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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 Pekin, IL Washington, IL North Pekin, IL
    Mixed-Use Commercial Strip Center
    Updated: May 19
    Mixed-Use Commercial Strip Center

    4325 N Sheridan Road, Peoria, IL 61614

    Contact for pricing
    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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    Anchored Shopping Center with Two Tenants
    Updated: Apr 15, 2025
    Anchored Shopping Center with Two Tenants

    2004-2010 N Knoxville Ave, Peoria, IL 61603

    Contact for pricing
    24,879 sqft
    23,856 SF retail strip center
    Anchored by Rent‑A‑Center and Arona Home Essentials
    New roof 12/2022 with 20‑year transferable warranty
    3 new HVAC systems installed in 2023
    Parking lot re‑sealed and striping completed in spring 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 SF retail center with value-add potential in Peoria, IL.

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    See hot listings in Peoria

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Strip Mall Near Lincoln’s Tomb
    Strip Mall Near Lincoln’s Tomb

    121 E N Grand Avenue, Springfield, IL 62702

    $899,000

    S-2-zoned retail property with a varied tenant mix near downtown Springfield.

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    Two-Story Strip Center
    Two-Story Strip Center

    1717 R T Dunn Dr, Bloomington, IL 61701

    Contact for pricing
    21,468 sqft

    Two-story multi-tenant strip center anchored by local services and fitness tenants.

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    Multi-Tenant Strip Mall
    Multi-Tenant Strip Mall

    121 E North Grand Avenue, Springfield, IL 62702

    $899,000

    S-2-zoned retail center near downtown Springfield and major local destinations.

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    Retail Strip Center with Parking
    Retail Strip Center with Parking

    1605 Morrissey Dr, Bloomington, IL 61704

    Contact for pricing
    23,181 sqft

    Retail strip center offering visibility from Veterans Parkway and ample on-site parking, with recent upgrades to the property and lot.

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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 38,857 square feet of properties for sale, with an estimated market value of $2,825,000.

    Sale prices for retail strips 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

    Storefront properties 33
    Shopping centers 30
    Automotive properties 7
    Showrooms 5
    Auto shops 2

    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 $1.4M

    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.

    How Realmo verifies these figures

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