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    Peoria, IL
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    Peoria, IL Retail Space 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
    17 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
    View Property Analytics
    Versatile Commercial Building in Peoria
    Updated: Apr 15
    Versatile Commercial Building in Peoria

    804 E FORREST HILL Avenue, Peoria, IL 61603

    $70,000
    1,500 sqft 0.09 AC lot
    Versatile ~1,500 sq ft commercial building suitable for various business uses.
    Flexible A6 zoning allows for retail, office, or service‑based businesses.
    Low annual taxes of $1,382.10.
    Efficient layout provides functional space for operations and customization.
    Manageable ~4,050 sq ft lot ideal for low‑maintenance ownership.
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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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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Corner Retail and Automotive Building
    Corner Retail and Automotive Building

    3037 N Prospect Road, Peoria, IL 61603

    $125,000
    1,144 sqft

    High-traffic corner lot with newer siding and updated office space for automotive or smaller retail uses.

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    Peoria Retail Center For Sale
    Peoria Retail Center For Sale

    4410 N Knoxville Ave, Peoria, IL 61614

    $2,825,000
    46,620 sqft

    46,620 SF retail center with value-add potential in Peoria, IL.

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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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    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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    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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    Retail Building on Corner Lot
    Retail Building on Corner Lot

    328 N Western Ave, Peoria, IL

    $149,995
    3,776 sqft 0.19 AC lot

    3,776 sq ft retail building with parking lot.

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    Freestanding Building on University Street
    Freestanding Building on University Street

    2026 N University St, Peoria, IL

    $249,900
    1,332 sqft 0.17 AC lot

    Stand-alone building suitable for medical, retail, or office use.

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    Versatile Retail-Office Building
    Versatile Retail-Office Building

    804 E Forrest Hill Avenue, Peoria, IL 61603

    $70,000
    1,517 sqft 0.09 AC lot

    A zoned A6 commercial building with an efficient layout, suited for retail, office, or service uses.

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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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    Retail Building for Sale
    Retail Building for Sale

    3214 N. Dries Lane, Peoria, IL 61604

    Contact for pricing
    19,269 sqft

    Retail building offered for sale with 19,269 SF of space.

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    Multi-Use Warehouse District Building
    Multi-Use Warehouse District Building

    800 SW Adams St, Peoria, IL 61602

    Contact for pricing

    Exposed brick concrete loft-style building offers retail, restaurant, office, flex, and residential development potential.

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    Freestanding Retail Building with Sign
    Freestanding Retail Building with Sign

    3308 N University St, Peoria, IL 61604

    Contact for pricing

    Freestanding retail building with primarily open layout, rear storage, and a large pylon sign.

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    Retail Outlots in Peoria, IL
    Retail Outlots in Peoria, IL

    Knoxville Ave, Peoria, IL 61615

    Contact for pricing

    Retail outlots available in Schnuck’s anchored shopping center.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Peoria, IL, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

    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.

    7327 Radnor Rd
    Lifestyle centers

    7327 Radnor Rd, Peoria, IL 61615

    Value Estimation by Request
    5,000 sqft 5.68 AC lot
    View details
    7044 University St
    Individual retail properties

    7044 University St, Peoria, IL 61614

    Value Estimation by Request
    View details

    Peoria, IL Retail Space Market Trends and Statistics

    Explore 19 retail space for sale in Peoria, IL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 120,609 square feet of properties for sale, with an estimated market value of $10,501,791.

    Sale prices for retail space in Peoria, IL start at $70,000, averaging $807,830, and reaching up to $3,396,852 — 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

    Shopping centers 34
    Storefront properties 13
    Automotive properties 8
    Auto shops 5
    Showrooms 4

    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 $131.6K
    61604 $344.9K
    61615 $1.4M
    61614 $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 100,000+ square foot range.

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    Most Searched ZIP Codes in Peoria, IL

    • 61615
    • 61603
    • 61604
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