Search
Mixed-Use Building with Four Tenants
New
For Sale
$225,000

2433 N Knoxville Ave, Peoria, IL 61602

The building combines commercial storefront uses with a one-bedroom apartment and entrances from both Knoxville Avenue and Beverly Court.

Property Size6,160 SF
Lot Size0.31 Acres
Price / SF$36.53
Days on Market6

Property Features for 2433 N Knoxville Ave

General Information

Standard status Active
Size 6,160 SF
Lot size 0.31 Acres

Site & Location

Corner Location Yes
Traffic Count 23,000 vehicles/day
Road Access Yes

Additional Details

Gross Income $39,600

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball, Jessica Ball
Source: Schaublerealty
Added: Sep 19 Last Checked: Sep 24 at 1:45PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 6,160-square-foot mixed-use building occupies 0.31 acres at 2433 N Knoxville Ave in Peoria. The property includes four tenant spaces: a smoke shop, barber shop, cell phone store, and a one-bedroom, one-bathroom apartment. All occupants are on month-to-month arrangements and pay their own utilities.

The building sits at the corner of Knoxville Avenue and Beverly Court, with entrances on both roads. Knoxville Avenue is identified as Route 40, and the property records daily traffic of 23,000 based on the most recent IDOT data. The current configuration combines several commercial storefront uses with residential space in one property.

Key Highlights

  • 6,160‑square‑foot mixed‑use building on 0.31 acres
  • Four tenants: smoke shop, barber, cell phone store, and 1 bedroom, 1 bathroom apartment
  • Corner location at Knoxville Avenue (Route 40) and Beverly Court

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

ALL Wireless Telecommunications Service G&T Maintenance LLC, Logistics Company HH Tax Service Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Nail Salon

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

23,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 34% Home Improvements & Furnishings 2%
McDonald's Dining
24,776 visits/mo 0.2 miles
Shell Shops & Services
10,435 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
8,756 visits/mo 0.5 miles
BP Shops & Services
4,395 visits/mo 0.1 miles
Family Dollar Shops & Services
3,672 visits/mo 0.4 miles

Demographics for 61602, IL

1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines commercial storefront uses with a one-bedroom apartment and entrances from both Knoxville Avenue and Beverly Court.
Where is this mixed-use property located?
The property is located at 2433 N Knoxville Ave Peoria, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 6,160‑square‑foot mixed‑use building on 0.31 acres; Four tenants: smoke shop, barber, cell phone store, and 1 bedroom, 1 bathroom apartment; Corner location at Knoxville Avenue (Route 40) and Beverly Court
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message