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.

185 Listings

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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 - $20.00/SF/YR
Metro Centre
4620 N University St, Central Peoria, Peoria, IL
Space Type
Retail
18 spaces

911 - 5,000 SF
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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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$599,000
840-908 SW Washington
840-908 SW Washington, South Peoria, Peoria, IL
Property Type
Industrial
55,632 SF
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$1,488,000
921 W Detweiller Dr
921 W Detweiller Dr, North Peoria, Peoria, IL
Property Type
Industrial
24,800 SF
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$1,900.00/SF/MO
6400 N University St
6400 North University Street, North Peoria, Peoria, IL
Space Type
Office
1 space

2,500 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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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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$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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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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$899,000
Knoxville Plaza
2014-2016 N. Knoxville Ave. , East Bluff, Peoria, IL
Property Type
Office
Built in 1995

6,119 SF
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$14.00/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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From $334/month

Regus
Regus - Peoria - Main St
416 Main Street #600, Peoria, IL
Space Type
Private Offices
Space for 1 to 15 people
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$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
1115 N North St
1115 N North St, West Bluff, Peoria, IL
Space Type
Office
2 spaces

1,300 - 1,617 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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$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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$14.00/SF/YR
4917-4919 N Sheridan Rd
4917-4919 N Sheridan Rd, Central Peoria, Peoria, IL
Space Type
Office
2 spaces

1,491 - 1,600 SF
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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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$85,900
3901 W Reservoir Boulevard
3901 W RESERVOIR Boulevard, Central Peoria, Peoria, IL
Property Type
VacantLand
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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
5901 N Prospect ave
5901 N Prospect ave, Central Peoria, Peoria, IL
Space Type
Office
19 spaces

311 - 7,560 SF
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$9.50 - $11.75/SF/YR
4017 N Prospect Rd
4017 N Prospect Rd, Peoria Heights, IL
Space Type
Office
2 spaces

2,228 - 4,320 SF
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2 of 2
Price on request
7411 N Grand Prairie Dr
7411 N Grand Prairie Dr, Northwest Peoria, Peoria, IL
Space Type
Office
1 space

4,910 SF
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$300.00 - $500.00/SF/MO
5113 N Executive Dr Suite 106 Microsuites
5113 North Executive Drive, Central Peoria, Peoria, IL
Space Type
Office
4 spaces

72 - 350 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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$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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$8.00 - $23.08/SF/YR
7620 University
7620 University Dr., North Peoria, Peoria, IL
Space Type
Retail
4 spaces

260 - 9,724 SF
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$14.50/SF/YR
8630 N Allen Rd
8630 N Allen Rd, North Peoria, Peoria, IL
Space Type
Office
1 space

4,576 SF
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$1,900.00/MO
1625 West Candletree Drive
1625 West Candletree Drive, North Peoria, Peoria, IL
Space Type
Office
1 space

1,900 SF
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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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$18.00/SF/YR
5012 N Big Hollow Rd
5012 N Big Hollow Rd, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

1,050 SF
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$1,644,947
1315 W Commerce Drive
1315 W Commerce Drive, North Peoria, Peoria, IL
Property Type
Office
Built in 2003

12,176 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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$12.00/SF/YR
4600 N Brandywine Dr
4600 N Brandywine Dr, Central Peoria, Peoria, IL
Space Type
Office
2 spaces

6,004 - 9,469 SF
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2 of 3

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Price on request
3616 N Sheridan Rd
3616 N Sheridan Rd, Central Peoria, Peoria, IL
Space Type
Land
1 space

146,797 SF
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$450,000
Lou's Drive In
4229 N Knoxville Ave, Central Peoria, Peoria, IL
Property Type
Retail
Built in 1953

773 SF
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$150,000
2026 N University St
2026 N University St, West Bluff, Peoria, IL
Property Type
Retail
1,332 SF
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$764,912
Glenhaven Estates and Glenhaven Commons Lots
Glenhaven Estates and Glenhaven Commons Lots, Central Peoria, Peoria, IL
Property Type
VacantLand
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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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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 62 office listings, which represent approximately 54.87% out of the total leasing inventory. There are also 13 industrial and warehouse listings, making up 11.50% of the total. Additionally, 38 retail listings make up 33.63% of the local leasing market. These types are supplemented by 2 listings for lease belonging to other commercial types.

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

Office 62 1,927,691 N/A

Retail 38 2,104,772 $12.86

Industrial 13 934,055 $5.19

Other 2 152,797 N/A

Commercial Real Estate for Sale in Peoria, IL

As of 2026, Peoria, IL has a total of 67 commercial real estate properties for sale.

This inventory includes 14 office assets, 9 industrial facilities and 19 retail properties available for purchase.

The largest share is held by Retail, with 28.36% out of local properties for sale belonging to this asset type. Office has the next largest share at 20.90%, while Industrial makes up 13.43% of commercial properties for sale in Peoria.

Property type No. of Listings Total Sq. Ft.

Office 14 1,927,691

Retail 19 2,104,772

Industrial 9 934,055

Other 25 645,049

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: Downtown Peoria with 64 office listings, totaling 212,286 square feet.
Industrial: North Peoria with 8 industrial listings, totaling 166,630 square feet.
Retail: Central Peoria with 34 retail listings, totaling 167,498 square feet.