7131 Knoxville
Owner/User Opportunity with Income & Expansion Potential
Marketing description
14,427 SF Office Building situated on a large 2.63-acre site.
Built in 1950 with numerous updates and well-maintained throughout.
Perfect opportunity for an owner/user seeking to occupy part of the building while generating income from existing tenants.
Development upside: Ample site size allows potential to construct an additional building.
Property is currently configured with four commercial units.
Existing tenants in place provide stable income: Central Illinois Orthodontics Associates (lease through 8/31/2028) & Hawke Media (lease through 5/31/2028).
Two units available:
1,350 SF space available now — mostly open layout with reception area. Recently updated with new carpet, Electrical/data wiring.
5,393 SF space available January 2026 — includes reception, 10 private offices, conference room, 19 workstations,
lunchroom, file/copy room, and 2 restrooms.
Recent capital improvements include: Roof sealed (2023), Parking lot resurfaced (2024).
Common areas and restrooms fully remodeled (2024).
High-visibility location on Knoxville Avenue with approx. 25,600 CPD.
Abundant parking with 60+ spaces.
Full financials available upon request.
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