Peoria, IL Commercial Real Estate for Rent and Sale

Search 179 commercial real estate listings in Peoria, IL and find helpful local stats in the Market Overview section below.

1901 N Sheridan Rd

1901 N Sheridan Rd, West Bluff, Peoria, IL
Property

Office

9,156 SF
Year Built

1970
For Sale

$179,900
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Medina Plains-Lot # 15

2900 W Townline Raod, Northwest Peoria, Peoria, IL
Property

Land

1.95 Acre
For Sale

$361,004
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5001 N Big Hollow Rd

5001 N Big Hollow Rd, Northwest Peoria, Peoria, IL
Property

Retail

46,430 SF
Availability

1 Space

46,430 SF
Year Built

2003
For Lease

$15.00/SF/YR
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Trailcreek

900 W. Trailcreek Drive, North Peoria, Peoria, IL
Property

VacantLand
For Sale

$703,494
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Office Coworking Retail Industrial

Office Retail Industrial Land
1605 W Candletree Drive

1605 W Candletree, Ste #101, North Peoria, Peoria, IL
Property

Office

1,200 SF
Year Built

1979
For Sale

$94,000
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7916 N Hale Ave

7916 N Hale Ave, North Peoria, Peoria, IL
Property

Retail

10,980 SF
Availability

2 Spaces

3,055 SF
For Lease

$12.00/SF/YR
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7915 N Hale

7915 N Hale, North Peoria, Peoria, IL
Property

Office

80,288 SF
Availability

1 Space

80,288 SF
Year Built

1975
For Lease

$9.00/SF/YR
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Freestanding Multi-Tenant Retail Building with Drive-Thru | Jimmy John's, Merle Norma, Cosmetics, The Popcorn Shop

4700 N University St, Central Peoria, Peoria, IL
Property

Retail

4,971 SF
For Sale

$1,280,000
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606 W. Fayette Street

606 W. Fayette Street, Downtown Peoria, Peoria, IL
Property

Office

16,000 SF
For Sale

$1,280,000
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Lot #6 - Pioneer Parkway @ Allen Road

2401 W Pioneer Pkwy, North Peoria, Peoria, IL
Property

Land

1.3 Acre
For Sale

$679,536
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Medina Plains-Lot #10

2900 W Townline Road, Northwest Peoria, Peoria, IL
Property

Land

4.04 Acre
For Sale

$791,920.8
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201 NE Adams St.

201 NE Adams St., Downtown Peoria, Peoria, IL
Property

Office

12,658 SF
For Sale

$749,000
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4425 N Prospect Rd

4425 N Prospect Rd, Peoria Heights, IL
Property

Office

64,000 SF
Availability

1 Space

46,800 SF
Year Built

2025
For Lease Contact for pricing
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8817 N. Knoxville Ave

8817 N. Knoxville Ave, North Peoria, Peoria, IL
Property

Retail

153,090 SF
Availability

5 Spaces

119,705 SF
For Lease Contact for pricing
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Sterling Plaza

3701 N Sterling Ave, Central Peoria, Peoria, IL
Property

Office

52,060 SF
Availability

3 Spaces

7,675 SF
Year Built

1969
For Lease

$6.00 - $12.00/SF/YR
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5901 N Prospect ave

5901 N Prospect ave, Central Peoria, Peoria, IL
Property

Office

105,557 SF
Availability

15 Spaces

27,959 SF
Year Built

1962
For Lease Contact for pricing
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2305 W Altorfer Dr

2305 W Altorfer Dr, North Peoria, Peoria, IL
Property

Office

11,030 SF
Year Built

1985
For Sale

$795,000
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7013 N. Stalworth Drive

7013 N Stalworth Dr, Northwest Peoria, Peoria, IL
Property

Office

5,620 SF
Availability

1 Space

5,620 SF
For Lease

$13.00/SF/YR
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9118 N. Lindbergh Drive

9118 N. Lindbergh Drive, North Peoria, Peoria, IL
Property

Office

4,193 SF
For Sale

$700,000
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5514 West War Memorial Drive

5514 West War Memorial Drive, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$2,901,096
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Commercial Real Estate Listings in Peoria, IL

The Peoria real estate market has a lot to offer. You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Peoria, IL Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 63 2,000,350 Sq. Ft.

Retail 53 3,315,841 Sq. Ft.

Industrial 16 946,762 Sq. Ft.

CRE for Rent in Peoria, IL by Use Type

Office

31.94%

Retail

52.94%

Industrial

15.12%

Top Locations for Commercial Space in Peoria, IL

Depending on the type of space that you’re looking for, different areas of Peoria may suit your needs differently. The city’s Central Peoria neighborhood has the highest concentration of CRE listings, offering 80 availabilities on the market. The North Peoria neighborhood is home to the second-largest number of leasing opportunities — 71 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Peoria.

Top Locations for CRE Listings in Peoria, IL

Neighborhood with most CRE Listings No. of Spaces

Central Peoria 80

North Peoria 71

Downtown Peoria 52

Top Locations for Office Listings in Peoria, IL

Neighborhood with most Office Listings No. of Spaces

Downtown Peoria 49

Central Peoria 35

North Peoria 25

Areas with numerous industrial properties are also more likely to be well-connected logistically. The South Peoria area is the local Peoria submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Peoria, you’ll find the most such opportunities for lease to be in Central Peoria.

Top Locations for Industrial Listings in Peoria, IL

Neighborhood with most Industrial Listings No. of Spaces

South Peoria 5

North Peoria 5

Far North Peoria -

Top Locations for Retail Listings in Peoria, IL

Neighborhood with most Retail Listings No. of Spaces

Central Peoria 45

North Peoria 40

Northwest Peoria 33

Commercial Real Estate for Sale in Peoria, IL

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 1,670,964 square feet of commercial property for sale in Peoria. The largest investment opportunity on the local market offers 491,357 square feet of earning potential.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Peoria, IL

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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