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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/night and offers stunning views of the marina 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 closed by the owner to prepare for sale. It boasts a beautifully 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 sand 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 the additional 10 acres. *Agent Interest*
| DAYS ON MARKET | 2 | LAST UPDATED | 1/11/2026 |
|---|---|---|---|
| YEAR BUILT | 2000 | COMMUNITY | East Peoria |
| COUNTY | Woodford | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | East Peoria |
| LOT | 0 |
| LOT DIMENSIONS | 26.8 ACRES |
| STORIES | 2 |
| TAXES | 10826.7 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Freedom Realty
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.