Turnkey Mexican Restaurant for Sale in Peoria Heights

4313 N Prospect Rd, Peoria Heights, IL 61616

  • For Sale $600,000
  • Property Type Other
  • Lot Size 0.31 Acre
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Parking Spaces Avail. 20
  • Date Updated Sep 7, 2024
  • Website www.cbcworldwide.com
This popular restaurant on busy Prospect Road in the heart of Peoria Heights is ready for its next owner! This is a rare opportunity to purchase a turn-key Mexican restaurant with sales of $490k last year! Street exposure of 11,200 VPD on an easily accessible corner make this location ideal for a dining establishment. A dedicated turning lane and ample parking welcome your diners as they choose to sit indoors in the spacious dining room or bar area, outdoors in the covered patio, or enjoy some sunlight on the open patio adjacent to the large bar. The property is available with or without the current business. The main dining area is 40x45 and offers a combination booths and low tables with chairs, the 20x56 bar area features a 26' bar that is 8'+ from the back bar allowing for ample space to mix and serve drinks, offers a cooler with 14 beer taps, soda machine, 3 compartment sinks, and has a service window for easy patio service. The main kitchen prep area is 28x23 and offers two walk-in coolers, a chip warmer, multiple rolling coolers and freezers throughout, ice machine, 3 compartment sink with 2 smaller prep sinks, ProPower dishwasher, 2 fryers, 3 flat top grills, a microwave, 4 warming drawers, 2 large ovens, 2 six-burner stoves, 4 small stainless steel prep tables and 1 large stainless steel prep table. Additional parcel for parking lot is APN: 14-22-382-018, which is included in the sale bringing the next owner 125' of frontage along N. Prospect and 106' of frontage along E. Scotia Ave. Furniture includes 12 four-person booths, 9 six-person booths, 2 eight-person high top tables, 10 bar stools, 3 large dining tables that seat eight, 4 four-person tables, 35 dining chairs, 3 hightop tables with 21 chairs, 9 highchairs, a large screen for presentations or special events, a large fish tank, a moveable deep freeze, plus 6 outdoor dining tables with 24 chairs. Additional items are TouchTunes machine, 2 POS system, and gaming license. PRICE IS FOR PROPERTY ONLY - furniture and equipment, business name, menu, and training valued at $115,000.

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Highlights

  • From the north: take I-74 West, exit onto Knoxville Avenue, turn left onto N Knoxville Avenue, continue straight onto N Prospect Road. From the south: take I-74 East, exit onto Knoxville Avenue, turn right onto N Knoxville Avenue, continue straight onto N Prospect Road. From the east or west: take I-74 and follow the same directions for exit and onto N Prospect Road.
  • Exterior Description: Aluminum Siding
  • Basement: Slab Foundation
  • Road Type: Main Thoroughfare
  • Location: Emerging Area
  • Road Type: City / Town Street
  • Lot Description: Corner
  • Lot Size: 1/2 - 1 Acre
  • Age: 31-40 Years Old
  • Exterior Living Space: Porch
  • Sewer: City
  • Exterior Living Space: Patio
  • Water: City Water

Contacts

broker

Leah Erickson

Coldwell Banker Commercial Real Estate Group

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Peoria Heights, IL
  • Neighborhood Peoria Heights
  • Zip Code 61616

Points of Interest

  • BP

    0.11 miles

  • Shell

    0.59 miles

  • BP

    3.05 miles

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    3.06 miles

  • Shell

    3.38 miles

  • Tesla Motors Destination Charger

    3.53 miles

  • Shell

    3.78 miles

  • Fast Stop

    3.85 miles

  • Huck's

    4.11 miles

  • BP

    4.28 miles

  • OSF North Parking Deck

    2.64 miles

  • Morton Park Parking

    2.70 miles

  • Medi-Park 3

    2.71 miles

  • Parking for UnityPoint Methodist Hospital

    2.81 miles

  • Medi-Park 2

    2.82 miles

  • Service parking for UnityPoint Methodist Hospital

    2.86 miles

  • Delivery Parking for UnityPoint Methodist Hospital

    2.88 miles

  • Parking for the UnityPoint Methodist Hospital Emergency Room

    2.92 miles

  • Parking for employees of UnityPoint Methodist Hospital

    2.95 miles

  • Additional parking for the UnityPoint Methodist ER

    2.98 miles

  • Super 8 by Wyndham Peoria

    2.51 miles

  • Red Roof Inn

    2.56 miles

  • Courtyard by Marriott

    2.64 miles

  • Baymont Inn & Suites

    2.65 miles

  • Residence Inn

    2.69 miles

  • Four Points by Sheraton

    3.18 miles

  • SpringHill Suites

    3.21 miles

  • Mark Twain Boutique Hotel

    3.27 miles

  • Courtyard

    3.28 miles

  • Marriott Pere Marquette Hotel

    3.31 miles

  • Subway

    0.06 miles

  • McDonald's

    0.48 miles

  • Emo's Dairy Mart

    0.56 miles

  • The Other Dawg

    0.73 miles

  • LaGondola & Leonardo's

    0.73 miles

  • Lou's Drive-In

    1.02 miles

  • DQ Grill & Chill

    1.48 miles

  • Sweet Basil Cafe of Peoria

    1.53 miles

  • Hardee's

    1.60 miles

  • Cyd's Grill & Star Bar

    1.74 miles

  • Saint Thomas School

    0.28 miles

  • Monroe Avenue Elementary School

    0.54 miles

  • Washington Gifted School

    0.58 miles

  • Peoria Heights High School

    0.72 miles

  • Peoria Heights public schools

    0.75 miles

  • Peoria Heights Grade School

    0.78 miles

  • Peoria Christian School

    1.01 miles

  • Hines Primary School

    1.16 miles

  • Pals Pre-School and Kindergarten

    1.42 miles

  • Saint Pauls School

    1.47 miles

  • Salvation Army Child Care Center

    3.16 miles

  • Crittenton Centers

    3.68 miles

  • Pierson Hills Early Childhood Education Center

    3.89 miles

  • Little Oaks

    5.62 miles

  • Little Friends Learning Center

    5.63 miles

  • Faithful Heart Childcare

    7.94 miles

Frequently Asked Questions

How much does Turnkey Mexican Restaurant for Sale in Peoria Heights cost?

The space currently listed for sale at Turnkey Mexican Restaurant for Sale in Peoria Heights asks for $600,000.

What is the total square footage of Turnkey Mexican Restaurant for Sale in Peoria Heights?

Turnkey Mexican Restaurant for Sale in Peoria Heights totals 5,600 square feet.

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Contact Listing Broker

broker

Leah Erickson

Coldwell Banker Commercial Real Estate Group