Peoria, IL Office Buildings for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Spring Bay, IL Washington, IL Pekin, IL

23 properties

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Updated: Jul 13

Office Building with Oversized Parking

7319 N University Street, Peoria, IL 61614

$417,000

2,610 sqft

Numerous 2022 updates: new metal roof, HVAC system, paint, and flooring
Office building with large windows for natural light throughout the space
Includes two ADA‑accessible restrooms
Basement dewatering system included
Oversized parking lot providing ample parking for customers, clients, or employees

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Here's a quick look at some key insights for

7319 N University Street, Peoria, IL, IL 61614

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$34K
Annual
Price @ 7% Cap

$482K
Above asking
Last Sold

May 2012
$375K

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Updated: Apr 8

Church Facility with Vaulted Ceilings

6216 N SHERIDAN Road, Peoria, IL 61614

$130,000

0.27 AC lot

Church and religious facility on a 0.27‑acre corner parcel
Open main area with vaulted ceilings and flexible workspace layout
New roof installed in 2024
Six‑stall on‑site parking
French doors provide access to a patio area

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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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Three-Story Office Building

2 News Plaza, Peoria, IL 61614

$2,021,000

38,904 sqft 5.00 AC lot

Three-story office building with river-view offices, full sprinklers, and an attached parking deck.

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Multi-Tenant Office Building

5016 N University St, Peoria, IL 61614

$670,000

11,649 sqft

Office property combines existing tenancy with vacant suites for owner occupancy, expansion, or additional leasing.

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Single-Tenant State Office Building

607 Main St, Peoria, IL 61602

$3,788,000

40,697 sqft 0.57 AC lot

Single-tenant office operated by the Illinois Department of Corrections under a gross lease with three years remaining.

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Fully Leased Office Building

4809 Sheridan Road, Peoria, IL 61614

$575,000

4,586 sqft

C1-zoned office property with health and wellness tenants, lower-level training space, and accessible on-site parking.

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Multi-Tenant Office Building For Sale

1300 W Commerce Dr, Peoria, IL 61615

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11,892 sqft 1.31 AC lot

Well-maintained office property in North Peoria commercial corridor.

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Two-Property Government Office Portfolio

2001 NE Jefferson Avenue, Peoria, IL 61603

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62,697 sqft

Two government office buildings in Peoria are 100% occupied on gross leases with 2% annual rent escalations.

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Multi-Suite Office Building

2619 W Heading Ave, Peoria, IL 61604

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18,206 sqft

Professional office building totaling 18,206 SF with multiple suites available for lease.

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Multi-Tenant Mixed-Use Building

712 W Main St, Peoria, IL 61606

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3,471 sqft 0.09 AC lot

Multi-tenant building with four units and 100% occupancy, plus adjacent public parking and nearby street parking.

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Office Building

325 Romeo B Garrett Ave, Peoria, IL 61605

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15,702 sqft

For sale office building totaling 15,702 SF.

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Multi-Use Office Building

3310 N Prospect Rd, Peoria, IL 61603

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6,504 sqft

Office building with open main level, upper reception area, and ample on-site parking.

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Three-Story Fully Sprinklered Office Building

1 News Plz, Peoria, IL 61614

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38,904 sqft 5.00 AC lot

Fully sprinklered three-story office with elevator access, river-view offices, and an attached parking deck.

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Commercial Office Building with Zoning Change

842 W. Glen Avenue, Peoria, IL 61604

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For-sale office building on heavily traveled W. Glen Avenue, with a zoning change noted in the remarks.

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Three-Story Downtown Office Building

414 Hamilton Blvd, Peoria, IL 61602

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Three-story office building for sale with an adjoining parking lot included in the offering.

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Office Building

1901 Ruppman Plaza, Peoria, IL 61614

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Office building for sale located off Route 150 near Goodwill Industries and the Peoria Journal Star.

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Multi-Entry Office Building

806 E Kansas St, Peoria, IL 61603

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Flexible 6,493 SF office layout with multiple entry points, private offices, conference rooms, and ample parking on-site.

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Peoria Office Building For Sale

606 W Fayette St, Peoria, IL 61603

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16,000 sqft

16,000 sqft office building available for purchase.

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Social Security Office Building

815 - 817 W Pioneer Pkwy, Peoria, IL 61615

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Office building offered for sale with a Social Security Administration use.

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Downtown Peoria Warehouse/Office Opportunity

1335 SW Washington St, Peoria, IL 61602

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110,900 sqft

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

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Four-Story Limestone-Clad Office Building

408 SW Washington St, Peoria, IL 61602

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21,400 sqft

Frank Lloyd Wright–inspired four-story limestone-clad office building with ample parking near riverfront restaurants and retail.

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Office

1315 W Commerce Dr, Peoria, IL 61615

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12,165 sqft

Office buildings · 12,165 SF

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Peoria, IL

Peoria, IL Office Buildings Market Trends and Statistics

Explore 23 office buildings for sale in Peoria, IL, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 416,287 square feet of properties for sale, with an estimated market value of $7,933,500.

Sale prices for office properties in Peoria, IL start at $130,000, averaging $1,133,357, and reaching up to $3,788,000 — 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

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	$70K
61604	$420K
61615	$800K
61614	$951.7K
61602	$2.1M

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 25,000 to 50,000 square foot range.

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