Peoria, IL Commercial Real Estate for Rent and Sale

Search 168 commercial real estate listings in Peoria, IL and find helpful local stats in the Market Overview section below.

1924 SW Adams St

1924 SW Adams St, South Peoria, Peoria, IL
Property

Multi-Family

8,000 SF
For Sale

$360,000
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322 E War Memorial Dr

322 E War Memorial Dr, Central Peoria, Peoria, IL
Property

Office

7,452 SF
Availability

1 Space

2,150 SF
Year Built

1965
For Lease

$12.50/SF/YR
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N. Centerway Drive

N. Centerway Drive, Far North Peoria, Peoria, IL
Property

VacantLand
For Sale

$2,198,038
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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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Office Coworking Retail Industrial

Office Retail Industrial Land
Medina Plain- Lot # 7

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

Land

1.69 Acre
For Sale

$331,273.8
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1014 W Pioneer Parkway

1014 W. Pioneer Parkway, North Peoria, Peoria, IL
Property

Office

20,160 SF
Availability

3 Spaces

16,770 SF
Year Built

1957
For Lease

$8.00 - $12.00/SF/YR
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Industrial Flex Building

906 - 924 W. Detweiller Drive, North Peoria, Peoria, IL
Property

Industrial

31,400 SF
Year Built

1966
For Sale

$1,600,000
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1209 SW Adams St

1209 SW Adams St, South Peoria, Peoria, IL
Property

Office

800 SF
For Sale

$149,000
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2390-2404 West Nebraska Avenue

2390-2404 West Nebraska Avenue, Central Peoria, Peoria, IL
Property

Office

9,000 SF
Availability

4 Spaces

10,937 SF
For Lease

$1,500.00 - $5,096.00/MO
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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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7205 - 7207 North Allen Road

7205 - 7207 North Allen Road, Northwest Peoria, Peoria, IL
Property

Office

3,500 SF
Availability

1 Space

3,500 SF
For Lease

$14.00/SF/YR
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2504 W Rohmann

2504 W Rohmann , West Peoria, Peoria, IL
Property

Retail

4,284 SF
Year Built

1940
For Sale

$149,000
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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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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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840-908 SW Washington

840-908 SW Washington, South Peoria, Peoria, IL
Property

Industrial

55,632 SF
For Sale

$799,000
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1300 W Commerce Dr

1300 W Commerce Dr, North Peoria, Peoria, IL
Property

Office

11,892 SF
Availability

1 Space

7,440 SF
Year Built

2005
For Lease

$12.50/SF/YR
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W Hickory Grove Rd

W Hickory Grove Rd, Far North Peoria, Dunlap, IL
Property

VacantLand
For Sale

$850,000
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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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Strong Business Center

3100 Knoxville, Central Peoria, Peoria, IL
Property

Office

39,000 SF
Availability

8 Spaces

7,331 SF
Year Built

1954
For Lease Contact for pricing
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Windsor Square

7318 North University St., North Peoria, Peoria, IL
Property

Retail

15,600 SF
Availability

2 Spaces

2,400 SF
Year Built

1960
For Lease

$12.00/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 60 1,986,818 Sq. Ft.

Retail 50 3,007,582 Sq. Ft.

Industrial 16 967,078 Sq. Ft.

CRE for Rent in Peoria, IL by Use Type

Office

33.33%

Retail

50.45%

Industrial

16.22%

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 Central 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 37

Top Locations for Office Listings in Peoria, IL

Neighborhood with most Office Listings No. of Spaces

Central Peoria 36

Downtown Peoria 36

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 43

North Peoria 40

Northwest Peoria 30

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 1,753,187 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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