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    1 home
        1 result available
        1111 Sunset Drive, East Peoria, IL 61611
        Virtual TourPrice Reduced $200,000
        1111 Sunset Drive, East Peoria, IL 61611
        $2,500,000
        1sqft
        acres
        Commercial Sale

        1111 Sunset Drive, East Peoria, IL 61611

        Listing by: Brilliant Real Estate
        1 - 1 of 1 results
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        The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware that they may be recorded during a showing.
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        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        1111 Sunset Drive, East Peoria, IL 61611
        Virtual Tour
        Price Reduced $200,000
        $2,500,000 $200,000 
        1sqft
        acres

        1111 Sunset Drive, East Peoria, IL 61611

        Commercial Sale by Jared LitwillerBrilliant Real Estate.

        Data checked -. Listing last updated 10 days ago.
        1. Overview
        2. Details
        3. More 

        ***MOTIVATED SELLER*** This exceptional 26.8-acre waterfront property offers a unique investment opportunity with multiple revenue streams. The luxurious vacation rental home, built in 2019, spans 4,839 sqft and features 4 bedrooms, 4.5 bathrooms, 3 floors, and a 2-car garage. It frequently rents on Airbnb for $475 per night and offers stunning marina views, and sunsets over the river from the living room and oversized hot tub. The 3,342 sqft restaurant/bar, formerly operated as Charlie's On Sunset Cove, generated nearly $1.5 million in revenue with a net profit of almost $300,000 in its first year in 2023. It was just closed a few weeks ago by the owner to prepare for sale. It boasts a nicely furnished dining area, a perfectly situated bar, and a back patio with stunning views of the marina and river. The marina includes a boat ramp, and has a sandy beach on the river. The boat docks could be re-installed, and the marina re-activated, to generate income from boat parking. The 7,500 sqft barn provides ample storage for boats, jet skis, or maintenance equipment, or could be rented out for extra income. There is also an additional 10 acres on the north part of the property, offering many possibilities for development, such as a campground. The property consists of two parcels: 1111 Sunset Drive, a 2-acre parcel where the house is at, and 1109 Sunset Drive, a 24.8-acre parcel with the restaurant, marina, barn, and additional 10 acres.

        Details
          Property type
        Commercial Sale
          Year built
        2000
          Heating
        -
          Cooling
        Central Air
          Garage
        No
          Parking spots
        -
        MRD12134319
        MLS ID
        Active
        Status
        08-09-2024
        On market date
        Monthly taxes
        $845
        Yearly taxes
        $10,134
        Schools
        -
        Open Houses
        In-Person
        No upcoming in-person open houses
        Virtual
        No upcoming virtual open houses
        Contact Agent
        Listing By:
        Jared Litwiller
        Jared Litwiller
        Dorian James
        Dorian James
        Jared Litwiller
        Jared Litwiller
        REALTOR® Salesperson, Brilliant Real Estate
         
         
        Dorian James
        Dorian James
        REALTOR® Salesperson, Brilliant Real Estate
         
         
        Location
        From I-74, N on IL-116, NW on Spring Bay Rd, W on Collins Ln
        For Sale Nearby
        No nearby homes are For Sale Nearby.
        Recently Sold
        No nearby homes have been Recently Sold.
        1111 Sunset Drive, East Peoria, IL 61611, is a 1 sqft. Mixed Use built in 2000. This property is currently available for sale and was listed on MIRA on 8-9-2024. The MLS# for this Mixed Use is MLS# MRD12134319.
        Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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