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251 Derby Street

Pekin, IL 61554
  • $149,900
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: PA1262241
UPDATED: 59 min ago
$149,900
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Price reduced to $149,900 - also available for lease at $3000/mo + utilities. The Twisted Spoke Saloon in Pekin is available for sale. This bar with a full kitchen was recently closed in August 2024, and the building with all furniture, fixtures and equipment is for sale, and the business can be purchased as well. There is still an active liquor license for this business location. This bar was a full service concert venue with outdoor patio space and ample parking. The building has had many updates, is in excellent condition and has a state of the art sound system. This is an excellent opportunity to buy a well known building and business in Pekin!

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-20T18:44:49.823.
www.ashleycoker.com/homes/169713265
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251 Derby Street Pekin, IL 61554

  • Price: $149,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 59 min ago
  • ID#: PA1262241
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Price reduced to $149,900 - also available for lease at $3000/mo + utilities. The Twisted Spoke Saloon in Pekin is available for sale. This bar with a full kitchen was recently closed in August 2024, and the building with all furniture, fixtures and equipment is for sale, and the business can be purchased as well. There is still an active liquor license for this business location. This bar was a full service concert venue with outdoor patio space and ample parking. The building has had many updates, is in excellent condition and has a state of the art sound system. This is an excellent opportunity to buy a well known building and business in Pekin!
Exterior Features

Construction Materials Aluminum SidingSteel FrameBlockStone Outdoor Dining YN Yes Roof Composition Shingle

Interior Features

Bar YN Yes Building Area Total 2640 Cooling Central AirHeat Pump Flooring Tile Handicap Modified Yes Heating Forced AirNatural Gas Walk In Cooler YN Yes Walk In Freezer No

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetCorner LotPaved 2Lane Levels OneFree Standing Possible Use Bar/TavernRestaurant Security System YN Yes Sewer Public Sewer Sprinkler YN No Tax Annual Amount 4566.12 Tax Incentive1 In City LimitNoneTIF District Tax Year 2023 Type Commercial Virtually Stage YN No Water Source Municipal/City Zoning B-3

Listing provided courtesy of Justin Ball of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-20T18:44:49.823.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711