1111 Sunset Drive, East Peoria, IL, 61611

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$2,500,000
41 Days Online

1111 Sunset Drive
East Peoria, IL 61611

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
15,681
SqFt
$159
/SqFt
2000
Built
County:
Woodford
Listing Courtesy of MRED as distributed by MLS Grid of Brilliant Real Estate jared@jaredsells.com
Call Now: 877 582 4399
Is this the home for you? We can help make it yours.
877 582 4399
1111 Sunset Drive1111 Sunset Drive1111 Sunset Drive1111 Sunset Drive
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***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.

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Listing Snapshot
Price 
$2,500,000
Days Online 
41 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,681 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2000
MLS® Number 
12134319
Status 
Active
Property Tax 
$10,134
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoPrice changed to $2,500,000
a month agoListing first seen online
a month agoListing updated with changes from the MLS®
General Features
Number Of Stories 
2
Property Sub Type 
Mixed Use
SqFt Total 
15681
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
East Peoria
Listing Courtesy of MRED as distributed by MLS Grid of Brilliant Real Estate jared@jaredsells.com



Based on information submitted to the MLS GRID as of 2024-09-20 11:55 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-20 11:55 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

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