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.
Property Features
Based on information submitted to the MLS GRID as of 2025-12-19 02:33:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-19 02:33:00
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008