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1506 N KNOXVILLE AVE Peoria, IL 61603
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Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PA1254333
Sold Date 12/05/25
Annual Tax Amount $12,094
Tax Year 2023
Lot Size 1.750 Acres
Acres 1.75
Property Sub-Type Commercial
Source rmlsa
Property Description
Prime commercial land, cleared and ready for development that includes the entire block located at the intersection of Knoxville Avenue (Route 40) and Pennsylvania Avenue. This block sits directly across the street from the OSF hospital campus and the I-74 Knoxville Exit. These 8 parcels total 1.75 acres, zoned CG General Commercial. Property is located in the East Village Growth Cell - TIF (2034) offering developers many significant incentives - more info on TIF in Associated Docs. Parcel list - 18-04-251-002, 18-04-251-003, 18-04-251-004, 18-04-251-007, 18-04-251-008, 18-04-251-006, 18-04-251-001 and 18-04-251-005.
Location
State IL
County Peoria
Area Paar Area
Zoning Commercial
Direction Corner of Knoxville and Pennsylvania
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View true
Garage 1
Building
Lot Description Level
Faces Corner of Knoxville and Pennsylvania
Sewer Public Sewer
Water Municipal/City
Others
Tax ID 18-04-251-007
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