PEORIA, IL PROFESSIONAL OFFICE BUILDING - IDEAL FOR MEDICAL USE

Friday, August 22, 2025 - 10:00 AM Central

Auction to be conducted as a live, online auction. If you need assistance with internet bidding, please contact our office at

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

INTERACTIVE AREA MAP


AREA MAP


AERIAL MAP


Bond Eye Associates

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