Peoria Retail Center For
For Sale
$2,825,000
4410 N Knoxville Ave, Peoria, IL 61614
46,620 SF retail center with value-add potential in Peoria, IL.
Property Size46,620 SF
Price / SF$60.60
Days on Market328
Property Features for 4410 N Knoxville Ave
General Information
Standard status
Active
Size
46,620 SF
Total Parking Spaces
172
Property subtype
Shopping Center / Retail
Zoning
C-1
Net Operating Income
$262,910
Building Details
Building Size
46,620 SF
Year Built
1966
Listing Agency:
RE/MAX
(309) 687-5000
Listed By:
Jessica Ball · License #475175281
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 18 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
Investment Insights
Based on property information with market context.
The Oak Cliff Park shopping center in Peoria, IL, is available for sale for the first time since its development. This neighborhood retail center spans 46,620 square feet and includes an additional land component. It is strategically located at the signalized intersection of Knoxville Avenue (IL-40) and Lake Avenue, situated on 3.05 acres with 172 surface parking spaces. The property consists of four multi-tenant buildings that are currently 86% leased. Anchored by Monical’s Pizza, operating on a long-term lease through 2033, the property features a mix of medical, service, and retail tenants. The property generates a NOI of approximately $230,000 with in-place rents averaging $9.21 per square foot. With traffic counts exceeding 25,000 vehicles per day, Oak Cliff Park represents an opportunity to acquire a cash-flowing retail investment with value-add potential in Peoria’s commercial corridor. The property includes eighteen tenants including retail, medical, dining, and service uses.
Key Highlights
- High‑visibility location at a signalized intersection (Knoxville & Lake) with over 25,000 vehicles per day.
- Anchored by Monical’s Pizza with a long‑term lease through 2033, providing stable income.
- Value‑add potential through lease‑up of remaining vacancy and rent growth, with current rents below market rates.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Monical's Pizza
Dining
4,028 visits/mo
0.1 miles
BP
Shops & Services
3,945 visits/mo
0.2 miles
Shell
Shops & Services
1,392 visits/mo
0.1 miles
Demographics for 61614, IL
27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 46,620 SF retail center with value-add potential in Peoria, IL.
Where is this strip mall located?
The property is located at 4410 N Knoxville Ave Peoria, IL.
What is the asking price?
The asking price for this property is $2,825,000.
What are key features of this property?
This property features: High‑visibility location at a signalized intersection (Knoxville & Lake) with over 25,000 vehicles per day.; Anchored by Monical’s Pizza with a long‑term lease through 2033, providing stable income.; Value‑add potential through lease‑up of remaining vacancy and rent growth, with current rents below market rates.
