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.

181 Listings

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$200,000
4415 N. Sheridan Road
4415 N. Sheridan Road, Central Peoria, Peoria, IL
Property Type
VacantLand
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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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$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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Auction 10/5/26 - 10/7/26
Turnkey Restaurant
2920 NE Adams St, North Valley, Peoria, IL
Property Type
Retail
Built in 1980

2,947 SF
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$425,000
Turnkey QSR near Bradley University
1017 W Main St, West Bluff, Peoria, IL
Property Type
Retail
3,380 SF
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Price on request
1616 - 1620 W Chanute Rd
1616 - 1620 W Chanute Rd, North Peoria, Peoria, IL
Space Type
Industrial
2 spaces

30,240 - 43,866 SF
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$600.00/SF/MO
2001 W Willow Knolls Dr Micro Suite H
2001 West Willow Knolls Drive, North Peoria, Peoria, IL
Space Type
Office
1 space

165 SF
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$12.00/SF/YR
3008 W Willow Knolls Dr
3008 W Willow Knolls Dr, Northwest Peoria, Peoria, IL
Space Type
Office
1 space

6,991 SF
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$12.00/SF/YR
Willow Knolls Shopping Center
4100 W. Willow Knolls Road, Northwest Peoria, Peoria, IL
Space Type
Retail
4 spaces

1,222 - 4,800 SF
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$13.00/SF/YR
413 Southwest Washington Street
413 Southwest Washington Street, Downtown Peoria, Peoria, IL
Space Type
Office
3 spaces

2,500 - 4,000 SF
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Contact Broker for Details
2400 SW Washington Street
2400 SW Washington Street, South Peoria, Peoria, IL
Property Type
Industrial
Built in 1965

157,112 SF
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Price on request
Woodridge Professional Building
2619 Heading Avenue, West Peoria, Peoria, IL
Space Type
Office
7 spaces

106 - 714 SF
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$12.00/SF/YR
114 NE Madison Avenue
114 NE Madison Avenue, Downtown Peoria, Peoria, IL
Space Type
Office
1 space

3,111 SF
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$13.00 - $15.50/SF/YR
Shoppes West
7700 - 7730 N. Grand Prairie Drive, Northwest Peoria, Peoria, IL
Space Type
Retail
4 spaces

1,059 - 2,500 SF
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Price on request
8817 N. Knoxville Ave
8817 N. Knoxville Ave, North Peoria, Peoria, IL
Space Type
Retail
3 spaces

1,000 - 58,806 SF
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$500.00 - $700.00/SF/MO
5113 N Executive Dr Suit 105 Microsuites
5113 North Executive Drive, Central Peoria, Peoria, IL
Space Type
Office
5 spaces

238 - 672 SF
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$12.00/SF/YR
2026 N University St
2026 N University St, West Bluff, Peoria, IL
Space Type
Retail
1 space

1,332 SF
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$649,000
216 NE Perry Ave
216 NE Perry Ave, Downtown Peoria, Peoria, IL
Property Type
Office
6,300 SF
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$12.00/SF/YR
2515 N Knoxville Ave
2515 N Knoxville Ave, Central Peoria, East Peoria, IL
Space Type
Retail
1 space

13,500 SF
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$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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$895.00/SF/MO
5113 N Executive Dr Suite 103
5113 North Executive Drive, Central Peoria, Peoria, IL
Space Type
Office
1 space

405 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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$640,000
Family Dollar
330 N Western Avenue, West Bluff, Peoria, IL
Property Type
Retail
10,834 SF
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$349,000
3624 N University St - Lot 3
3624 North University Street, Central Peoria, Peoria, IL
Property Type
VacantLand
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$399,000
3616 N Sheridan Rd
3616 N Sheridan Rd, Central Peoria, Peoria, IL
Property Type
VacantLand
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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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$2,825,000
Oak Cliff Park Shopping Center
4410 N Knoxville Ave, Central Peoria, Peoria, IL
Property Type
Retail
Built in 1966

46,620 SF
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$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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$799,900
4538 N Prospect Rd
4538 N Prospect Rd, Peoria Heights, IL
Property Type
Retail
5,866 SF
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$12.00 - $21.05/SF/YR
725 Southwest Washington Street
725 Southwest Washington Street, Downtown Peoria, Peoria, IL
Space Type
Retail
4 spaces

570 - 5,460 SF
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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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$25.00/SF/YR
8809 N Allen Rd
8809 N Allen Rd, Northwest Peoria, Peoria, IL
Space Type
Retail
2 spaces

1,684 - 3,500 SF
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From $369/month

Regus
Il, Peoria - Fulton St
456 Fulton Street 4th Floor, Peoria, IL
Space Type
Private Offices
Space for 1 to 50 people
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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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$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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$8.00/SF/YR
456 Fulton Street, Suite 425
456 Fulton Street, Suite 425, Downtown Peoria, Peoria, IL
Space Type
Office
1 space

8,669 SF
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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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$17.00 - $17.50/SF/YR
6035 N Knoxville Ave - Suites 103 & 105
6035 Knoxville Avenue, Central Peoria, Peoria, IL
Space Type
Office
2 spaces

1,742 - 2,396 SF
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$10.83 - $925.00/SF/YR
Strong Business Center
3100 Knoxville, Central Peoria, Peoria, IL
Space Type
Office
6 spaces

400 - 1,644 SF
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$9.00/SF/YR
7820 N. University
7820 N. University, North Peoria, Peoria, IL
Space Type
Office
1 space

734 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.