Knoxville Plaza

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

2014-2016 N. Knoxville Ave. , Peoria, IL, 61603
2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603 2014-2016 N. Knoxville Ave. , Peoria, IL, 61603
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$899,000
Last Verified:
Feb 20, 2026

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Highlights


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.

Introducing a prime leasing opportunity at 2014-2016 N. Knoxville Ave., Peoria, IL. This 2,723 sf office/retail space boasts private offices, a welcoming lobby, and ample work rooms, all complemented by an abundance of natural light streaming in through the large windows. Offering convenient access to hospitals, retail centers, and nearby office complexes, this property also features a spacious parking lot with direct storefront access. With negotiable TI allowance and rent abatement, along with a full 5% commission to outside brokers, this space presents an ideal canvas for your business needs.

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.


Year Built: 1995
Building Size: 6119sq ft
Building Class: B
Lot Size: 0.84 acres


Documents

2016A Knoxville Lease
2014-2016 Knoxville Sale

Units for Lease

2016A Knoxville Ave.
Space Available: 2723 SF
Lease Type: NNN

Price Per Sqft/Year: $10.00

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

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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