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28287196
28287197

2920 NE Adams St, Peoria, IL 61603 For Sale

DM
IL 475122647
Maloof Commercial Real Estate
Listed by Maloof Commercial Real Estate
$150,000
244 days on market
Updated 12 days ago

Turnkey Quick Service Restaurant

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,947
Tenancy Vacant
Price per SqFt $51
Year Built 1980
Acreage 0.880
Zoning Peoria Urban Enterprise Zone (PUEZ)
Ground Lease No
Sale Condition N/A

Vacant McDonald's

Marketing description

Unlock a highly adaptable commercial footprint with endless possibilities! Located at 2920 NE Adams Street, Peoria, IL 61603, this 2,947-square-foot freestanding building sits on a spacious 0.88-acre lot. Positioned along a heavily trafficked main thoroughfare with exceptional street frontage, this site is engineered from the ground up for high-capacity customer volume and maximum operational efficiency. Thanks to its highly flexible Heavy Industrial (I2) zoning, this property completely bypasses restrictive retail covenants. It allows for an instant pivot back to its original high-volume restaurant use, while remaining fully open to adaptive reuse for automotive, medical, or specialized service businesses.

Investment highlights

2,947 SF turnkey freestanding building on 0.88 Acres

Fully operational wrap-around drive-thru, ideal for fast-food, coffee shops, or drive-up retail

Built-in infrastructure offers dedicated space for heavy-duty commercial hoods, prep lines, and walk-in refrigeration units

I2 zoning allows such uses as automotive/express services, medical/veterinary uses, and trade suppliers & logistics

Located in the Peoria Urban Enterprise Zone, providing valuable local tax advantages and development perks

Expansive parking lot with ingress & egress directly on Adams & high-visibility pylon signage

Listing Contacts

DM
IL 475122647
Maloof Commercial Real Estate
Listed by Maloof Commercial Real Estate

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