7131 N Knoxville Ave, Peoria, IL, 61614

Description

14,427 SF Office Building situated on a large 2.63-acre site.
Built in 1950 with numerous updates and well-maintained throughout.
Perfect opportunity for an owner/user seeking to occupy part of the building while generating income from existing tenants.
Development upside: Ample site size allows potential to construct an additional building.
Property is currently configured with four commercial units.
Existing tenants in place provide stable income: Central Illinois Orthodontics Associates (lease through 8/31/2028) & Hawke Media (lease through 5/31/2028).
Two units available:
1,350 SF space available now — mostly open layout with reception area. Recently updated with new carpet, Electrical/data wiring.
5,393 SF space available January 2026 — includes reception, 10 private offices, conference room, 19 workstations, lunchroom, file/copy room, and 2 restrooms.
Recent capital improvements include: Roof sealed (2023),
Parking lot resurfaced (2024).
Common areas and restrooms fully remodeled (2024).
High-visibility location on Knoxville Avenue with approx. 25,600 CPD.
Abundant parking with 60+ spaces.
Full financials available upon request.

1,350 SF -5,393 SF office space for lease on Knoxville Ave.
1,350 SF is mostly open space with a reception area set up in the front.
5,393 SF space is setup with a reception/waiting area, 10 private offices, 1 conference room, 19 equipped work stations, large lunch room, file/copy room and two restrooms.
Space is available with furniture if needed.
Knoxville address with 25,600 CPD.
Other building tenants include Central Illinois Orthodontics Associates and the MCOMM Group.
Abundant parking with 60+ spaces
Private covered deck on the north end offers additional outdoor area.
Spaces are currently occupied and require 24 hours notice for showings.
LEASING INCENTIVES: 3 months free for any new 3 year lease or 5 months free for any 5 year lease signed before 2/28/26. Call agent for 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.

Documents

Units for Lease