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    1916 N Knoxville Ave Peoria, IL 61603

    For Sale
    $399,000

    Two-level retail/office building near downtown Peoria.

    Property size:
    11,410 SF
    Lot size:
    0.73 Acres

    Property Features for 1916 N Knoxville Ave

    General Information

    Size
    11,410 SF
    Lot size
    0.73 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Building on Knoxville

    This 11,410 square foot retail/office building is available for sale on North Knoxville. The building features two levels, each with 5,705 square feet. The main floor is configured with large, open showroom areas. The upper level includes both open areas and private offices. An expansive window line facing Knoxville provides abundant natural light. The property is located one block from the new OSF St. Francis - Midtown location and approximately one-half mile from downtown Peoria. The sale includes a 0.20-acre residential parcel directly behind the building, bringing the total acreage of both parcels to 0.59 acres. Note that the property at 1907 N Dechman Ave can be sold separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cooper Hawaiian Antique Antique Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Zarley Ceramic Tile

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5936169
    Latitude
    40.711048

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    FAQs

    What type of property is this?
    Showroom - Two-level retail/office building near downtown Peoria.
    Where is this showroom located?
    The property is located at 1916 N Knoxville Ave Peoria, IL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - 11,410 SF retail/office building; - Located 1 block from OSF St. Francis - Midtown and 1/2 mile from downtown Peoria; - **Expansive window-line offers abundant natural light**
    (309) 643-0717
    Request Owner's contact information
    1916 N Knoxville Ave Peoria, IL 61603
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    Peoria, IL 61603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1916 N Knoxville Ave Peoria, IL 61603
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