This exceptional 26.8 acre waterfront property offers an 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 rents on Airbnb for $475/night and offers stunning views of 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 closed to prepare for sale. It boasts a beautifully furnished dining area, a bar, and a back patio with views of the marina and river. The marina includes a boat ramp, and has a sand beach on the river. The boat docks could be re-installed, to generate income from boat parking. The 7,500 sqft barn provides storage for boats, jet skis, or maintenance equipment, or could be rented out for extra income. There is an additional 10 acres on the north part of the property, offering many possibilities, such as a campground. The property consists of 2 parcels: 1111 Sunset Drive, a 2-acre parcel where the house is at, and 1109 Sunset Drive, a 24.8-acre parcel with restaurant, marina, barn, and the other 10 acres. *Agent Interest*
Lot/land
$1,500,000
1109-1111 Sunset Dr, East Peoria, IL 61611
4beds
--baths
26.8Acres
Unimproved Land
Built in 2019
26.8 Acres Lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
Waterfront propertyBoat docksBoat ramp
- 12 days
- on Zillow |
- 684 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 06:32am
Listed by:
Jared Litwiller jared@jaredsells.com,
Freedom Realty,
Chris Stewart,
Jim Maloof Realty, Inc.
Source: RMLS Alliance,MLS#: PA1260229
Originating MLS: Peoria Area Association of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Interior area
- Total interior livable area: 4,839 sqft
- Finished area above ground: 4,839
- Finished area below ground: 0
Property
Features
- Stories: 3
- Has view: Yes
- View description: Lake, River
- Has water view: Yes
- Water view: Lake,River
- Waterfront features: Creek, Pond/Lake, Seawall
Lot
- Size: 26.8 Acres
- Dimensions: 26.8 Acres
- Features: Extra Lot, Pasture
Details
- Additional structures: Barn(s), Garage(s), Machine Shed
- Additional parcels included: 0735301025
- Parcel number: 0735301024
- Zoning description: Commercial
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Not Available
HOA
- Has HOA: Yes
- Services included: Cable TV
Location
- Region: East Peoria
Financial & listing details
- Price per square foot: $310/sqft
- Annual tax amount: $13,888
- Date on market: 8/15/2025
- Cumulative days on market: 298 days
- Electric utility on property: Yes
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