4410 N KNOXVILLE AVE Active

Peoria,IL 61614

$ 3350000

- Bed

- Bath

46620 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 46,620 sqft

Price per Sqft $71

MLS Listing ID PA1260449

Year Built 1966

Annual Tax Amount $86,604

Tax Year 2024

Lot Size 3.050 Acres

Property Sub-Type Commercial

Property Description

For the first time since its development, the Oak Cliff Park shopping center in Peoria, IL is being offered for sale. The property is a 46,620 SF neighborhood retail center with an additional land component, strategically positioned at the signalized intersection of Knoxville Avenue (IL-40) and Lake Avenue. Situated on 3.05 acres with 172 surface parking spaces, the Property consists of four meticulously maintained multi-tenant buildings that are currently 86% leased. Oak Cliff Park is anchored by Monical's Pizza—operating on a long-term lease through 2033—alongside a diverse mix of medical, service and retail tenants. With traffic counts exceeding 25,000 vehicles per day and strong neighborhood positioning, Oak Cliff Park represents a compelling opportunity to acquire a high-visibility, cash-flowing retail investment with value-add potential in the heart of Peoria's commercial corridor.

Location

State IL

County Peoria

Area Paar Area

Zoning C-1

Exterior

View true

View More
Favorite Go Tour