Peoria, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

182 Listings

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$2,276,950
2315 W Altorfer Dr
2315 W Altorfer Dr, North Peoria, Peoria, IL
Property Type
Industrial
43,610 SF
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2 of 2
Price on request
Glen Hollow Shopping Center
5001 N Big Hollow Rd, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

7,000 SF
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$99,900
1605 W Candletree Dr Suite 107
1605 West Candletree Drive, North Peoria, Peoria, IL
Property Type
Office
1 of 2

2 of 2
$18.00/SF/MO
6009 N Knoxville Ave - Unit 102
6009 Knoxville Avenue, Central Peoria, Peoria, IL
Space Type
Office
1 space

5,000 SF
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$13.00/SF/YR
1315 W Commerce Drive
1315 W Commerce Drive, North Peoria, Peoria, IL
Space Type
Office
1 space

1,506 SF
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$4.75 psf - $6.50 psf
Outlots at Knoxville Crossing
N. Knoxville Avenue, Far North Peoria, Peoria, IL
Property Type
VacantLand
491,357 SF
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$15.50 - $18.75/SF/YR
101 SW Adams St
101 SW Adams St, Downtown Peoria, Peoria, IL
Space Type
Office
3 spaces

5,600 - 6,127 SF
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Price on request
Peoria Journal Star Building
1 News Plaza, East Bluff, Peoria, IL
Space Type
Office
1 space

60,000 SF
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$8.00 - $17.00/SF/YR
Peoria Heights Executive Office Building
4541 N Prospect Rd, Peoria Heights, IL
Space Type
Office
2 spaces

1,356 - 2,290 SF
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$5.00/SF/YR
1711 SW Adams St
1711 SW Adams St, South Peoria, Peoria, IL
Space Type
Industrial
2 spaces

2,600 - 6,200 SF
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$9.00/SF/YR
5113 N Executive Dr Suite 105
5113 North Executive Drive, Central Peoria, Peoria, IL
Space Type
Office
1 space

2,243 SF
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$640,000
Family Dollar
330 N Western Avenue, West Bluff, Peoria, IL
Property Type
Retail
10,834 SF
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$9.00 - $500.00/SF/MO
456 Fulton St, Suite 350
456 Fulton Street, Downtown Peoria, Peoria, IL
Space Type
Office
15 spaces

81 - 4,512 SF
1 of 1
$18.00/SF/YR
10322 N Centerway Dr
10322 N Centerway Dr, Far North Peoria, Peoria, IL
Space Type
Retail
1 space

1,500 SF
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2 of 2
$2,836,500
N Oakwood Dr
N Oakwood Dr, Far North Peoria, Peoria, IL
Property Type
VacantLand
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$175,000
456 Fulton St, Suite 350
456 Fulton Street, Downtown Peoria, Peoria, IL
Property Type
Office
Built in 1984

4,512 SF
1 of 1
Price on request
Worry Free Office space Available
3100 N Dries Ln, Central Peoria, Peoria, IL
Space Type
Office
1 of 4

2 of 4

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4 of 4
$10.00/SF/YR
456 Fulton St - Suite 255
456 Fulton St - Suite 255, Downtown Peoria, Peoria, IL
Space Type
Office
1 space

3,115 SF
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$5.50/SF/YR
8914 North Prairie Pointe Road
8914 North Prairie Pointe Road, North Peoria, Peoria, IL
Space Type
Industrial
1 space

6,550 SF
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$12.00/SF/YR
7916 N Hale Ave
7916 N Hale Ave, North Peoria, Peoria, IL
Space Type
Retail
2 spaces

1,470 - 1,585 SF
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$12.00 - $15.00/SF/YR
Metro Centre
4620 N University St, Central Peoria, Peoria, IL
Space Type
Retail
17 spaces

911 - 5,000 SF
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2 of 2
$18.00/SF/MO
6009 N Knoxville Ave - Unit 101
6009 Knoxville Avenue, Central Peoria, Peoria, IL
Space Type
Office
1 space

5,000 SF
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$6.00/SF/YR
1601 W. Luthy Drive
1601 W. Luthy Drive, North Peoria, Peoria, IL
Space Type
Industrial
1 space

3,500 SF
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2 of 4

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4 of 4
$895.00/SF/YR
2524 W Farrelly Rd
2524 W Farrelly Rd, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

700 SF
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$1,100,000
8819 N Pioneer Rd
8819 N Pioneer Rd, North Peoria, Peoria, IL
Property Type
Industrial
Built in 1986

13,280 SF
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$19.50/SF/YR
1810 W War Memorial Dr
1810 W War Memorial Dr, Central Peoria, Peoria, IL
Space Type
Retail
1 space

5,944 SF
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$950,000
1001 E War Memorial Drive
1001 E WAR MEMORIAL Drive, Peoria Heights, IL
Property Type
Retail
5,776 SF
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$599,000
4100 W Willow Knolls Dr
4100 W Willow Knolls Dr, Northwest Peoria, Peoria, IL
Property Type
Office
Built in 1993

2,980 SF
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Price on request
5901 N Prospect ave
5901 N Prospect ave, Central Peoria, Peoria, IL
Space Type
Office
19 spaces

311 - 7,560 SF
1 of 1
$900,000
5726 N Knoxville Ave
5726 N Knoxville Ave, Central Peoria, Peoria, IL
Property Type
VacantLand
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$2,969,454
Shoppes West
7700 - 7730 N. Grand Prairie Drive, Northwest Peoria, Peoria, IL
Property Type
Retail
Built in 2003

22,210 SF
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$15.00 - $18.00/SF/YR
7707 N Knoxville Avenue
7707 N Knoxville Ave, North Peoria, Peoria, IL
Space Type
Office
3 spaces

3,380 - 8,826 SF
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$1,041,855.89
Sheridan Plaza
4325 N Sheridan Road, Central Peoria, Peoria, IL
Property Type
Retail
13,978 SF
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$12.75 - $16.00/SF/YR
4538 N Prospect Rd
4538 N Prospect Rd, Peoria Heights, IL
Space Type
Retail
3 spaces

2,100 - 5,866 SF
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$649,000
1215 NE Adams St
1215 NE Adams St, North Valley, Peoria, IL
Property Type
Industrial
49,616 SF
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$4.75/SF/YR
1506 West Detweiller Drive
1506 West Detweiller Drive, North Peoria, Peoria, IL
Space Type
Industrial
1 space

46,080 SF
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$15.00/SF/YR
7213 North Allen Road
7213 North Allen Road, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

3,500 SF
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$10.00/SF/YR
Knoxville Plaza
2014-2016 N. Knoxville Ave. , East Bluff, Peoria, IL
Space Type
Office
1 space

2,723 SF
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From $50/hour
$108/day

The Nest Coworking (IL)
The Nest Coworking (IL) - The Nest Coworking - Peoria
820 SW Adams St, Suite C, Peoria, IL
Space Type
Meeting Rooms
Space for 4 to 6 people
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2 of 4

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4 of 4
Price on request
3311 N Sterling Ave
3311 N Sterling Ave, Central Peoria, Peoria, IL
Space Type
Retail
5 spaces

1,350 - 52,337 SF

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Peoria, IL Commercial Real Estate Market Overview: Key Trends & Insights

Peoria has 1.6 million square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 200 properties.

This overview provides a snapshot of the Peoria commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Peoria, IL

Based on the latest estimates, Peoria, IL offers almost 200 commercial listings for lease, totaling about 1.6 million square feet.

Current leasing options comprise 56 office listings, which represent approximately 50.00% out of the total leasing inventory. There are also 20 industrial and warehouse listings, making up 17.86% of the total. Additionally, 36 retail listings make up 32.14% of the local leasing market. These types are supplemented by 3 listings for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 56 1,665,910 N/A

Retail 36 2,044,091 $13.53

Industrial 20 1,025,385 $7.88

Other 3 161,872 N/A

Commercial Real Estate for Sale in Peoria, IL

As of 2026, Peoria, IL has a total of 66 commercial real estate properties for sale.

This inventory includes 15 office assets, 9 industrial facilities and 16 retail properties available for purchase.

The largest share is held by Retail, with 24.24% out of local properties for sale belonging to this asset type. Office has the next largest share at 22.73%, while Industrial makes up 13.64% of commercial properties for sale in Peoria.

Property type No. of Listings Total Sq. Ft.

Office 15 1,665,910

Retail 16 2,044,091

Industrial 9 1,025,385

Other 26 652,278

Leading Commercial Real Estate Submarkets by Property Type in Peoria, IL

The leading commercial real estate submarkets for different property types in Peoria are:

Office: Central Peoria with 54 office listings, totaling 107,817 square feet.
Industrial: North Peoria with 13 industrial listings, totaling 205,088 square feet.
Retail: Central Peoria with 33 retail listings, totaling 164,839 square feet.