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Retail Space with Restaurant Equipment
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1605 N Knoxville Ave, Peoria, IL 61603

The layout includes an open sales area, rear offices, two restrooms, and installed former restaurant equipment.

Property Size1,971 SF
Days on Market145

Property Features for 1605 N Knoxville Ave

General Information

Standard status Active
Size 1,971 SF
Property subtype Retail

Restaurant

Commercial Hood Yes
Grease Trap Yes

Additional Details

Road Access Yes
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #IL 475.122056
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 12:25AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This 1,971-square-foot retail space at 1605 N Knoxville Ave includes a broad customer-facing area, rear office space, and separate men's and women's restrooms. Existing former restaurant improvements include a walk-in cooler, freezer, three-compartment sink, hood, grease trap, and additional equipment. The equipment is conveyed without a condition warranty. The property was initially configured for a Pizza Hut and was later used by a payday loan store.

The site is near Firestone, O’Reilly Auto Parts, Dunkin Donuts/Baskin Robbins, Starcrest Cleaners, Burger King, Long John Silvers, Taco Bell, and The Midtown Shopping Center. I-74, OSF Saint Francis, Unity Point hospitals, and downtown Peoria are also within close proximity.

Key Highlights

  • 1,971 square feet of retail space on N Knoxville Ave
  • Open front area with rear office space
  • Men's and women's restrooms

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

2,210
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Shops & Services 24% Electronics 1%
Taco Bell Dining
14,276 visits/mo 0.2 miles
Starbucks Dining
11,112 visits/mo 0.1 miles
Shell Shops & Services
10,435 visits/mo 0.3 miles
Dunkin' Donuts Dining
9,010 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
8,756 visits/mo 0.2 miles

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The layout includes an open sales area, rear offices, two restrooms, and installed former restaurant equipment.
Where is this retail space located?
The property is located at 1605 N Knoxville Ave Peoria, IL.
What are key features of this property?
This property features: 1,971 square feet of retail space on N Knoxville Ave; Open front area with rear office space; Men's and women's restrooms
(309) 643-0717 Call to check price and availability
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