7723 N University St

$350,000

7723 N University St, Peoria, IL 61615

For Sale

Retail Restaurant

Active

Last Updated: 11/13/2025

Details:

Building Size: 2,698 sqft

Year Built: 1969

Floors: 1

Offered by

Will Hayes

Broker

Joseph & Camper

Request Info to Unlock

Description:

Equipped freestanding former restaurant for sale on North University.
Building was formerly occupied by a Mexican Bar and Grill.
Sale includes real estate and all existing restaurant FF&E.
Equipment includes grills, hood, coolers, 3 compartment sink, bar, tables, chairs and more.
Covered outdoor seating area
Prime North University location with excellent visibility and accessibility.
New roof installed in 2022.
Annual lease with Adams outdoor provides billboard income.

NE 1/4 SEC 7-9N-8E 0.652 AC COMG NE COR NE 1/4 SEC 7 TH S 435' TO POB: TH S 100' W 334.6' N 100' E 334.16' TO POB (EXC UNIVERSITY ST ROW)