1509 N KNOXVILLE AVE Peoria IL 61603-3021

The Spurk Mansion is an opportunity for redevelopment/renovation. This historic structure was originally a home and then over the years converted to multi-family units. Located on North Knoxville just a stone’s throw away from downtown hospitals, 1509 N Knoxville sits among a healthy stretch of national brands; Starbucks Coffee, Dunkin Donuts & Baskin Robbins, Firestone Auto Care, etc. High visibility and easy access to/from Interstate 74.

There are original architectural elements with a stockpile of extra slate roofing stored in the basement.

In 2019, prior to the Seller’s ownership, a fire in the first floor studio unit closed the property down. The Seller saved it from the wrecking ball and is happy to share their materials to the next owner; ALTA survey, structural reports, etc.

Sold As-Is. No utilities are on.

INCENTIVE: East Village Tax Increment Financing (TIF) District