Former McDonald's 2920 NE Adams St 2,947 SF Vacant Retail Building Online Auction Sale Peoria, IL 61603

Positioned off the Peoria Lake near Interstate 74, the subject offers a user-ready opportunity to utilize the restaurant infrastructure at 2920 NE Adams Street.

The second-generation McDonald’s building features a two-window drive-thru, large glass storefront windows, a spacious dining area with booth seating, a point-of-sale counter, and a commercial kitchen. There are over 40 surface parking spaces and three curb cuts, two off NE Adams Street, and one off Fairholm Avenue, a prime corner location with easy ingress/egress.

The subject is located just 2.5 miles down NE Adams Street from the downtown city center. It benefits from direct frontage along NE Adams Street, enabling high daily traffic counts and robust commercial synergy. The area is home to the Peoria Park District, the Peoria Zoo, and the Luthy Botanical Gardens, major tourism and regional points of interest. Peoria's extensive park system features over 9,000 acres of parks and trails. Peoria's location in the heart of the ‘Corn Belt’ makes it a major agricultural and industrial employment center, home to the heavy equipment giant Caterpillar, the global crop processor Archer Daniels Midland (ADM), the seed and agriscience innovator Corteva Agriscience, and the ag-tech hardware maker Precision Planting.

10-mile demographics indicate a growing population of 237,167 residents and over 98,480 households. The average household income exceeds $92,650, and the realm generates a robust spending power of more than $2.8 billion each year. Food and beverage accounts for the largest share of consumer spending, earning just shy of $800 million.

With a highly visible location, existing restaurant infrastructure, and strong consumer fundamentals, 2920 NE Adams Street presents a rare opportunity for an owner/user, restaurateur, or expanding concept to establish a presence in one of Peoria’s most active corridors. Surrounded by major employers, regional attractions, and a dense population base with substantial annual spending power, the property is well-positioned to capitalize on sustained traffic and demand. Prospective users are encouraged to explore the potential of this turnkey former McDonald’s location and secure a prominent corner site ready to support future growth and long-term success.

Property tours are by appointment only. Please contact the listing broker to schedule.

Ownership has additional listings; please see all available listing URLs here:

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