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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 12447097

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,134
Days Active 136
Approx. Age 2000
MLS® Number 12447097

Property Address: 1111 Sunset Dr, East Peoria, IL, 61611-1167

Average square foot calculated using Size range provided by listing agent.

Description

***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 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.
MLS® Number12447097
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 16, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1111 Sunset Dr, East Peoria, IL

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