Peoria, IL Shopping Centers 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

10 properties

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Updated: Sep 25, 2025

Peoria Retail Center For Sale

4410 N Knoxville Ave, Peoria, IL 61614

$2,825,000

46,620 sqft

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.

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Updated: Jul 6

Freestanding Retail Outlot Buildings

4700 North University Street, Peoria, IL 61614

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57,368 sqft

Fee simple sale of 100% interest in Metro Centre Outlots in Peoria, IL.
Includes 5 freestanding retail buildings positioned within Metro Centre.
Four freestanding multi‑tenant buildings in the offering.
One freestanding single‑tenant building included in the offering.

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Retail and Office Multi-Tenant Property

7700 North Grand Prairie Drive, Peoria, IL 61615

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22,210 sqft 2.42 AC lot

Multi-tenant retail and office property with 14 units and a surface parking lot directly accessible to the buildings.

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Anchored Shopping Center with Two Tenants

2004-2010 N Knoxville Ave, Peoria, IL 61603

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24,879 sqft

Anchored by Rent-A-Center and Arona Home Essentials with early lease extensions from tenants.

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Two-Tenant Retail Shopping Center

2200 W War Memorial Dr, Peoria, IL 61615

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Fee simple opportunity featuring two leased tenants anchored at Northwoods Mall in Peoria.

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Multi-Tenant Retail Center

2004 Knoxville Ave, Peoria, IL 61603

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Knoxville Plaza is a multi-tenant retail center with strong interstate access and recent roof and HVAC improvements.

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Inline Retail Suite

5832 Knoxville Avenue; Suite F, Peoria, IL 61614

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Inline 543-square-foot retail suite in a shopping center, currently occupied by GP Miller Florist and adjacent to Preckshot Pharmacy.

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Retail Store in Grocery-Anchored Center

7611 N Grand Prairie Drive, Peoria, IL 61615

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A 2006-built Gordmans store positioned within a high-visibility, ample-parking retail complex connected to a Hy-Vee.

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Central Peoria Retail Opportunity

4816 N University St, Peoria, IL 61614

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31,250 sqft

Retail property for sale in central Peoria near University.

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Prime Commercial Location

10405 North Centerway Drive, Peoria, IL 61615

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Commercial land near Route 6 Interchange, Peoria, IL

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Established strip shopping center with multiple current tenants and a fenced outside storage area.

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Retail Pad Site Shopping Center

1701 E Empire St, Bloomington, IL 61704

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2.13 AC lot

Corner pad site available for sale within Bloomington Commons, with major tenants including Texas Roadhouse and Olive Garden.

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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.

B-3 Commercial Land

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000

3.55 AC lot

Level commercial land with B-3 zoning and public sewer service.

Value Estimation by Request

468,520 sqft

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Peoria, IL Shopping Centers Market Trends and Statistics

Explore 18 shopping centers for sale in Peoria, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 182,327 square feet of properties for sale, with an estimated market value of $2,825,000.

Sale prices for plazas in Peoria, IL average $2,825,000 — 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
61614	$2.8M

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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