Skip To Content

251 Derby Street

Pekin, IL 61554
  • $299,000
  • STATUS: Active
  • ON SITE: 247 Days
  • ID#: PA1262241
UPDATED: 40 min ago
$299,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

The Twisted Spoke Saloon bar, restaurant and concert venue in Pekin has re-opened and has excellent bar and gaming income. The building has had many updates and a recent interior renovation. The bar and business, including a full kitchen, gaming and state of the art concert stage/equipment, is for sale with all furniture, fixtures and equipment included. Corporation sale includes active liquor and gaming licenses for this location. Property features an outdoor patio space and ample parking. This is an excellent opportunity to buy a profitable bar building and business in Pekin!

Monthly Payment Calculator



© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-13T07:44:50.017.
www.loganfrazierhomes.org/homes/169713265
Print Image

251 Derby Street Pekin, IL 61554

  • Price: $299,000
  • Status: Active
  • On Site: 247 Days
  • Updated: 40 min ago
  • ID#: PA1262241
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
The Twisted Spoke Saloon bar, restaurant and concert venue in Pekin has re-opened and has excellent bar and gaming income. The building has had many updates and a recent interior renovation. The bar and business, including a full kitchen, gaming and state of the art concert stage/equipment, is for sale with all furniture, fixtures and equipment included. Corporation sale includes active liquor and gaming licenses for this location. Property features an outdoor patio space and ample parking. This is an excellent opportunity to buy a profitable bar building and business in Pekin!
Exterior Features

Construction Materials Aluminum SidingSteel FrameBlockStone Outdoor Dining YN Yes Roof Composition Shingle

Interior Features

Bar YN Yes Building Area Total 2640 Cooling Central AirHeat Pump Flooring Tile Handicap Modified Yes Heating Forced AirNatural Gas Walk In Cooler YN Yes Walk In Freezer No

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City StreetCorner LotPaved 2Lane Levels OneFree Standing Possible Use Bar/TavernRestaurant Security System YN Yes Sewer Public Sewer Sprinkler YN No Tax Annual Amount 5021.68 Tax Incentive1 In City LimitNoneTIF District Tax Year 2025 Type Commercial Virtually Stage YN No Water Source Municipal/City Zoning B-3

Listing provided courtesy of Justin Ball of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-07-13T07:44:50.017.
 
https://bt-photos.global.ssl.fastly.net/peoria/orig_boomver_2_PA1262241-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/orig_boomver_2_PA1262241-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/orig_boomver_2_PA1262241-1.jpg
Logo
Logan Frazier Homes | The Real Estate Group
3701 Wabash Ave
Springfield IL, 62711