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    Peoria, IL Shopping Centers for Sale

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    East Peoria, IL Bartonville, IL Creve Coeur, IL
    Peoria Retail Center For Sale
    $3,100,000
    46,620 SF

    Peoria Retail Center For Sale

    4410 N Knoxville Ave, Peoria, IL 61614

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

    • High‑visibility location at a signalized intersection (Knoxville & Lake) with over 25,000 vehicles per day.
    • Anchored by Monical’s Pizza with a long‑term lease through 2033, providing stable income.
    • Value‑add potential through lease‑up of remaining vacancy and rent growth, with current rents below market rates.
    • Currently generating a NOI of approximately $230,000.
    • Rare first‑time sale offering a unique opportunity to acquire the property.
    Updated: Sep 25, 2025
    View details
    Retail Strip Center For Sale
    $2,660,000
    24,879 SF

    Retail Strip Center For Sale

    2004-2010 N Knoxville Ave, Peoria, IL

    23,856 SF retail strip center anchored by national tenants.

    • Anchored by Rent‑A‑Center & Arona Home Essentials
    • New Roof installed 12/2022 with 20‑year transferable warranty
    • Early Lease Extensions by Tenants
    • Close proximity to major economic & traffic drivers
    • Newly re‑sealed parking lot and striping completed in spring of 2023
    Updated: Apr 15, 2025
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    Three-Tenant Strip Center For Sale
    $899,000
    6,119 SF

    Three-Tenant Strip Center For Sale

    6,119 SF strip center on 0.84 acres, renovated in 2016.

    2014-2016 N Knoxville Ave, Peoria, IL
    View details
    Central Peoria Retail Opportunity
    $3,300,000
    31,250 SF

    Central Peoria Retail Opportunity

    Retail property for sale in central Peoria near University.

    4816 N University St, Peoria, IL 61614
    View details
    Prime Commercial Location
    Contact for pricing

    Prime Commercial Location

    Commercial land near Route 6 Interchange, Peoria, IL

    10405 North Centerway Drive, Peoria, IL 61615
    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Bloomington Retail Property For Sale
    $2,600,000
    54,429 SF

    Bloomington Retail Property For Sale

    Former post office with Dollar General and other tenants.

    1209 Towanda Avenue, Bloomington, IL 61701
    View details
    Retail Property with Ample Parking
    $900,000
    23,181 SF

    Retail Property with Ample Parking

    Retail property featuring recent upgrades and high visibility.

    1603 Morrissey Dr, Bloomington, IL
    View details
    Historic Mixed-Use Retail Destination
    $150,000
    53,423 SF

    Historic Mixed-Use Retail Destination

    Historic Springfield mall with retail, restaurant, and flexible spaces.

    107 W Cook St & 620 S 1st St, Springfield, IL 62704
    View details
    Retail Outparcel in Shopping Center
    $4,095,000
    11,873 SF

    Retail Outparcel in Shopping Center

    Retail property in high-traffic location near major retailers.

    2800-2808 SW Plaza Dr, Springfield, IL
    View details

    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.

    Prime Commercial Land I-55 Access
    $550,000
    1.63 Acres

    Prime Commercial Land I-55 Access

    1.63 acre commercial land near I-55 in Springfield, IL.

    6000 S 6th Street Frontage Road, Springfield, IL 62702
    View details
    Commercial Land Near Sports Complex
    $563,000
    5.63 Acres

    Commercial Land Near Sports Complex

    5.63 acre commercial development opportunity off Interstate 57.

    2995 County Road 1400 E, Rantoul, IL 61866
    View details
    Rantoul Commercial Development Opportunity
    $4,000,000
    40.00 Acres

    Rantoul Commercial Development Opportunity

    40-acre commercial land near I-57 in Rantoul, Illinois.

    2990 County Road 1400 E, Rantoul, IL 61866
    View details
    West Burlington Development Land Available
    $59,900
    1.31 Acres

    West Burlington Development Land Available

    1.31 +/- acres outlot near Westland Mall for development.

    Autumn Lane Lot : J, West Burlington, IA 52655
    View details

    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.

    10405 Centerway Dr

    10405 Centerway Dr

    Lifestyle centers • 2,127 SF
    Value Estimation by Request
    10405 Centerway Dr, Peoria, IL 61615
    View details
    4100 Willow Knolls Dr

    4100 Willow Knolls Dr

    Lifestyle centers • 272,809 SF
    Value Estimation by Request
    4100 Willow Knolls Dr, Peoria, IL 61615
    View details
    7327 Radnor Rd

    7327 Radnor Rd

    Lifestyle centers • 5,000 SF
    Value Estimation by Request
    7327 Radnor Rd, Peoria, IL 61615
    View details
    2619 University St

    2619 University St

    Neighborhood centers • 8,270 SF
    Value Estimation by Request
    2619 University St, Peoria, IL 61604
    View details
    602 Glen Ave

    602 Glen Ave

    Shopping centers • 61,967 SF
    Value Estimation by Request
    602 Glen Ave, Peoria, IL 61614
    View details
    8817 Knoxville Ave

    8817 Knoxville Ave

    Neighborhood centers • 156,000 SF
    Value Estimation by Request
    8817 Knoxville Ave, Peoria, IL 61615
    View details
    Orange Prairie Rd

    Orange Prairie Rd

    Lifestyle centers • 6.34 Acres
    Value Estimation by Request
    0 Orange Prairie Rd, Peoria, IL 61615
    View details
    91 & War Memorial Dr

    91 & War Memorial Dr

    Neighborhood centers • 468,520 SF
    Value Estimation by Request
    91 & War Memorial Dr, Peoria, IL 61615
    View details

    Peoria, IL Shopping Centers Investment Opportunities Market Analysis

    Explore 13 shopping centers for sale in Peoria, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 108,868 square feet of properties for sale, with an estimated market value of $9,959,000.

    Sale prices for plazas in Peoria, IL start at $899,000, averaging $2,489,750, and reaching up to $3,300,000 — 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

    Shopping centers 30
    Storefront properties 8
    Automotive properties 7
    Auto shops 3
    Parking lots & garages 3

    Property Size Breakdown

    The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

    Demographics Overview

    Population 161K
    Population Growth (5Y) -4.8%
    Median Household Income $60,369
    College Educated 13.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Peoria submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61614 $3.2M

    Taxes & Financing

    Tax Rate (average for all types) 9.17%
    Property Tax per SF $24.08 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Peoria, IL

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