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Knoxville Plaza

$899,000

2014-2016 N. Knoxville Ave., Peoria, IL 61603

Active
Last Updated: 02/20/2026

6,119 sqft

Building Size

0.84 acres

Lot Area

Details:
Building Size:    6,119 sqft
Lot Area:    0.84 acres
Occupancy:    55.5%
Class:    B
Units:    3
Year Built:    1995
Floors:    1
Highlights:
  • 6,119 SF NNN Retail/Office Center
  • Built in 1995, renovated in 2016
  • Zoned CG General Commercial District
  • 55.5% occupancy
  • Landlord responsible for structural & roof
  • Abundant shared parking for tenants and patrons
  • Excellent visibility and high traffic counts
  • Owner willing to provide up to 1-year leaseback option
Description:

Introducing a prime investment opportunity at 2014-2016 N. Knoxville Ave., Peoria, IL. This 6,119 SF building, comprising 3 units, offers a lucrative prospect for office building investors. Built in 1995 and recently renovated in 2016, the property is well-maintained and zoned as a CG General Commercial District. Currently boasting a 55.5% occupancy rate, it presents a solid foundation for future growth. With NNN Retail/Office Center attributes, abundant parking, high visibility, and monument signage on Knoxville Avenue, this property is designed to attract tenants. Furthermore, the owner is willing to provide a convenient up to 1-year leaseback option, adding an attractive incentive for potential buyers.

Located less than a mile from OSF St. Francis Medical Center, OSF Healthcare Children's Hospital of Illinois, Carle Health Methodist Hospital, and Ronald McDonald House Charities of Central Illinois. This location is surrounded by established residential neighborhoods, office/retail complexes, and restaurant establishments.

Map:
Documents:
Title
2016A Knoxville Lease
View
2014-2016_Knoxville_Sale.pdf
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Location
Gallery