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Convenience Store Building with Parking
New
For Sale
$170,000

1624 N KNOXVILLE Avenue, Peoria, IL 61603

Commercial Sale, Peoria, IL

Property SizeContact for details
Days on Market3

Property Features for 1624 N KNOXVILLE Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Take Il - 40 S / Knoxville Ave. Property is on the Left.
Standard status Active
APN 18-04-207-026

Taxes and HOA fees

Tax Year 2025
Tax Description UB FOR TAXATION ONLY NE 1/4 SEC 4-8N-8E LOT G (EXC S 26' THEREOF; ALSO EXC KNOXVILLE AVE ROW AS DESC
Tax Annual Amount 2931
Legal Description UB FOR TAXATION ONLY NE 1/4 SEC 4-8N-8E LOT G (EXC S 26' THEREOF; ALSO EXC KNOXVILLE AVE ROW AS DESC

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Building materials Vinyl Siding, Block
Roof type Composition
Listing Agency: eXp Realty
Listed By: Jill Barclay
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 17 at 12:06AM
MLS# PA1270191

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial building at 1624 N Knoxville Avenue in Peoria, Illinois, is classified for grocery and convenience store use and carries Commercial zoning. The property includes one bathroom and several parking spaces, with vinyl siding and block construction.

Building systems include forced-air heating powered by natural gas and central air conditioning. The property is served by public sewer and has a composition roof, providing a straightforward physical setup for commercial occupancy.

Key Highlights

  • Grocery and convenience store classification
  • Commercial zoning
  • One bathroom and several parking spaces

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,186
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

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 0.2 miles
Dunkin' Donuts Dining
9,010 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • El Paso Corp. 2103 n wisconsin ave, peoria, il 61603

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The building includes one bathroom, several parking spaces, and commercial zoning.
Where is this grocery and convenience store located?
The property is located at 1624 N KNOXVILLE Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Grocery and convenience store classification; Commercial zoning; One bathroom and several parking spaces
More about this property
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