245 Farmdale Rd, East Peoria, IL, 61611

245 Farmdale Rd East Peoria, IL 61611

245 Farmdale Rd, East Peoria, IL, 61611
245 Farmdale Rd, East Peoria, IL, 61611 245 Farmdale Rd, East Peoria, IL, 61611 245 Farmdale Rd, East Peoria, IL, 61611 245 Farmdale Rd, East Peoria, IL, 61611 245 Farmdale Rd, East Peoria, IL, 61611 245 Farmdale Rd, East Peoria, IL, 61611
FOR SALE
Property Type:
Restaurant
Amount:
$275,000
Last Verified:
Mar 11, 2025

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Description

Former Sonic Drive-in located in East Peoria available for sale.
Fully equipped restaurant including two hoods, walk in cooler, walk in freezer, and more.
Built in equipment included with the purchase. Additional equipment available for purchase separately. Full list available upon request.
Entire building is primarily set up as a commercial kitchen. There is no interior seating for customers.
Set up with a Drive thru lane.
Over 20 Drive-in bays outside with additional outdoor seating tables available.
Nearby businesses include MacDonald’s, Caseys, Family Dollar and an upcoming development for medical offices.

SEC 26 T26N R4W ILLINI COMMERCIAL PARK PHASE 2 LOT 1 SW 1/4


Year Built: 2007
Building Size: 1500sq ft
Building Class: C
Lot Size: 1.05 acres


Documents

245 Farmdale Brochure_2.5.25.pdf

Map of 245 Farmdale Rd, East Peoria, IL, 61611

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.