6800 N Knoxville Ave, Peoria, IL 61614 - Peoria County

SELLER

Bond Eye Associates

MANAGED BY

Isaac Taber (309) 335-8081

Kevin Haas (309) 264-7767

OPEN HOUSE

Thursday, July 24 6:00 PM - 8:00 PM

Saturday, August 9 10:00 AM - 12:00 PM

Wednesday, August 13 6:00 PM - 8:00 PM

LOCATION & GENERAL INFORMATION

37,897 Sq Ft Lot 1 tract

Well located professional office building with 2 suites, each with a private entrance, provides unlimited future business opportunities. Situated on one of the highest traffic locations in the Greater Peoria Area. This is a must-see property!

Physical Address: 6800 N Knoxville Ave, Peoria, IL 61614

TRACT INFORMATION

Property Overview:

Freestanding, fully built-out medical office building

Total area: 6,900 square feet

Situated on a 0.87-acre lot (37,897 square feet)

Zoned O-1 Arterial Office District permitted for medical and professional services

Ideal for healthcare providers or professional office users

Move-in ready with potential for customization

Ample paved parking 40 spaces

High visibility with 23,800 average daily traffic on Knoxville Avenue

Handicap accessible

All city utilities and services available

Building Configuration:

2 fully built-out suites with:

Private entrances for each suite

Interior connecting door for optional shared access

Separate utility meters for electric and gas

Suite A (South Side):

Total area: 4,884 square feet

7 exam rooms

Reception area

2 waiting areas

Employee lounge

Conference room

5 additional offices/procedure rooms

2 restrooms

Suite B (North Side):

Total area: 2,016 square feet

5 exam/procedure rooms

Reception area

Waiting area

2 restrooms

Building Features:

All-brick exterior construction

Steel trusses and joists

Steel stud interior partition walls

Thermal pane fixed windows

High-grade commercial entry doors

Drop ceilings

LED indirect lighting

Ceramic tile flooring in entryways and restrooms

High-quality commercial grade carpet throughout

Wet sprinkler system

Security camera system

Irrigation system

Mechanical & Utility Systems:

High-efficiency HVAC system

5 air conditioning units

Natural gas heating (separately metered)

Electrical:

800 amp, 3-phase service

Separate electric meters for each suite

METHOD & TERMS

The office building will be sold for a lump sum or total dollar amount.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Tuesday, September 30, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes, due and payable in 2025 before closing. 2025 real estate taxes due in 2026 will be prorated to the date of closing and buyer will receive a credit at closing based on the best available information. Utilities will be prorated to the date of closing. Possession at closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

PIN 14-09-352-066 - $31,779.34

Representing Attorney:

Bret P. Coale | Hughes, Tenney, Postlewait, & Coale LLC

101 S Main St., Suite 300, Decatur IL 62523 | (217) 428-5383

Auction Managers:

Isaac Taber (309) 335-8081

Kevin Haas (309) 264-7767