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.

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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8304 North University Street

8304 North University Street, North Peoria, Peoria, IL
Property

Office

22,206 SF
Availability

1 Space

10,206 SF
For Lease

$7.50/SF/YR
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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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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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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
Year Built

2003
For Sale

$1,887,000
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Glen Knolls Shopping Center

1119 - 1135 W. Glen Ave., Central Peoria, Peoria, IL
Property

Retail

14,400 SF
Availability

1 Space

1,200 SF
For Lease

$14.00/SF/YR
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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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7820 N. University

7820 N. University, North Peoria, Peoria, IL
Property

Office

18,000 SF
Availability

4 Spaces

5,599 SF
Year Built

1978
For Lease

$9.00/SF/YR
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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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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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8001 N University

8001 N University , North Peoria, Peoria, IL
Property

Retail

37,750 SF
For Sale

$1,900,000
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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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Lot #3 - Pioneer Parkway @ Allen Road

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

Land

1.21 Acre
For Sale

$632,491.2
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830 West Trailcreek Drive

830 West Trailcreek Drive, North Peoria, Peoria, IL
Property

Office

6,033 SF
Year Built

2005
For Sale

$785,000
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1819 SW Adams St

1819 SW Adams St, South Peoria, Peoria, IL
Property

Industrial

30,090 SF
Availability

1 Space

30,090 SF
For Lease

$6.00/SF/YR
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Red Bull Distribution

3605 N Parish Avenue, Central Peoria, Peoria, IL
Property

Industrial

23,454 SF
For Sale

$2,850,000
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2110 West Townline Road

2110 West Townline Road, North Peoria, Peoria, IL
Property

Office

2,495 SF
Availability

1 Space

2,495 SF
For Lease

$10.00/SF/YR
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3526 N University St.

3526 N University St., Central Peoria, Peoria, IL
Property

Retail

2,800 SF
Availability Contact for availability

For Lease Contact for pricing
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920 East Glen Avenue

920 East Glen Avenue, Peoria Heights, IL
Property

Retail

30,376 SF
For Sale

$950,000
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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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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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