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8610 Knoxville Ave
Peoria, IL 61615
8610 N Knoxville Ave · Land For Sale · 0.21 AC

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INVESTMENT HIGHLIGHTS

  • Prime hard-corner location with excellent street exposure
  • Convenient access to Knoxville Avenue and major highways
  • Ideal for retail, drive-thru, coffee shop, or billboard use
  • Strong surrounding demographics with high household income

EXECUTIVE SUMMARY

Positioned on a prominent hard corner along North Knoxville Avenue, this 0.21-acre parcel offers exceptional visibility and access in one of Peoria’s most active corridors. The site’s strategic location makes it an ideal candidate for a variety of development opportunities, including retail, quick-service restaurants, coffee shops, or even a high-impact billboard installation. With R-3 zoning currently in place, the property provides flexibility for residential or mixed-use concepts, while its frontage and traffic exposure create strong potential for commercial adaptation through rezoning.
Surrounding the site is a vibrant mix of residential neighborhoods and retail destinations, ensuring a steady flow of local and commuter traffic. Knoxville Avenue serves as a major arterial route connecting Peoria’s northern suburbs to downtown, offering seamless access to Interstate 74 and Route 150. Within a five-mile radius, the area boasts a population of over 112,000 residents with an average household income exceeding $84,000, underscoring strong consumer demographics for future businesses.
This parcel is not only competitively priced at $35,000 but also benefits from proximity to established anchors, schools, and healthcare facilities, making it a compelling choice for developers seeking a high-visibility site in a growth-oriented market. Whether you envision a boutique retail concept or a drive-thru destination, this location delivers the fundamentals for success.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.21 AC
Zoning R-3

1 LOT AVAILABLE

Lot

Price $48,263 CAD
Price Per AC $229,821.66 CAD
Lot Size 0.21 AC

Hard corner, 0.21 acre lot suitable for many development uses such as retail, drive thru restaurant or coffee shop, billboard, etc.. Zoning is currently R3 Single-Family Residential District (Medium Density).

DESCRIPTION

Hard corner, 0.21 acre lot suitable for many development uses such as retail, drive thru restaurant or coffee shop, billboard, etc.. Zoning is currently R3 Single-Family Residential District (Medium Density).

  • Listing ID: 37937296

  • Date on Market: 2025-10-03

  • Last Updated:

  • Address: 8610 Knoxville Ave, Peoria, IL 61615

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