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    Peoria, IL Strip Malls for Sale

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    East Peoria, IL Bartonville, IL Creve Coeur, IL
    Mixed-Use Commercial Strip Center
    $1,074,455
    13,978 SF

    Mixed-Use Commercial Strip Center

    4325 N Sheridan Road, Peoria, IL 61614

    Mixed-use commercial strip center with 11 units in Peoria, IL.

    • 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.
    Updated: May 19
    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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    Peoria Retail Center For Sale
    $3,100,000
    46,620 SF

    Peoria Retail Center For Sale

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

    4410 N Knoxville Ave, Peoria, IL 61614
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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
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Commercial Building in Chatham, Illinois
    $225,000

    Commercial Building in Chatham, Illinois

    Strip-style building with four units and high visibility.

    602 E WALNUT Street, Chatham, IL 62629
    View details
    Retail Hub in Springfield, IL
    $7,220,000
    1,600 SF

    Retail Hub in Springfield, IL

    Retail spaces available in established County Market Plaza.

    2723-2779 S 6th St, Springfield, IL
    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
    Chatham Strip Mall For Sale
    $240,000
    2,240 SF

    Chatham Strip Mall For Sale

    Strip mall in Chatham with four units and new roof.

    602 E WALNUT Street, Chatham, IL 62629
    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
    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres

    Elgin Land Development Opportunity

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

    40 Acres Randall Road, Elgin, IL 60123
    View details
    2.91 Acres Corner Location
    Contact for pricing
    2.91 Acres

    2.91 Acres Corner Location

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

    Lot 1 West Stuenkel Road, University Park, IL 60484
    View details
    Flossmoor Commercial Development Opportunity
    $399,900
    2.53 Acres

    Flossmoor Commercial Development Opportunity

    2.53-acre commercial land parcel in Flossmoor, Illinois.

    19611 Crawford Avenue, Flossmoor, IL 60422
    View details

    Peoria, IL Strip Malls Investment Opportunities Market Analysis

    Explore 4 strip malls for sale in Peoria, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 91,596 square feet of properties for sale, with an estimated market value of $7,733,455.

    Sale prices for retail strips in Peoria, IL start at $899,000, averaging $1,933,363, and reaching up to $3,100,000 — 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
    Automotive properties 9
    Storefront properties 8
    Auto shops 4
    Parking lots & garages 4

    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 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 $3.1M

    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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