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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$23.00/SF/YR
7719 North Grand Prairie Drive
7719 North Grand Prairie Drive, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

1,850 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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$5.00/SF/YR
2000 NE Perry Street
2000 NE Perry Street, North Valley, Peoria, IL
Space Type
Industrial
3 spaces

2,600 - 8,000 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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$11.00/SF/YR
2220 West Townline Road
2220 West Townline Road, North Peoria, Peoria, IL
Space Type
Office
1 space

6,960 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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$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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$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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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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$640,000
3624 N University St
3624 North University Street, Central Peoria, Peoria, IL
Property Type
VacantLand
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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
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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Price on request
1616 - 1620 W Chanute Rd
1616 - 1620 W Chanute Rd, North Peoria, Peoria, IL
Space Type
Industrial
2 spaces

13,026 - 43,914 SF
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2 of 2
$595.00/MO
3701 Sheridan Road
3701 Sheridan Road, Central Peoria, Peoria, IL
Space Type
Retail
1 space

460 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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$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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$15.00/SF/YR
9010 North Allen Road
9010 North Allen Road, North Peoria, Peoria, IL
Space Type
Office
1 space

990 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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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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$437,400
900 Block NE Jefferson Ave.
900 NE Jefferson Ave, North Valley, Peoria, IL
Property Type
VacantLand
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$15.00/SF/YR
4617 North Prospect Road
4617 North Prospect Road, Peoria Heights, IL
Space Type
Office
2 spaces

1,420 - 2,976 SF
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$350,000
7723 N University St
7723 N University St, North Peoria, Peoria, IL
Property Type
Retail
Built in 1969

2,698 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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$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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$89,000
Adaptive Reuse or Redevelopment
2300 S. Oregon Street, South Peoria, Peoria, IL
Property Type
VacantLand
13,000 SF
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$10.00 - $13.50/SF/YR
1301 W Pioneer Pkwy
1301 W Pioneer Pkwy, North Peoria, Peoria, IL
Space Type
Retail
4 spaces

1,172 - 3,500 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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$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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$9.50 - $12.00/SF/YR
7800 N Sommer St
7800 N Sommer St, North Peoria, Peoria, IL
Space Type
Office
3 spaces

1,200 - 1,819 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
1 of 1
$7.00/SF/YR
456 Fulton St, Unit 398
456 Fulton St, Unit 398, Downtown Peoria, Peoria, IL
Space Type
Office
1 space

1,200 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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$649,000
216 NE Perry Ave
216 NE Perry Ave, Downtown Peoria, Peoria, IL
Property Type
Office
6,300 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
Westlake Shopping Center
NWC I-74 & Sterling Avenue, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

5,540 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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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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$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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$175,000
456 Fulton St, Suite 350
456 Fulton Street, Downtown Peoria, Peoria, IL
Property Type
Office
Built in 1984

4,512 SF
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$999,500
3624 N University St - Lot 2
3624 North University Street, Central Peoria, Peoria, IL
Property Type
VacantLand

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

Peoria has 1.4 million square feet of commercial real estate inventory as of 2026. This inventory is distributed across more than 100 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 more than 100 commercial listings for lease, totaling about 1.4 million square feet.

Current leasing options comprise 60 office listings, which represent approximately 54.55% out of the total leasing inventory. There are also 14 industrial and warehouse listings, making up 12.73% of the total. Additionally, 36 retail listings make up 32.73% 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 60 1,491,062 N/A

Retail 36 2,087,349 $12.84

Industrial 14 825,087 $6.81

Other 3 161,872 N/A

Commercial Real Estate for Sale in Peoria, IL

As of 2026, Peoria, IL has a total of 65 commercial real estate properties for sale.

This inventory includes 14 office assets, 7 industrial facilities and 17 retail properties available for purchase.

The largest share is held by Retail, with 26.15% out of local properties for sale belonging to this asset type. Office has the next largest share at 21.54%, while Industrial makes up 10.77% of commercial properties for sale in Peoria.

Property type No. of Listings Total Sq. Ft.

Office 14 1,491,062

Retail 17 2,087,349

Industrial 7 825,087

Other 27 652,278

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 58 office listings, totaling 112,692 square feet.
Industrial: North Peoria with 7 industrial listings, totaling 93,976 square feet.
Retail: Central Peoria with 34 retail listings, totaling 167,498 square feet.