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    5901 N Prospect Rd Peoria, IL 61614

    For Lease
    Contact for pricing

    Retail and office spaces available in Peoria's Junction City.

    Property size:
    311 SF
    Lot size:
    7.21 Acres

    Property Features for 5901 N Prospect Rd

    General Information

    Size
    311 SF
    Lot size
    7.21 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

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

    Overview

    Junction City Retail & Office

    Commercial space is available for lease within Junction City Shopping Center, situated in Peoria along Knoxville Avenue, a primary north/south corridor, near the intersection of Prospect Road. The available spaces, suitable for retail, restaurant, or office use, range in size from 277 to 7,560 square feet. Some spaces were previously occupied by restaurants and include existing equipment, while others were formerly salons and feature existing plumbing. The location benefits from average daily traffic counts of 21,800 and a substantial surrounding population with favorable demographics. The property size is 311 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bronze Frog Wedding Store Carney Thomas E ... Dentist Nikki Burk Counseling ... Counselor Amanda Breeden Counseling ... Counselor Magan Hopson, LCPC ... Counselor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Junction City Shopping Center, Keller Station

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5922254
    Latitude
    40.7583225

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    FAQs

    What type of property is this?
    Shopping center - Retail and office spaces available in Peoria's Junction City.
    Where is this shopping center located?
    The property is located at 5901 N Prospect Rd Peoria, IL.
    What are key features of this property?
    This property features: - Located in Junction City Shopping Center with upscale shops and restaurants.; - High traffic location on Knoxville Ave near Prospect Road (21,800 average daily traffic).; - Strong surrounding population base with favorable demographics.
    (309) 643-0717
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    5901 N Prospect Rd Peoria, IL 61614
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    Peoria, IL 61614
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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
    5901 N Prospect Rd Peoria, IL 61614
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