Peoria, IL Commercial Real Estate for Rent and Sale

Search 170 commercial real estate listings in Peoria, IL and find helpful local stats in the Market Overview section below.

7723 N Crestline Dr

7723 N Crestline Dr, North Peoria, Peoria, IL
Property

Industrial

3,444 SF
For Sale

$219,000
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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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Trailcreek

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

VacantLand
For Sale

$703,494
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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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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Industrial Land
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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3709 Sheridan Rd

3709 Sheridan Rd, Central Peoria, Peoria, IL
Property

Office

1,463 SF
Year Built

1972
For Sale

$139,000
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5947 N. Allen Road

5947 N. Allen Road, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

$300,000
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2714 W 2nd St

2714 W 2nd St, Far North Peoria, Peoria, IL
Property

Industrial

9,500 SF
For Sale

$665,000
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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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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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718-720 SW Adams St

718-720 SW Adams St, Downtown Peoria, Peoria, IL
Property

Industrial

8,700 SF
For Sale

$499,000
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3501 W War Memorial Dr

3501 W War Memorial Dr, Northwest Peoria, Peoria, IL
Property

Office

1,070 SF
Availability

1 Space

1,070 SF
For Lease

$1,700.00/MO
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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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Bed Bath & Beyond

4816 N. University Street, Central Peoria, Peoria, IL
Property

Retail

31,250 SF
For Sale

$3,300,000
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N. Centerway Drive

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

VacantLand
For Sale

$1,244,073.6
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4125 N Sheridan Rd

4125 N Sheridan Rd, Central Peoria, Peoria, IL
Property

Retail

149,391 SF
Availability

6 Spaces

18,425 SF
Year Built

1954
For Lease Contact for pricing
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Noodles & Company and Dog Haus

4712 N University St, Central Peoria, Peoria, IL
Property

Retail

5,050 SF
Year Built

2014
For Sale

$1,800,000
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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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Route 91

Route 91, Northwest Peoria, Peoria, IL
Property

VacantLand
For Sale

Subject to size & location
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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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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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