Listing Agency: RE/MAX Traders Unlimited

Listed By: Mike O'Bryan

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:59PM

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Investment Insights

Based on property information with market context.

This retail property is located at 1835 N. Knoxville Avenue in Peoria, Illinois. The offering includes approximately 5,100 square feet of retail space and reflects an 11.97% capitalization rate.

Key Highlights

• 5,100 SF of retail space
• 11.97% CAP
• 1835 N. Knoxville Avenue, Peoria, IL 61603

Property Analytics

Property Profile

Current Use

Myah's II Learning ... Daycare Center Plaid Daisy Department Store

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Auto Parts Store Electrical Service Nail Salon Storage Facility

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

1,840

Businesses Nearby

107k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 77% Shops & Services 22% Electronics 1%

McDonald's Dining

24,776 visits/mo 0.4 miles

Taco Bell Dining

14,276 visits/mo 0.1 miles

Starbucks Dining

11,112 visits/mo 0.2 miles

Shell Shops & Services

10,435 visits/mo 0.1 miles

Dunkin' Donuts Dining

9,010 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 - Retail property located along N. Knoxville Avenue in Peoria, Illinois.

Where is this retail space located?

The property is located at 1835 N Knoxville Avenue Peoria, IL.

What are key features of this property?

This property features: 5,100 SF of retail space; 11.97% CAP; 1835 N. Knoxville Avenue, Peoria, IL 61603