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    Peoria, IL

    Peoria, IL Commercial Real Estate for Sale

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    Office Space on Knoxville Avenue
    Updated: Sep 26, 2025
    Office Space on Knoxville Avenue

    7131 N Knoxville, Peoria, IL

    $1,250,000
    5,393 sqft · 2.63 AC lot
    Flexible office space options available, ranging from 1,350 SF to 5,393 SF.
    High‑traffic Knoxville Ave address with 25,600 CPD.
    Abundant parking with 60+ spaces.
    Larger space includes a reception area, private offices, conference room, workstations, lunch room, and restrooms.
    Furniture available if needed.
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    This listing looks promising.

    Here's a quick look at some key insights for

    7131 N Knoxville, Peoria, IL

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $70K
      Annual

    • Mortgage

      $984K
      Oct 2023

    • Last Sold

      Oct 2023
      $1.23M
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    Corner Office Building with Patio
    Updated: Apr 8
    Corner Office Building with Patio

    6216 N SHERIDAN Road, Peoria, IL 61614

    $134,900
    0.27 AC lot
    High‑visibility corner location in North Peoria with easy access to major retail, schools, and the interstate.
    Bright, open main space with vaulted ceilings and flexible layout suitable for various business types.
    Dedicated 6‑stall on‑site parking for clients and staff.
    New roof (2024) providing peace of mind.
    Well‑maintained building with front office area, multiple workspaces, and 2 half bathrooms.
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    Specialty Commercial Building with Parking
    Specialty Commercial Building with Parking

    7319 N UNIVERSITY Street, Peoria, IL 61614

    $417,000
    1.14 AC lot

    Updated specialty commercial building with ADA restrooms, large windows, and an oversized parking lot for customer convenience.

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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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    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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    Turnkey Dirt Track Stadium
    Turnkey Dirt Track Stadium

    3520 W Farmington Rd, Peoria, IL 61604

    $550,000
    1,536 sqft · 30.00 AC lot

    Fully equipped 1/4-mile dirt oval motorsports venue with grandstands, lighting, concessions, and an on-site two-story office.

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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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    Former Health Clinic Facility
    Former Health Clinic Facility

    7801 N. Knoxville Avenue, Peoria, IL 61615

    $975,000

    Former clinic space with multiple exam rooms, waiting areas, and ample on-site parking on a 2.18-acre lot.

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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

    A commercial property combining a mechanics workshop, storage units, and a leased sales lot for automotive-focused operators.

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    Mixed-Use Flex Warehouse Building
    Mixed-Use Flex Warehouse Building

    8630 N Allen Rd, Peoria, IL 61615

    $995,000

    Value-add flex building combining office, retail, and warehouse space with an established tenant in place through 1/31/28.

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

    4325 N Sheridan Road, Peoria, IL 61614

    $1,074,455
    13,978 sqft

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

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    Infrastructured C-2 Development Land
    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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    42,942 SF Building on 4.1 Acres
    42,942 SF Building on 4.1 Acres

    2000 E Washington, Bayview Garde, IL 61611

    $1,139,000
    42,942 sqft · 4.10 AC lot

    42,942 SF building on 4.1 acres for sale.

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    Commercial Land with Main Street Frontage
    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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    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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    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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    Updated Storefront Retail Building
    Updated Storefront Retail Building

    7319 N University Street, Peoria, IL 61614

    $417,000
    2,610 sqft

    A bright, renovated storefront with large windows, ADA restrooms, and ample parking for customer-facing businesses.

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    Turnkey QSR Restaurant with Drive-Thru
    Turnkey QSR Restaurant with Drive-Thru

    1017 W Main St, Peoria, IL 61606

    $425,000
    3,380 sqft

    Freestanding turnkey restaurant with a wrap-around drive-thru, full commercial kitchen support, and ADA-compliant facilities.

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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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    Retail and Office Suites Available
    Retail and Office Suites Available

    7700-7730 N Grand Prairie Dr, Peoria, IL

    $3,396,852
    1,100 sqft · 64.75 AC lot

    Retail and office suites for lease in Peoria, Illinois.

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    Established Family Dollar Store For Sale
    Established Family Dollar Store For Sale

    330 N Western Ave, Peoria, IL

    $640,000
    10,834 sqft · 0.63 AC lot

    10,834 SF Family Dollar store in stable market.

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    Downtown Office Condominium with Conference Room
    Downtown Office Condominium with Conference Room

    456 Fulton Street Unit 350, Peoria, IL 61602

    $180,000
    159,000 sqft

    Office condominium near City Hall with multiple offices and a conference room for professional services.

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    Multi-Use Office and Warehouse Building
    Multi-Use Office and Warehouse Building

    817 NE Adams Street, Peoria, IL 61603

    $249,900
    5,700 sqft

    A well maintained building combining front office/retail space with a rear warehouse and newly updated warehouse flooring.

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    Peoria, IL Commercial Real Estate Market Trends and Statistics

    Explore 153 commercial real estate for sale in Peoria, IL, showcased through 153 active listings on our real estate platform. These investment opportunities span a total of 1,355,655 square feet of properties for sale, with an estimated market value of $78,528,097.

    Sale prices for business properties in Peoria, IL start at $70,000, averaging $1,033,264, 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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    Most Searched ZIP Codes in Peoria, IL

    • 61615
    • 61604
    • 61614
    • 61603
    • 61602
    • 61605
    • 61606
    • 61601
    • 61607
    • 61611
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