East Peoria, IL Commercial Real Estate for Lease and Sale

Explore 20 listings of East Peoria commercial real estate to find the best space for your business.

215 Taylor St

215 Taylor St, East Peoria, IL
Property

Industrial

49,540 SF
Availability

1 Space

5,449 SF
Year Built

1968
For Lease

$2,950.00/MO
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900 Riverside Dr

900 Riverside Dr, East Peoria, IL
Property

Retail

6,900 SF
For Sale

$1,250,000
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100 Spring Creek Road

100 Spring Creek Road, East Peoria, IL
Property

Retail

9,000 SF
Availability

1 Space

9,000 SF
For Lease Contact for pricing
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127 Fauber Ln

127 Fauber Ln, East Peoria, IL
Property

Industrial

5,600 SF
For Sale

$308,000
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Office Retail Industrial

Office Retail Industrial Land
700 S Main St

700 S Main St, East Peoria, IL
Property

Industrial

4,828 SF
Year Built

2006
For Sale

$395,000
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125 Thunderbird Lane

125 Thunderbird Lane, East Peoria, IL
Property

Industrial

15,000 SF
Availability

4 Spaces

36,403 SF
For Lease Contact for pricing
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Fondulac Plaza

2410-2530 Washington St, East Peoria, IL
Property

Retail

19,140 SF
Availability

5 Spaces

46,432 SF
For Lease

$12.00 - $2,583.00/SF/YR
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230 Conference Center Dr

230 Conference Center Dr, East Peoria, IL
Property

Retail

8,411 SF
Year Built

2007
For Sale

$3,200,000
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Sanford St

Sanford St, East Peoria, IL
Property

VacantLand
Year Built

1947
For Sale

$299,900
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3000-3004 N Main St

3000-3004 N Main St, East Peoria, IL
Property

Office

8,378 SF
Year Built

1998
For Sale

$999,000
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2402 E Washington St

2402 E Washington St, East Peoria, IL
Property

Office

7,210 SF
Availability

1 Space

7,210 SF
Year Built

1979
For Lease

$12.00/SF/YR
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230 Conference Center Dr

230 Conference Center Dr, East Peoria, IL
Property

Retail

8,411 SF
Availability

1 Space

8,411 SF
Year Built

2007
For Lease Contact for pricing
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1839 1/2 highview rd

1839 1/2 highview rd, East Peoria, IL
Property

Events & Media

4,200 SF
Year Built

1964
For Sale Contact for pricing
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501 W Washington St

501 W Washington St, East Peoria, IL
Property

Retail

40,000 SF
Availability

1 Space

40,000 SF
For Lease

$25.00/SF/YR
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215 Taylor St

215 Taylor St, East Peoria, IL
Property

Industrial

49,540 SF
Availability

5 Spaces

70,782 SF
Year Built

1968
For Lease

$5.00/SF/YR
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2500 N Main St

2500 N Main St, East Peoria, IL
Property

Office

3,122 SF
Availability

1 Space

3,122 SF
Year Built

1960
For Lease

$10.75/SF/YR
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362 West Washington Street

362 West Washington Street, East Peoria, IL
Property

Retail

1,251 SF
Availability

1 Space

1,251 SF
For Lease

$39.00/SF/YR
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IL Rt 116 @ Highview, East Peoria. IL

IL-116 & Highview Rd, East Peoria, IL
Property

Land

19.5 Acre
For Sale

$1,500,000
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422 E Washington st

422 E Washington st, East Peoria, IL
Property

Office

3,200 SF
Availability

1 Space

630 SF
For Lease

$700.00/MO
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Community Plaza

260 S Main St, East Peoria, IL
Property

Retail

46,257 SF
Availability

2 Spaces

20,298 SF
Year Built

1986
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The East Peoria commercial real estate market incorporates 21,910 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The East Peoria commercial real estate market includes 132,470 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the East Peoria market, there is a total of 124,508 square feet of industrial property.

The listing inventory in East Peoria incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in East Peoria is represented by Retail space, which accounts for 125,392 square feet of available listings. Industrial space available in East Peoria adds up to 112,634 square feet.

Meanwhile, most of the listings of commercial property for sale in East Peoria are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in East Peoria is $12.12 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in East Peoria can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in East Peoria, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $39 per square foot.

The average size of a commercial property in East Peoria depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In East Peoria, the average size of an office property is 5,478 square feet.
Retail properties here incorporate an average of 18,925 square feet.
Industrial space in East Peoria is in buildings that are, on average 24,902 square feet in size.

East Peoria, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in East Peoria currently add up to 208,988 square feet. The market offers 4 active office listing(s), which amount to 10,962 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 85,392 square feet across 6 retail space(s). Industrial space for rent opportunities in East Peoria amount to 112,634 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	10,962
Retail	6	85,392
Industrial	3	112,634

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in East Peoria, IL. Currently, there is 38,337 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 2 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	8,378
Retail	2	15,311
Industrial	2	10,428
Other	3	4,220

East Peoria, IL Commercial Real Estate for Lease and Sale

215 Taylor St

900 Riverside Dr

100 Spring Creek Road

127 Fauber Ln

700 S Main St

125 Thunderbird Lane

Fondulac Plaza

230 Conference Center Dr

Sanford St

3000-3004 N Main St

2402 E Washington St

230 Conference Center Dr

1839 1/2 highview rd

501 W Washington St

215 Taylor St

2500 N Main St

362 West Washington Street

IL Rt 116 @ Highview, East Peoria. IL

422 E Washington st

Community Plaza

Frequently Asked Questions

East Peoria, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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East Peoria, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in East Peoria, IL?

What factors affect the price of commercial real estate in East Peoria, IL?

What is the average rent for commercial space in East Peoria, IL?

What are the best areas for commercial real estate in East Peoria, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in East Peoria, IL?

East Peoria, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us