Mixed-Use

Peoria, IL Mixed-use Properties for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Washington, IL Pekin, IL Groveland, IL
Downtown Mixed-Use Theater Complex
Updated: Apr 8
Downtown Mixed-Use Theater Complex

309-311 Main Street, Peoria, IL 61602

$599,000
14,966 sqft
21,915 SF interconnected, three‑story mixed‑use complex with retail, office, residential, and restaurant space
Located in downtown Peoria, IL directly across from the Peoria County Courthouse
Specialized theater venue on‑site, plus a subterranean bar/restaurant
Fully sprinklered buildings with direct access to a rear parking deck
Existing tenants at 309 Main Street: Leiter Group law offices and CxT Roasting Company for immediate cash flow
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Mixed-Use Building Near War Memorial
Updated: Oct 17, 2024
Mixed-Use Building Near War Memorial

3709 N Sheridan Rd, Peoria, IL

$109,000
1,463 sqft 0.64 AC lot
Income‑producing property with a currently rented 1‑bedroom/1‑bathroom apartment.
Recently updated with a NEW ROOF (2020) and significant INTERIOR RENOVATIONS in 2022 including LED lighting, ceilings, fixtures, flooring, kitchen, and paint.
Versatile mixed‑use building suitable for office or retail on the main floor (1,127 SF) with an open layout, kitchen, conference area, private office, and restroom.
Centrally located near War Memorial and Sheridan Road.
Over $30,000 in recent improvements.
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North Peoria Mixed-Use Opportunity
North Peoria Mixed-Use Opportunity

8001 N University St, Peoria, IL 61615

$1,750,000
37,750 sqft 4.49 AC lot

37,750 SF office/retail/warehouse space for sale in North Peoria.

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Downtown Peoria Warehouse/Office Opportunity
Downtown Peoria Warehouse/Office Opportunity

1335 SW Washington St, Peoria, IL 61602

$1,119,000
110,900 sqft

110,900 SF Peoria building suitable for warehouse or office use.

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Retail/Office Building on Knoxville Avenue
Retail/Office Building on Knoxville Avenue

1916 Knoxville Ave, Peoria, IL 61603

$399,000
11,410 sqft 0.59 AC lot

11,410 SF retail/office building near downtown Peoria.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 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.

Four-Unit Mixed-Use Building
Four-Unit Mixed-Use Building

220 & 222 Meadow Avenue, East Peoria, IL 61611

$280,000
5,500 sqft

Mixed-use property with four residential apartment units and commercial space, for sale in East Peoria.

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Remodeled Mixed-Use Building For Sale
Remodeled Mixed-Use Building For Sale

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000
6,200 sqft

Fully occupied mixed-use building with long-term tenants and leases.

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Remodeled Mixed-Use Building in Groveland
Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

Fully occupied mixed-use property with long-term tenants and leases.

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Mixed-Use Building Near Morton
Mixed-Use Building Near Morton

3409 MEADOW Avenue, East Peoria, IL 61611

$314,900
0.70 AC lot

Multi-use building with commercial spaces and apartments near Morton.

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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.

Glen Avenue Commercial Development Opportunity
Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000
0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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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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High-Visibility Corner Lot
High-Visibility Corner Lot

201 North Washington Street, Carbondale, IL 62901

$40,000

Commercial corner lot in downtown Carbondale, ideal for development.

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Corner Commercial Development Land
Corner Commercial Development Land

2113 IL Route 47, Yorkville, IL 60560

$1,695,000
4.25 AC lot

4.25-acre B-3 zoned corner parcel with major Route 47 frontage for flexible commercial site development.

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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.

1605 Candletree Dr
Medical Office Space

1605 Candletree Dr, Peoria, IL 61614

Value Estimation by Request
1,200 sqft
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4100 Willow Knolls Dr
Individual retail properties

4100 Willow Knolls Dr, Peoria, IL 61615

Value Estimation by Request
2,980 sqft 1.05 AC lot
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10405 Centerway Dr
Retail properties & Spaces

10405 Centerway Dr, Peoria, IL 61615

Value Estimation by Request
0.75 AC lot
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Peoria, IL Mixed-Use Properties Market Trends and Statistics

Explore 8 mixed-use properties for sale in Peoria, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 176,489 square feet of properties for sale, with an estimated market value of $3,976,000.

Sale prices for multi use buildings in Peoria, IL start at $109,000, averaging $795,200, and reaching up to $1,750,000 — 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
61604 $189.9K
61614 $250K
61602 $1.1M
61615 $1.8M

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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