4410 N Knoxville Avenue, Peoria, IL 61614

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List Price
$2,825,000
Price Change
▼ $275,000 1782506743
MLS#
PA1260449
Status
ACTIVE
Acres
3.05
Year Built
1966
Municipality
PAAR Area
County
Peoria
Listing 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.

Listing courtesy of Listing Agent: Michael Kolbus (michaelkolbus@tradersunlimited.net) from Listing Office: RE/MAX Traders Unlimited.

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