Grocery Store

Peoria, IL Grocery And Convenience Stores 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
Convenience Store Building with Parking
Updated: Sep 15
Convenience Store Building with Parking

1624 N KNOXVILLE Avenue, Peoria, IL 61603

$170,000
Grocery and convenience store classification
Commercial zoning
One bathroom and several parking spaces
Forced‑air heating with natural gas
Central air conditioning
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Mixed-Use Building with Rental Units
Updated: Sep 12
Mixed-Use Building with Rental Units

3611 W Harmon Highway, Peoria, IL 61604

$195,000
0.32 AC lot
Main‑level grocery and convenience operation at 3611 W Harmon Highway
Two occupied upper‑level residential units with one- and two‑bedroom layouts
Kitchen area with some remaining equipment and a walk‑in cooler
Fenced backyard included with the property
Former tavern and family restaurant uses
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See hot listings in Peoria

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Grocery and Convenience Store
Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,250,000
9,800 sqft 0.75 AC lot

Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Licensed Butcher Shop Manufacturing Property
Licensed Butcher Shop Manufacturing Property

304 Chapin St, Ivesdale, IL 61851

$499,900
7,155 sqft

Established meat-processing facility with upgraded refrigeration and an on-site employee residence.

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Downtown Grocery Market
Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,250,000
0.61 AC lot

Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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Licensed Grocery and Convenience Store
Licensed Grocery and Convenience Store

304 Chapin Street, Ivesdale, IL 61851

$499,900
0.55 AC lot

Operating butcher shop with upgraded refrigeration, employee housing, and central air conditioning in Ivesdale, Illinois.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

B-3 Commercial Land
B-3 Commercial Land

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

Level commercial land with B-3 zoning and public sewer service.

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Off-Market Properties in Peoria, IL

Consider similar Off-Market properties in Peoria, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1600 Main St
Individual retail properties

1600 Main St, Peoria, IL 61606

Estimated value: by Request
71,691 sqft 1.22 AC lot
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Peoria, IL Grocery And Convenience Stores Market Trends and Statistics

Explore 3 grocery and convenience stores for sale in Peoria, IL on our real estate platform.

Sale prices for supermarkets in Peoria, IL start at $170,000, averaging $182,500, and reaching up to $195,000 — 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

Storefront properties 33
Shopping centers 30
Automotive properties 7
Showrooms 5
Auto shops 2

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 $170K
61604 $195K

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 100,000+ square foot range.

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