Peoria Medical Facility For
For Sale
Contact for pricing
Pending
2419 W Cornerstone Ct, Peoria, IL 61614
Single-tenant medical facility in Peoria, Illinois, leased to Springfield Clinic.
Property Size16,133 SF
Lot Size6.20 Acres
Days on Market190
Property Features for 2419 W Cornerstone Ct
General Information
Standard status
Pending
Size
16,133 SF
Class
A
Lot size
6.20 Acres
Property subtype
Office
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$475,101
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Jeffrey Cicurel · License #SL3541410
Source:
Crexi
Added: Feb 2
Changed: Aug 8
Last Checked: Aug 10 at 1:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
The property at 2419 W Cornerstone Ct, Peoria, IL, is a single-tenant medical facility constructed in 2017. It is currently leased to Springfield Clinic, LLP, with approximately 13.0 years remaining on the lease. The lease includes 2.50% annual rent increases and three five-year renewal options. The property functions as a dedicated women's health center for Springfield Clinic, a large private multispecialty medical clinic established in 1939 with over 650 physicians serving around one million patients in central Illinois. The facility is located in Peoria, a primary medical hub for Central Illinois, within a major retail corridor with direct access via N Allen Road, which experiences over 20,000 vehicles per day. The surrounding area has strong demographics, with an average household income of $98,806 within a three-mile radius. The property is situated on a 6.2-acre parcel. The city's economy is supported by a strong healthcare sector, including major systems like OSF HealthCare and Carle Health. The area is experiencing significant investment, including the recently opened $237 million OSF HealthCare Cancer Institute. The building size is 16133 square feet.
Key Highlights
- Long‑term lease (13 years remaining) with Springfield Clinic.
- Located in Peoria, the primary medical hub for Central Illinois.
- Purpose‑built in 2017 as a dedicated women's health center.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61614, IL
27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant medical facility in Peoria, Illinois, leased to Springfield Clinic.
Where is this medical office space located?
The property is located at 2419 W Cornerstone Ct Peoria, IL.
What is the asking price?
The asking price for this property is $7,918,000.
What are key features of this property?
This property features: Long‑term lease (13 years remaining) with Springfield Clinic.; Located in Peoria, the primary medical hub for Central Illinois.; Purpose‑built in 2017 as a dedicated women's health center.**
