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Mixed-Use Property Near Interstate Access
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1622 Knoxville Ave, Peoria, IL 61603

Two blocks from interstate access and several major medical facilities in an established retail setting.

Property SizeContact for details
Days on Market144

Property Features for 1622 Knoxville Ave

General Information

Standard status Active
Property subtype Retail, Office

Additional Details

Highway Access Yes
Listing Agency: Maloof Commercial Real Estate
Listed By: Madison Maloof · License #IL 475.180439
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:00AM

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 Maloof Commercial Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is positioned two blocks from interstate access in Peoria, Illinois. The surrounding commercial area includes O'Reilly Auto Parts, Starcrest Cleaners, Firestone, and multiple restaurant establishments.

The property is also two blocks from OSF St. Francis Medical Center, OSF Children's Hospital, and Carle Heath Methodist Hospital, placing it near a concentration of medical facilities and retail businesses.

Key Highlights

  • Two blocks from interstate access
  • Two blocks from OSF St. Francis Medical Center, OSF Children's Hospital, and Carle Heath Methodist Hospital
  • Surrounded by O'Reilly Auto Parts, Starcrest Cleaners, Firestone, and several restaurants

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon Kitchen & Bath Showroom Auto Parts Store 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
Highway access

Location Intelligence

Trade Area within ½ mile

2,186
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two blocks from interstate access and several major medical facilities in an established retail setting.
Where is this mixed-use property located?
The property is located at 1622 Knoxville Ave Peoria, IL.
What are key features of this property?
This property features: Two blocks from interstate access; Two blocks from OSF St. Francis Medical Center, OSF Children's Hospital, and Carle Heath Methodist Hospital; Surrounded by O'Reilly Auto Parts, Starcrest Cleaners, Firestone, and several restaurants
(309) 693-3000 Call to check price and availability
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