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    7131 N Knoxville Ave Peoria, IL 61614

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    For Lease
    $1,250,000

    Office spaces available for lease on Knoxville Avenue in Peoria.

    Property size:
    5,393 SF
    Lot size:
    2.63 Acres

    Property Features for 7131 N Knoxville Ave

    General Information

    Size
    5,393 SF
    Lot size
    2.63 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space on Knoxville Avenue

    Office spaces ranging from 1,350 to 5,393 square feet are available for lease on Knoxville Avenue. One space of 1,350 square feet features a mostly open layout with a reception area at the front. The larger 5,393-square-foot space includes a reception/waiting area, 10 private offices, a conference room, 19 equipped workstations, a large lunch room, a file/copy room, and two restrooms. Furniture is available if needed. The location on Knoxville Avenue benefits from a traffic count of 25,600 CPD. Other tenants in the building include Central Illinois Orthodontics Associates and the MCOMM Group. The property offers abundant parking with over 60 spaces. A private covered deck on the north end provides additional outdoor area. The spaces are currently occupied, and showings require 24 hours' notice.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sinclair Craig A DDS Orthodontist Central Illinois Orthodontics Orthodontist The Hawk Insurance Agency Gallagher Insurance, Risk ... Insurance Broker Mcomm Group Marketing Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6038012
    Latitude
    40.7741279

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    FAQs

    What type of property is this?
    Office space - Office spaces available for lease on Knoxville Avenue in Peoria.
    Where is this office space located?
    The property is located at 7131 N Knoxville Ave Peoria, IL.
    What are key features of this property?
    This property features: - Flexible office space options available, ranging from 1,350 SF to 5,393 SF.; - High-traffic Knoxville Ave address with 25,600 CPD.; - Abundant parking with 60+ spaces.
    (309) 643-0717
    Request Owner's contact information
    7131 N Knoxville Ave Peoria, IL 61614
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    Peoria, IL 61614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7131 N Knoxville Ave Peoria, IL 61614
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