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    Peoria, IL
    Strip Mall

    Peoria, IL Strip Malls 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
    Mixed-Use Commercial Strip Center
    Updated: May 19
    Mixed-Use Commercial Strip Center

    4325 N Sheridan Road, Peoria, IL 61614

    $870,344
    13,978 sqft
    High‑traffic location near Lake & Sheridan, close to major retail like Sheridan Village and HyVee.
    NNN Mixed‑Use Commercial Strip Center with 11 units, supporting retail, restaurant, office, and medical tenants.
    Several long‑term, established tenants and professional management are already in place.
    Separately metered spaces for streamlined overhead management.
    Ample surface parking to accommodate high‑volume traffic.
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    Retail Strip Center For Sale
    Updated: Apr 15, 2025
    Retail Strip Center For Sale

    2004-2010 N Knoxville Ave, Peoria, IL

    $2,660,000
    24,879 sqft 1.42 AC lot
    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
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multi-Unit Retail Strip Center
    Multi-Unit Retail Strip Center

    212 W LAUREL Street, Springfield, IL 62704

    $123,000
    0.27 AC lot

    Strip center offers four separate fully rented units with tenants paying their own utilities.

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    Updated Strip Mall Building
    Updated Strip Mall Building

    602 E WALNUT Street, Chatham, IL 62629

    $225,000

    Strip style building offers four separate retail units with a newly installed roof.

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    Retail Outparcel in Shopping Center
    Retail Outparcel in Shopping Center

    2800-2808 SW Plaza Dr, Springfield, IL

    $4,095,000
    11,873 sqft 1.04 AC lot

    Retail property in high-traffic location near major retailers.

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    Chatham Strip Mall For Sale
    Chatham Strip Mall For Sale

    602 E WALNUT Street, Chatham, IL 62629

    $225,000
    2,240 sqft

    Strip mall in Chatham with four units and new roof.

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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.

    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

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

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    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

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    2.91 Acres Corner Location
    2.91 Acres Corner Location

    Lot 1 West Stuenkel Road, University Park, IL 60484

    Contact for pricing
    2.91 AC lot

    2.91 acres in Will County, corner location, industrial park.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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    Peoria, IL Strip Malls Market Trends and Statistics

    Explore 3 strip malls for sale in Peoria, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 85,477 square feet of properties for sale, with an estimated market value of $6,355,344.

    Sale prices for retail strips in Peoria, IL start at $870,344, averaging $2,118,448, and reaching up to $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

    Shopping centers 34
    Storefront properties 13
    Automotive properties 9
    Auto shops 5
    Banks 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
    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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