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Midtown Plaza

$1,690,000

1800 Knoxville Avenue, Peoria, IL 61603

Active
Last Updated: 11/03/2025

6.5

Cap Rate

109,690

NOI

Details:
Cap Rate:    6.5%
NOI:    $109,690
Building Size:    8,900 sqft
Lot Area:    0.82 acres
Occupancy:    100%
Year Built:    2005
Tenancy:    Multiple
Highlights:
  • BELOW MARKET IN PLACE RENTS | 2.4 YEAR WALT
  • DIVERSE TENANT LINEUP & INCOME STREAM
  • DOMINANT MEDICAL SYSTEM SHADOW ANCHOR | OSF HEALTHCARE
  • DIRECT EXPOSURE TO KNOXVILLE ROAD | PROXIMITY TO INTERSTATE 74
  • 1.5 MILES FROM DOWNTOWN PEORIA | 76% INCREASE IN DAYTIME POPULATION
Description:

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 1800 Knoxville Avenue, Peoria, IL. The offering represents an opportunity to acquire a 100% occupied 7-unit retail building with direct exposure to Knoxville Avenue.

Map:
Documents:
Title
Midtown_Plaza_-_Flyer.pdf
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Midtown_Plaza_-_OM.pdf
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