• 7131 N Knoxville Ave, Peoria, IL 61614

For Sale

Office

For Sale

This property is available for sale
14,427
SF
$1,400,000
Sale Price
  • Year Built
    1950
  • Overview

    KELLAR HEIGHTS SE 1/4 SEC 8-9-8E BEG NE COR LOT 43: TH S 249.14' W 409.28' NW 274.,5' E 523.97' TO POB BEING ALL LOTS 28 THRU 32, 41 THRU 43, PT LOTS 16, 17 & & PT VAC KERWOOD DR ADJ THERETO Income producing commercial property for sale. 14,427 SF office building constructed in 1950. Large 2.63 acre site offers ability to construct another building onsite. Property is set up with four commercial units with three long term leases currently in place. One vacant 1,350 SF space for lease. Existing tenants include Central Illinois Orthodontics Associates (12-31-2025), MCOMM Group (5-31-2025) and Gallagher Insurance Risk Management & Consulting. (12-31-2025). Located on Knoxville Ave. with approximately 25,600 SF CPD. Abundant parking with 60+ spaces. Full financials available upon request to qualified buyers with a signed confidentiality agreement.

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For Lease

Office

7131 Knoxville

Available now!
1,350
Square feet
$1,500
Per month
  • Time on Market
    over 3 years
  • Space ID
    2014952
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Property Details

KELLAR HEIGHTS SE 1/4 SEC 8-9-8E BEG NE COR LOT 43: TH S 249.14' W 409.28' NW 274.,5' E 523.97' TO POB BEING ALL LOTS 28 THRU 32, 41 THRU 43, PT LOTS 16, 17 & & PT VAC KERWOOD DR ADJ THERETO Income producing commercial property for sale. 14,427 SF office building constructed in 1950. Large 2.63 acre site offers ability to construct another building onsite. Property is set up with four commercial units with three long term leases currently in place. One vacant 1,350 SF space for lease. Existing tenants include Central Illinois Orthodontics Associates (12-31-2025), MCOMM Group (5-31-2025) and Gallagher Insurance Risk Management & Consulting. (12-31-2025). Located on Knoxville Ave. with approximately 25,600 SF CPD. Abundant parking with 60+ spaces. Full financials available upon request to qualified buyers with a signed confidentiality agreement.

  • Property Type
    Office
  • Year Built
    1950
  • Sale Price
    $1,400,000
  • Total Building Size
    14,427RSF
  • Total Available
    1,350RSF
  • Largest Contiguous
    1,350RSF
  • Building Class
    B
  • Sale Status
    Available
  • Property ID
    2169639