Peoria, IL Commercial Land for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Pekin, IL Washington, IL North Pekin, IL

43 properties

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Updated: Sep 7

Mixed-Use Property with Multi-Bay Building

4611 W MIDDLE Road, Peoria, IL 61605

$400,000

0.88 AC lot

Two‑story building previously used for executive office space
Separate freestanding multi‑bay building with 220V in place
Additional undeveloped lot included
Adjacent to Interstate 474 and near an interchange
Less than 1 mile from Peoria Wayne Downing Airport

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Updated: Mar 5

Gutted Restaurant Property

1321 N PARK Road, Peoria, IL 61604

$299,000

2.13 AC lot

Complete interior gutting provides a cleared starting point for redevelopment
Commercial zoning supports restaurant‑focused property planning
Dedicated parking included on the property
Directly across from Bradley Park
Brick, block, and ornamental block construction

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Commercial Land with Road Frontage

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000

2.92 AC lot

C2-zoned commercial land with water available and an existing billboard.

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Commercial Land with Existing Improvements

3204 & 08 N University St, Peoria, IL 61604

$599,900

2,430 sqft

Three-parcel commercial land assemblage with office, storage, and retail buildings in a developed commercial corridor.

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Commercial Development Land

1003-07-13 NORTH Street, Peoria, IL 61604

$75,000

0.80 AC lot

Commercial-zoned land with public water and natural gas available.

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Commercial Land with Three Parcels

710 & 714 SPAULDING Avenue, Peoria, IL 61603

$425,000

0.44 AC lot

Buildable residential-zoned site with water available and public sewer, comprising three parcels totaling 0.44 acres.

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Commercial Land with Public Water

W ALTA Road, Peoria, IL 61615

$499,900

1.29 AC lot

Commercially zoned land with public water and natural gas availability along W Alta Road.

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Infrastructured C-2 Development Land

900 W. Trailcreek Drive, Peoria, IL 61615

$703,494

3.80 AC lot

Infrastructured, high-visibility land zoned C-2 and suited for office or multifamily development near established retail.

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Commercial Land with Main Street Frontage

521 N. Main Street, Peoria, IL 61602

$1,000,000

1.28 AC lot

1.28+/- acre commercial land parcel with 373' frontage on Main Street near downtown Peoria and Bradley University.

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Commercial Development Land

8215 N Allen Road, Peoria, IL 61615

$1,300,000

3.00 AC lot

Commercial development land with 340 feet of frontage along N Allen Rd and income from an on-site billboard.

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Commercial Land Near Retail Anchors

10800 North Centerway Drive, Peoria, IL 61615

Contact for pricing

38,332 sqft

Ground-lease site within a retail development with C-2 zoning and access from Centerway Drive.

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West Wood Sage Road Lots

5423 W Wood Sage Rd, Peoria, IL 61615

$5,656,483

23.18 AC lot

Three lots available in North West Peoria.

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Peoria Land For Sale

7820 N Allen Rd, Peoria, IL 61615

$890,000

2.50 AC lot

Highly visible corner lot available for sale, lease, or build-to-suit.

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18 Acres Near Midwest Orthopedics

5947 N. Allen Road, Peoria, IL 61614

$260,000

18.00 AC lot

18 acres of commercial land visible from major roads.

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Commercial Land Parcel with Dual Zoning

1123 W Florence Ave, Peoria, IL 61604

$400,000

Versatile commercial land parcel with dual O1 and C2 zoning at a key intersection near I-74.

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Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000

Prime commercial land on a highly trafficked corridor.

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Corner Commercial Land

4415 N. Sheridan Road, Peoria, IL 61614

$200,000

C1-zoned corner parcel positioned near established retail and office uses.

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Commercial Land With Retail Outlots

5418 West American Prairie Drive, Peoria, IL 61615

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Seven C-2 parcels support retail, drive-through, signage, and larger multi-tenant development formats.

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Urban Commercial Development Site

600 Southwest Washington Street, Peoria, IL 61602

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Urban development parcel with city water, sewer, and natural gas available.

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Commercial Land with Asphalt Parking Lot

3616 N Sheridan Rd, Peoria, IL 61604

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3.37 AC lot

Flat, utility-served parcel zoned R-3 with a large asphalt parking lot and strong roadway visibility.

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1.96 Acres in Junction City

5726 N Knoxville Ave, Peoria, IL

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1.96 AC lot

1.96 acres available within the Junction City development.

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Two-Lot Commercial Land

1801 NE Jefferson Avenue, Peoria, IL 61603

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Commercial land comprising two lots along a high-traffic roadway in an established commercial area.

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Commercial Car Wash Site

3633 Meadowbrook Street # Lt#5 Of 9, Peoria, IL 61604

$575,000

Land designated for car wash use with municipal water service and city-street access.

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Glenhaven Estates Commercial Lots

Glenhaven Estates and Glenhaven Commons Lots, Peoria, IL 61615

$764,912

2,011,600 sqft

Five commercial lots available in Peoria, Illinois.

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Peoria, IL Commercial Land Market Trends and Statistics

Explore 44 commercial land for sale in Peoria, IL, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 12,712,104 square feet of properties for sale, with an estimated market value of $15,623,689.

Sale prices for commercial lots in Peoria, IL start at $75,000, averaging $867,982, and reaching up to $5,656,483 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 161K

Population Growth (5Y) -4.8%

Median Household Income $60,369

College Educated 13.0%

High-Yield Neighborhoods for Investment

Identify Peoria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61603	$212.5K
61614	$245K
61604	$389.8K
61605	$400K
61602	$1M

Taxes & Financing

Tax Rate (average for all types) 9.17%

Property Tax per SF $24.08 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Peoria fall within the 1 to 5 acres range.

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