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.

180 Listings

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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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$23.00/SF/YR
4450 N Prospect Rd Ste B1
4450 N Prospect Rd Ste B1, Peoria Heights, IL
Space Type
Office
1 space

1,479 SF
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$13.50/SF/YR
8923 Prairie
8923 Prairie, Northwest Peoria, Peoria, IL
Space Type
Industrial
1 space

2,415 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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1 of 1
$450,000
8700 North Allen Road
8700 North Allen Road, North Peoria, Peoria, IL
Property Type
VacantLand
1 of 1
Price on request
Worry Free Office space Available
3100 N Dries Ln, Central Peoria, Peoria, IL
Space Type
Office
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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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$26.00/SF/YR
4712 N University St
4712 N University St, Central Peoria, Peoria, IL
Space Type
Retail
1 space

2,800 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
906 Southwest Adams Street
906 Southwest Adams Street, South Peoria, Peoria, IL
Space Type
Industrial
1 space

2,105 SF
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$3,100,000
Marquette Place Apartments
701 Main Street, Downtown Peoria, Peoria, IL
Property Type
Multi-Family
Built in 1924

17,292 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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2 of 2
$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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2 of 2
$16.00/SF/MO
6009 N Knoxville Ave - Unit 100
6009 Knoxville Avenue, Central Peoria, Peoria, IL
Space Type
Office
1 space

10,000 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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$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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$1,041,855.89
Sheridan Plaza
4325 N Sheridan Road, Central Peoria, Peoria, IL
Property Type
Retail
13,978 SF
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$670,000
5016 N University St
5016 N University St, Central Peoria, Peoria, IL
Property Type
Office
Built in 1980

11,649 SF
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$3,037,874.4
North Orange Prairie Road
North Orange Prairie Road, Northwest Peoria, Peoria, IL
Property Type
VacantLand
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$349,900
502 E War Memorial
502 East War Memorial Drive, Central Peoria, Peoria, IL
Property Type
Office
Built in 1969

3,475 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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$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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$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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$249,000
3414 N Prospect Rd
3414 N Prospect Rd, East Bluff, Peoria, IL
Property Type
Retail
5,782 SF
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Price on request
The Shoppes at Grand Prairie
Route 91 & War Memorial Drive, Northwest Peoria, Peoria, IL
Space Type
Retail
14 spaces

683 - 93,378 SF
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$9.00/SF/MO
2234 W Townline Rd Warehouse
2234 West Townline Road, North Peoria, Peoria, IL
Space Type
Industrial
1 space

1,500 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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$89,000
Adaptive Reuse or Redevelopment
2300 S. Oregon Street, South Peoria, Peoria, IL
Property Type
VacantLand
13,000 SF
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$12.00/SF/YR
6919 N Knoxville Ave
6919 N Knoxville Ave, North Peoria, Peoria, IL
Space Type
Office
2 spaces

844 - 1,000 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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$9.50/SF/YR
7800 N Sommer St
7800 N Sommer St, North Peoria, Peoria, IL
Space Type
Office
1 space

1,819 SF
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$1,499,000
5400 US Route 150
5400 US Route 150, Northwest Peoria, Peoria, IL
Property Type
VacantLand
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Price on request
3615 N. Wisconsin Ave.
3615 N. Wisconsin Ave., Central Peoria, Peoria, IL
Space Type
Retail
1 space

4,669 SF
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$1,200,000
1506 W Luthy Dr
1506 W Luthy Dr, North Peoria, Peoria, IL
Property Type
Industrial
18,748 SF
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$14.00/SF/YR
8500 N Knoxville Ave
8500 N Knoxville Ave, North Peoria, Peoria, IL
Space Type
Retail
3 spaces

1,024 - 1,155 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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$12.50/SF/YR
311 Water St
311 Water St, Downtown Peoria, Peoria, IL
Space Type
Office
1 space

2,565 SF
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6 of 6
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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$10.00/SF/YR
3414 N Prospect Rd
3414 N Prospect Rd, East Bluff, Peoria, IL
Space Type
Retail
1 space

5,782 SF
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$260,000
5947 N. Allen Road
5947 N. Allen Road, Northwest Peoria, Peoria, IL
Property Type
VacantLand

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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.