Peoria, IL Commercial Real Estate for Rent and Sale

Search 166 commercial real estate listings in Peoria, IL and find helpful local stats in the Market Overview section below.

214 Pecan St.

214 Pecan St., South Peoria, Peoria, IL
Property

Office

6,100 SF
Availability

1 Space

6,100 SF
Year Built

1920
For Lease

$11.75/SF/YR
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3615 N. Wisconsin Ave.

3615 N. Wisconsin Ave., Central Peoria, Peoria, IL
Property

Retail

6,269 SF
Availability

1 Space

4,269 SF
For Lease Contact for pricing
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Wood Sage Road Lots

5423 W Wood Sage Rd, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$5,656,483.9
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Twin Towers, Suite 345

456 Fulton Street, Suite 345 (#C3D), Downtown Peoria, Peoria, IL
Property

Office

10,812 SF
Availability

1 Space

10,821 SF
For Lease

$12.00/SF/YR
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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Industrial Land
428 SW WASHINGTON ST

428 SW WASHINGTON ST, Downtown Peoria, PEORIA, IL
Property

Retail

6,400 SF
Availability

1 Space

1,586 SF
Year Built

1970
For Lease

$14.00/SF/YR
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Twin Towers Residential Units

123 & 125 SW Jefferson Avenue, Downtown Peoria, Peoria, IL
Property

Multi-Family
For Sale

Based on Quantity
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Medina Plains

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

Land

318 Acre
For Sale Contact for pricing
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2619 & 2621 N. University Street

2619 & 2621 N. University Street, Central Peoria, Peoria, IL
Property

Retail

8,270 SF
Availability

2 Spaces

1,740 SF
For Lease

$750.00/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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707 East Poplet Hollow Road

707 East Poplet Hollow Road, North Peoria, Peoria, IL
Property

VacantLand
For Sale

$35,000
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7013 N. Stalworth Drive

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

Office

5,620 SF
For Sale

$795,000
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Route 150

Route 150, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$500,000
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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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715 Western Ave Peoria

715 Western Ave Peoria, West Peoria, Peoria, IL
Property

Retail

3,214 SF
Availability

1 Space

3,214 SF
For Lease

$15.70/SF/YR
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2200 W War Memorial Dr

2200 W War Memorial Dr, Central Peoria, Peoria, IL
Property

Retail

574,910 SF
Availability

5 Spaces

94,795 SF
Year Built

1972
For Lease Contact for pricing
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North Orange Prairie Road

North Orange Prairie Road, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$3,314,044.8
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1315 W Commerce Drive

1315 W Commerce Drive, North Peoria, Peoria, IL
Property

Office

12,165 SF
Year Built

2003
For Sale

$1,887,000
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Cornerstone Court

Cornerstone Court, North Peoria, Peoria, IL
Property

VacantLand
For Sale

$411,642
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5201 W War Memorial Drive

5201 W War Memorial Drive, Northwest Peoria, Peoria, IL
Property

Retail

468,520 SF
Availability

1 Space

153,018 SF
For Lease Contact for pricing
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9031 Allen Road

9031 Allen Road, Northwest Peoria, Peoria, IL
Property

Retail

10,880 SF
Availability

1 Space

3,600 SF
For Lease

$18.00/SF/YR
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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 52 1,594,386 Sq. Ft.

Retail 50 3,052,489 Sq. Ft.

Industrial 12 475,912 Sq. Ft.

CRE for Rent in Peoria, IL by Use Type

Office

31.12%

Retail

59.59%

Industrial

9.29%

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 76 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 76

North Peoria 71

Downtown Peoria 38

Top Locations for Office Listings in Peoria, IL

Neighborhood with most Office Listings No. of Spaces

Downtown Peoria 35

Central Peoria 34

North Peoria 24

Areas with numerous industrial properties are also more likely to be well-connected logistically. The North 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

North Peoria 5

South Peoria 3

Far North Peoria -

Top Locations for Retail Listings in Peoria, IL

Neighborhood with most Retail Listings No. of Spaces

Central Peoria 42

North Peoria 41

Northwest Peoria 28

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 1,262,406 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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