Outlots at Knoxville Crossing

N. Knoxville Avenue Peoria, IL 61615

N. Knoxville Avenue, Peoria, IL, 61615
N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615 N. Knoxville Avenue, Peoria, IL, 61615
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jun 01, 2026

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Highlights

  • Up to 2.68 Acres with Alta Road frontage
  • ±4.6 Acres with Centerway Drive frontage
  • C2 zoning allows for various commercial uses
  • Strategically located near Interstate access

Description

Presenting an exceptional opportunity for retail and commercial development in the heart of the Peoria area. Up to 2.68 acres of land with Alta Road frontage and ±5 acres with Centerway Drive frontage, offers unlimited potential for a wide range of ventures. Zoned C2, the property permits a diverse array of uses, including department store retail, specialty retail, drive-in/drive-thru capabilities, heavy equipment sales, building material yards, and distribution-related commerce. With strategic proximity to Interstate access, this prime location is poised to become a thriving hub for commercial activity. Don't miss the chance to shape the future of this dynamic commercial landscape.

Knoxville Crossing development offers a premier retail position in North Peoria’s high-growth corridor. The site is anchored by a flagship Schnucks, a destination supermarket featuring rare amenities like a full-service sushi bar, in-store dining, and a drive-thru pharmacy. This vibrant commercial hub is shared with established national brands including Potbelly Sandwich Shop, Verizon, and Great Clips, creating a consistent draw for the surrounding affluent residential neighborhoods.
The location's strength is defined by its superior connectivity, situated at the strategic intersection of Knoxville Avenue (IL-40) and Alta Road, just moments from the Route 6 interchange. This accessibility has sparked significant surrounding development, including neighbors like Walgreens, CVS, and OSF Urgo, alongside several prime outlots designated for future multi-family residential and retail expansion. Positioned near the thriving Dunlap area, this site represents the epicenter of North Peoria’s modern retail and service landscape.

Building Size: 491357sq ft
Lot Size: 7.0 acres


Documents

Knoxville Crossing Outlots

Map of N. Knoxville Avenue, Peoria, IL, 61615

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.