Peoria, IL Commercial Real Estate for Sale

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Turnkey Dirt Track Stadium
Updated: Jun 3
Turnkey Dirt Track Stadium

3520 W Farmington Rd, Peoria, IL 61604

$550,000
1,536 sqft 30.00 AC lot
30‑acre Peoria Speedway motorsports & entertainment venue featuring a fully equipped 1/4‑mile dirt oval track
Includes high‑capacity grandstands, professional lighting, and concession facilities
1,536 SF 2‑story office building with ground‑level public restrooms, plus sheds and carports and a covered picnic area
Situated in Flood Zone A, with property reporting immediate access to major interstate corridors for regional travel
Includes ample participant pit areas and a covered picnic area for events
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3520 W Farmington Rd, Peoria, IL 61604

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Updated Office Building with Parking
Updated: Jun 9
Updated Office Building with Parking

7319 N UNIVERSITY Street, Peoria, IL 61614

$417,000
1.14 AC lot
Numerous 2022 updates: new metal roof, HVAC system, paint, and flooring
Central air cooling and forced‑air natural gas heating
Two ADA‑accessible restrooms
Basement dewatering system
Oversized parking lot for customers, clients, or employees
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Corner Office Building with Patio
Corner Office Building with Patio

6216 N SHERIDAN Road, Peoria, IL 61614

$134,900
0.27 AC lot

High-visibility corner office with vaulted, open interior, patio access, and dedicated parking for clients and staff.

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Office Building with Meeting Rooms
Office Building with Meeting Rooms

456 FULTON Street, Peoria, IL 61602

$332,500
0.24 AC lot

Approximately 10,500+ SF office space in the Twin Towers, with two primary tenants and additional business address income.

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Mixed-Use Commercial Strip Center
Mixed-Use Commercial Strip Center

4325 N Sheridan Road, Peoria, IL 61614

$870,344
13,978 sqft

Mixed-use commercial strip center with 11 units in Peoria, IL.

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Turnkey Restaurant and Cafe
Turnkey Restaurant and Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000
0.68 AC lot

Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

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Versatile Commercial Building in Peoria
Versatile Commercial Building in Peoria

804 E FORREST HILL Avenue, Peoria, IL 61603

$70,000
1,500 sqft 0.09 AC lot

Adaptable commercial building suitable for various business uses.

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Automotive Workshop and Storage Facility
Automotive Workshop and Storage Facility

3523 W FARMINGTON Road, Peoria, IL 61604

$475,000
1.98 AC lot

Commercial property with a mechanics workshop, storage units, and a leased sales lot with additional workshop space.

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Downtown Mixed-Use Theater Complex
Downtown Mixed-Use Theater Complex

309-311 Main Street, Peoria, IL 61602

$599,000
14,966 sqft

Interconnected three-story mixed-use complex with on-site theater and direct rear parking deck access.

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Gutted Restaurant Building and Land
Gutted Restaurant Building and Land

1321 N PARK Road, Peoria, IL 61604

$299,000
2.13 AC lot

A cleared restaurant interior on over two acres with dedicated parking, positioned directly across from Bradley Park.

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Versatile Commercial Building
Versatile Commercial Building

2405 N UNIVERSITY Street, Peoria, IL 61604

$80,000
0.17 AC lot

CG-zoned commercial building on N. University Street with stated average traffic of 600 vehicles per hour.

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Industrial Flex Property
Industrial Flex Property

1034 NE ADAMS Street, Peoria, IL 61603

$950,000
2.01 AC lot

Industrial flex and office space with commercial use on a 2-acre lot.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000
2.92 AC lot

3-acre commercial land in high-traffic Peoria area.

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Government Office Building Investment
Government Office Building Investment

607 Main St, Peoria, IL 61602

$3,788,000
40,697 sqft 0.57 AC lot

Institutionally leased government office with 100% occupancy under a gross lease and scheduled rental increases.

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Commercial Development Land Parcel
Commercial Development Land Parcel

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

$75,000
0.80 AC lot

Commercially zoned land offering legal descriptions for multiple lots within Groves Subdivision.

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Peoria Land with Tillable Soil
Peoria Land with Tillable Soil

W FARMINGTON Road, Peoria, IL 61604

$249,900
22.34 AC lot

22.34 acres in Peoria, IL with tillable soil.

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West Peoria Two-Story Office Building
West Peoria Two-Story Office Building

1716 N. University St. West, Peoria, IL 61604

$420,000
11,496 sqft 2.80 AC lot

Two-story office building in West Peoria on 2.8 acres.

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Peoria Church Building For Sale
Peoria Church Building For Sale

3201 NE MADISON Avenue, Peoria, IL 61603

$70,000
0.31 AC lot

Church building with recent improvements offered at a low price.

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Restaurant and Coffee Shop Property
Restaurant and Coffee Shop Property

3624 N University St, Peoria, IL 61604

$3,084,000
1,268 sqft

Commercial property offered for coffee shop and restaurant use, sized to support a dedicated food-and-beverage tenant.

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Mixed-Use Restaurant Building
Mixed-Use Restaurant Building

1219 W MAIN Street, Peoria, IL 61606

$350,000

Commercial building configured with a main-level restaurant and two upstairs apartments, offering additional space for expansion.

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Multi-Tenant Office Building For Sale
Multi-Tenant Office Building For Sale

1300 W Commerce Dr, Peoria, IL 61615

$1,450,000
11,892 sqft 1.31 AC lot

Well-maintained office property in North Peoria commercial corridor.

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Multi-Parcel Development Land
Multi-Parcel Development Land

710 & 714 SPAULDING Avenue, Peoria, IL 61603

$425,000
0.44 AC lot

Buildable 0.44-acre site comprised of three separate parcels, currently zoned residential.

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Historic Storefront with Oak Facade
Historic Storefront with Oak Facade

1209 SW Adams Street, Peoria, IL 61602

$170,000
800 sqft

Approximately 800 sq. ft. storefront with original hardwood floors, exposed brick, and a handcrafted oak storefront with large glass windows.

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Commercial Land Build-to-Suit Lot
Commercial Land Build-to-Suit Lot

W ALTA Road, Peoria, IL 61615

$499,900
1.29 AC lot

Commercially zoned 1.29-acre lot available for sale or build-to-suit development in Peoria, Illinois.

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Peoria, IL Commercial Real Estate Market Trends and Statistics

Explore 166 commercial real estate for sale in Peoria, IL, showcased through 166 active listings on our real estate platform. These investment opportunities span a total of 929,221 square feet of properties for sale, with an estimated market value of $67,898,342.

Sale prices for business properties in Peoria, IL start at $60,000, averaging $1,044,589, and reaching up to $7,918,000 — 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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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
61605 $171.3K
61603 $459.9K
61604 $566.4K
61606 $712K
61615 $930.7K

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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