Peoria, IL Commercial Real Estate for Rent and Sale

Search 169 commercial real estate listings in Peoria, IL and find helpful local stats in the Market Overview section below.

Landmark Recreation Center

3225 N Dries Ln, Central Peoria, Peoria, IL
Property

Other

175,102 SF
Year Built

1979
For Sale Contact Broker
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Medina Plains- Lot #18

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

Land

1.95 Acre
For Sale

$361,004
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800-825 SW Adams St.

800-825 SW Adams St., South Peoria, Peoria, IL
Property

Office

109,224 SF
Availability

2 Spaces

3,655 SF
Year Built

1917
For Lease

$15.00 - $16.00/SF/YR
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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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Office Coworking Retail Industrial

Office Retail Industrial Land
1315 W Commerce Drive

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

Office

12,165 SF
Availability

1 Space

5,049 SF
Year Built

2003
For Lease

$13.00/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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8116 N Hale Ave

8116 N Hale Ave, North Peoria, Peoria, IL
Property

Office

28,800 SF
For Sale

$2,534,400
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Twin Towers, Suite 345

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

Office

10,812 SF
For Sale

$465,600
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Knoxville Plaza

2014-2016 N. Knoxville Ave. , East Bluff, Peoria, IL
Property

Office

6,119 SF
Availability

1 Space

2,723 SF
Year Built

1995
For Lease

$12.50/SF/YR
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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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Executive Office & Production Space

120 S. Eaton Street, North Valley, Peoria, IL
Property

Office

23,192 SF
For Sale

$850,000
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7719 N. Pioneer Lane

7719 N. Pioneer Lane, North Peoria, Peoria, IL
Property

Industrial

15,000 SF
Availability

1 Space

15,000 SF
For Lease

$9,000.00/SF/YR
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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

$895,000
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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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Route 150

Route 150, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$500,000
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718 SW Adams St

718 SW Adams St, Downtown Peoria, Peoria, IL
Property

Retail

3,300 SF
Year Built

1920
For Sale

$229,000
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4600 N Brandywine Dr

4600 N Brandywine Dr, Central Peoria, Peoria, IL
Property

Office

21,966 SF
Availability

2 Spaces

15,473 SF
Year Built

1972
For Lease

$12.00/SF/YR
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Allen Road Business Park

2606 W Altorfer Dr, Northwest Peoria, Peoria, IL
Property

Land

55 Acre
For Sale Contact for pricing
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Medina Plains- Lot #2

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

Land

3.49 Acre
For Sale

$608,097.6
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Glenhaven Estates and Glenhaven Commons Lots

Glenhaven Estates and Glenhaven Commons Lots, Central Peoria, Peoria, IL
Property

VacantLand
For Sale

$764,912
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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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