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    East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Washington, IL Pekin, IL Groveland, IL
    49 properties
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    Versatile Commercial Space in Peoria
    Updated: Feb 20
    Versatile Commercial Space in Peoria

    3212 N University St, Peoria, IL 61604

    $189,900
    1,385 sqft
    Versatile commercial space suitable for retail, office, boutique, or service‑based businesses.
    For sale or for lease, offering flexibility for different buyer needs.
    Adaptable layout allows for multiple business configurations and customization.
    Strong option for investors seeking income potential.
    Affordable commercial ownership opportunity with potential for long‑term appreciation.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3212 N University St, Peoria, IL 61604

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $237K
      Above asking
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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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    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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    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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    Downtown Office Suite with Parking
    Downtown Office Suite with Parking

    214 SW JEFFERSON Avenue, Peoria, IL 61602

    $59,900

    Office suite includes a reception foyer, two private offices, kitchenette, private restroom, and one rear parking space.

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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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    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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    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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    Versatile Storefront & Office Space
    Versatile Storefront & Office Space

    1209 SW Adams Street, Peoria, IL 61602

    $189,900
    876 sqft

    Compact storefront with a flexible interior layout suited for retail, office, service, or showroom use.

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    Mixed-Use Retail and Office Building
    Mixed-Use Retail and Office Building

    309 Main Street, Peoria, IL 61602

    $324,900
    4,953 sqft

    Three-story building includes leased retail on the main level and office space on the second and third floors.

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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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    Multi-Use Industrial Warehouse Office
    Multi-Use Industrial Warehouse Office

    2706 Sw Washington Street, Peoria, IL 61602

    $350,000
    15,000 sqft

    Multi-use warehouse-office space with upgraded electrical, plumbing, fire systems, high ceilings, and rear rail access.

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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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    Peoria Flex Warehouse/Office Space
    Peoria Flex Warehouse/Office Space

    2305 W Altorfer Drive, Peoria, IL 61615

    $699,000
    11,400 sqft

    11,400 SF flex space on 1.25 acres for sale.

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    Office Space on Knoxville Avenue
    Office Space on Knoxville Avenue

    7131 N Knoxville, Peoria, IL

    $1,250,000
    5,393 sqft 2.63 AC lot

    Office spaces available for lease on Knoxville Avenue in Peoria.

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    Peoria Heights Office For Sale
    Peoria Heights Office For Sale

    3310 N Prospect Rd, Peoria, IL 61603

    $329,000
    5,784 sqft

    5,784 SF office space available for sale or lease.

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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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    6,300 SF Office Building
    6,300 SF Office Building

    216 NE Perry Ave, Peoria, IL

    $649,000
    6,300 sqft 0.21 AC lot

    6,300 SF office building on a 5-acre lot.

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    Versatile Building in Warehouse District
    Versatile Building in Warehouse District

    1201 SW Adams St, Peoria, IL

    $290,000
    4,678 sqft 0.19 AC lot

    4,678 SF building suitable for retail, office, or industrial use.

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    Vehicle-Related Commercial Lot
    Vehicle-Related Commercial Lot

    518 W MAIN Street, Peoria, IL 61606

    $60,000
    732 sqft 0.23 AC lot

    Vehicle-related commercial lot with a small brick-and-aluminum office building and flat roof.

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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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    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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    Peoria, IL Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Peoria, IL, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 425,134 square feet of properties for sale, with an estimated market value of $32,200,346.

    Sale prices for office spaces in Peoria, IL start at $60,000, averaging $1,006,260, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 98
    Office buildings 28
    Medical Office Space 16
    Coworking space 3

    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 $361.8K
    61603 $465.6K
    61602 $930.3K
    61606 $999K
    61615 $1.3M

    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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    Most Searched ZIP Codes in Peoria, IL

    • 61615
    • 61604
    • 61614
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    • 61603
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