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Retail/Office Building on Knoxville Avenue
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1916 Knoxville Ave, Peoria, IL 61603

11,410 SF retail/office building near downtown Peoria.

Property Size11,410 SF
Lot Size0.59 Acres
Price / SF$34.97
Days on Market2168

Property Features for 1916 Knoxville Ave

General Information

Standard status Active
Size 11,410 SF
Class B
Lot size 0.59 Acres
Property subtype Mixed Use, Office, Retail
Zoning CG & R4

Building Details

Year Built 1952
Year Renovated 1975
Buildings 3
Stories 2
Tenancy Single
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Crexi
Added: Sep 14, 2020 Changed: Aug 14 Last Checked: Aug 20 at 1:02PM

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 11,410 square foot retail and office building is available for sale on North Knoxville Avenue. The two-story building features 5,705 square feet per floor. The main floor is configured with large, open showroom areas. The upper level includes both open areas and private offices. An expansive window line facing Knoxville Avenue provides abundant natural light. The property is located one block from the new OSF St. Francis Midtown location and half a mile from downtown Peoria. The sale includes a 0.20-acre residential parcel directly behind the building, resulting in a total acreage of 0.59 acres for both parcels. The property at 1907 N Dechman Ave can be sold separately. The building benefits from a City Incentive through the East Village TIF District.

Key Highlights

  • Prime location: Just 1 block from OSF St. Francis Midtown and 1/2 mile from downtown Peoria.
  • Large 11,410 SF retail/office building with two levels.
  • Includes additional 0.20 acre residential parcel behind the building (0.59 acres total).

Property Analytics

Current Use

Cooper Hawaiian Antique Home Decor Store

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Auto Parts Store Gym & Fitness Center Nail Salon HVAC Service

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

937
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Shops & Services 24% Home Improvements & Furnishings 1% Electronics 1%
McDonald's Dining
24,776 visits/mo 0.2 miles
Taco Bell Dining
14,276 visits/mo 0.2 miles
Starbucks Dining
11,112 visits/mo 0.4 miles
Shell Shops & Services
10,435 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,010 visits/mo 0.4 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?
Mixed-use property - 11,410 SF retail/office building near downtown Peoria.
Where is this mixed-use property located?
The property is located at 1916 Knoxville Ave Peoria, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime location: Just 1 block from OSF St. Francis Midtown and 1/2 mile from downtown Peoria.; Large 11,410 SF retail/office building with two levels.; Includes additional 0.20 acre residential parcel behind the building (0.59 acres total).
(309) 643-0717 Call to check price and availability
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