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321 NE Madison Avenue

Peoria, IL 61603
  • $2,800,000
  • STATUS: Active
  • ON SITE: 311 Days
  • ID#: CA1035048
UPDATED: 74 min ago
$2,800,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic downtown restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in renovations just five years ago. Timeless Architectural Beauty: Built in 1870 and fully remodeled in 2016, this space combines historic charm with modern functionality. Recognized with award-winning architecture, it's as visually stunning as it is operationally efficient. Prime Location: Nestled in the heart of downtown, just steps from the riverfront, this venue offers high visibility and accessibility for locals and tourists alike. Full-service kitchen supporting a 150-seat dining room (10,000 sq ft). Spacious outdoor patio featuring bocce ball, bags, and a family-and pet-friendly atmosphere. Brewhouse (2600 sq ft) with a 15-barrel capacity, producing an ever-changing lineup of in-house brews. Enclosed beer garden with a full bar, perfect for hosting private events or live entertainment.

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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: 2026-01-20T17:44:49.78.
www.ashleycoker.com/homes/161456994
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321 NE Madison Avenue Peoria, IL 61603

  • Price: $2,800,000
  • Status: Active
  • On Site: 311 Days
  • Updated: 74 min ago
  • ID#: CA1035048
0
Beds
0
Baths
0
½ Baths
0.8
Acres
Neighborhood:
Any Other Areas
County:
Peoria
Area:
Any Other Areas
Property Description
Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic downtown restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in renovations just five years ago. Timeless Architectural Beauty: Built in 1870 and fully remodeled in 2016, this space combines historic charm with modern functionality. Recognized with award-winning architecture, it's as visually stunning as it is operationally efficient. Prime Location: Nestled in the heart of downtown, just steps from the riverfront, this venue offers high visibility and accessibility for locals and tourists alike. Full-service kitchen supporting a 150-seat dining room (10,000 sq ft). Spacious outdoor patio featuring bocce ball, bags, and a family-and pet-friendly atmosphere. Brewhouse (2600 sq ft) with a 15-barrel capacity, producing an ever-changing lineup of in-house brews. Enclosed beer garden with a full bar, perfect for hosting private events or live entertainment.
Exterior Features

Construction Materials BrickStoneFrame Roof Composition Shingle

Interior Features

Building Area Total 10800 Cooling Central Air Flooring Wood Heating Forced Air

Property Features

Agent Owned No Disclosed Short Sale No Financing Conventional Foreclosure YN No Frontage Type City Street Levels One Possible Use RetailBar/TavernOtherRestaurant Sewer Public Sewer Tax Annual Amount 50088 Tax Year 2023 Type Commercial Virtually Stage YN No Water Source City Water/Connected

Listing provided courtesy of Dan Sperry of The Real Estate Group, Inc.: .
© 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: 2026-01-20T17:44:49.78.
 
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Ashley Coker Team | The Real Estate Group
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