Feet 1
Tax Annual Amount 10826.7
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
See more
ExteriorBuilding Area Total 15681
Lot Dimensions 26.8 ACRES
See more
* Excluded FeaturesList Byjared@jaredsells.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,773
- Monthly Property Taxes
- $902
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/12/2026 | $1,100,000 | | Listed Price |