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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$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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$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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$500.00 - $2,000.00/SF/MO
7501 N University St
7501 North University Street, North Peoria, Peoria, IL
Space Type
Office
9 spaces

350 - 3,904 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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$4.00/SF/YR
208 SW Center St
208 SW Center St, South Peoria, Peoria, IL
Space Type
Industrial
1 space

7,163 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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$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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$10.00 - $29.17/SF/YR
1609 Detweiller Dr
1609 Detweiller Dr., North Peoria, Peoria, IL
Space Type
Office
5 spaces

144 - 3,000 SF
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$1,800.00/SF/MO
1605 W Candletree Dr Suite 107
1605 West Candletree Drive, North Peoria, Peoria, IL
Space Type
Office
1 space

1,200 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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$2,021,000
River Plaza
2 News Plaza, East Bluff, Peoria, IL
Property Type
Office
38,904 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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$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
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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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$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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$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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$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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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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$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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$9.00/SF/YR
1230 W Candletree
1230 W Candletree, North Peoria, Peoria, IL
Space Type
Office
1 space

1,510 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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$4.75 psf - $6.50 psf
Outlots at Knoxville Crossing
N. Knoxville Avenue, Far North Peoria, Peoria, IL
Property Type
VacantLand
491,357 SF
1 of 1
Price on request
East Peoria Pad Sites
NWC Main Street and Washington Street, Downtown Peoria, Peoria, IL
Space Type
Retail
2 spaces

34,848 - 43,560 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
1 of 1
$649,000
600 SW Washington St
600 SW Washington St, Downtown Peoria, Peoria, IL
Property Type
VacantLand
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$14.00/SF/YR
Glen Knolls Shopping Center
1119 - 1135 W. Glen Ave., Central Peoria, Peoria, IL
Space Type
Retail
1 space

1,200 SF
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Price on request
1326 SW Jefferson
1326 SW Jefferson , South Peoria, Peoria, IL
Space Type
Land
1 space

6,000 SF
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$749,900
4538 N Prospect Rd
4538 N Prospect Rd, Peoria Heights, IL
Property Type
Retail
5,866 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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$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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$1,250,000
3624 N University St - Lot 2 & 3
3624 North University Street, Central Peoria, Peoria, IL
Property Type
VacantLand
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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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$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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$525,000
4809 Sheridan Rd
4809 North Sheridan Road, Central Peoria, Peoria, IL
Property Type
Office
Built in 1980

4,586 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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Price on request
7 Retail Outlots | Shoppes at Grand Prairie
5418 West American Prairie Drive, Northwest Peoria, Peoria, IL
Property Type
Retail
Price on request
Sterling Commons
4119-4205 N Sterling Ave, Northwest Peoria, Peoria, IL
Space Type
Retail
1 space

2,000 SF
$13.00/SF/YR
3308 W Chartwell Rd
3308 W Chartwell Rd, Northwest Peoria, Peoria, IL
Space Type
Office
1 space

4,000 SF
$1,000,000
521 N. Main Street
521 N. Main Street, West Bluff, 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.