Lou's Drive In
$450,000
4229 N Knoxville Ave, Peoria, IL 61614
For Sale
Retail
Restaurant
Active
Last Updated: 10/26/2026
773 sqft
Building Size
0.4356 acres
Lot Area
Details:
Building Size: 773 sqft
Lot Area: 0.4356 acres
Year Built: 1953
Description:
Iconic Peoria Landmark – Serving the community since 1953.
Business & Real Estate Offering – Includes the operating business and restaurant equipment.
High-Visibility Knoxville Avenue Frontage – Approximately 21,400 vehicles per day.
Established Brand & Loyal Following – Known for homemade root beer and classic drive-in fare.
Recent Capital Improvements – New roof (2024), A/C unit (2022), grill and flooring (2024), and hood blower (2026).
Classic Drive-In Setting – Outdoor dining deck, gazebo, and paved site.
KNOLL CREST SUB #3 NW 1/4 SEC 28-9N-8E OUTLOT 5; ALSO BEG SE COR OUTLOT 5: TH S 8' W 120' N 8' E 120' TO POB PT OUTLOT 2
Documents:
| Title | ||
|---|---|---|
| 4229_Knoxville_Brochure_10.20.26.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
