West Peoria, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of West Peoria commercial real estate to find the best space for your business.

Woodridge Professional Building

2619 Heading Avenue, West Peoria, Peoria, IL
Property

Office

18,206 SF
Availability

16 Spaces

5,101 SF
For Lease

$13.07 - $600.00/SF/YR
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715 Western Ave Peoria

715 Western Ave Peoria, West Peoria, Peoria, IL
Property

Retail

3,214 SF
Availability

1 Space

3,214 SF
For Lease

$15.70/SF/YR
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2504 W Rohmann

2504 W Rohmann , West Peoria, Peoria, IL
Property

Retail

4,284 SF
Year Built

1940
For Sale

$149,000
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KFC

603 N Western Ave, West Peoria, Peoria, IL
Property

Retail

2,387 SF
Availability

1 Space

2,387 SF
Year Built

1995
For Lease

$12.00/SF/YR
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1209 SW Adams St

1209 SW Adams St, South Peoria, Peoria, IL
Property

Office

800 SF
For Sale

$149,000
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521 N. Main Street

521 N. Main Street, West Bluff, Peoria, IL
Property

VacantLand
For Sale

$1,000,000
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214 Pecan St.

214 Pecan St., South Peoria, Peoria, IL
Property

Office

6,100 SF
Availability

1 Space

6,100 SF
Year Built

1920
For Lease

$11.75/SF/YR
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718-720 SW Adams St

718-720 SW Adams St, Downtown Peoria, Peoria, IL
Property

Industrial

8,700 SF
For Sale

$499,000
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840-908 SW Washington

840-908 SW Washington, South Peoria, Peoria, IL
Property

Industrial

55,632 SF
For Sale

$799,000
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1100 SW Monarch Street

1100 SW Monarch Street, South Peoria, Peoria, IL
Property

Industrial

62,036 SF
Availability

3 Spaces

55,536 SF
Year Built

1956
For Lease

$3.00 - $5.50/SF/YR
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311 Water St

311 Water St, Downtown Peoria, Peoria, IL
Property

Office

20,174 SF
Availability

1 Space

2,565 SF
Year Built

1900
For Lease

$12.50/SF/YR
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Twin Towers Residential Units

123 & 125 SW Jefferson Avenue, Downtown Peoria, Peoria, IL
Property

Multi-Family
For Sale

Based on Quantity
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921 S Bosch Road

921 S Bosch Road, Bellevue, Bartonville, IL
Property

Industrial

5,400 SF
Availability

1 Space

3,200 SF
Year Built

1993
For Lease

$2,000.00/MO
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Red Bull Distribution

3605 N Parish Avenue, Central Peoria, Peoria, IL
Property

Industrial

23,454 SF
For Sale

$2,850,000
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800-825 SW Adams St.

800-825 SW Adams St., South Peoria, Peoria, IL
Property

Office

109,224 SF
Availability

2 Spaces

3,655 SF
Year Built

1917
For Lease

$15.00 - $16.00/SF/YR
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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 West Peoria commercial real estate market incorporates 18,206 square feet of office space across 1 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 West Peoria commercial real estate market includes 9,885 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.

The listing inventory in West 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 West Peoria is represented by Office space, which accounts for 5,678 square feet of available listings. Retail space available in West Peoria adds up to 5,601 square feet.

Meanwhile, most of the listings of commercial property for sale in West 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 West Peoria is $22.74 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 West 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 West 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 $40 per square foot. In particular, the property type commanding the highest lease rates in West Peoria was Office space.

The average size of a commercial property in West 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 West Peoria, the average size of an office property is 18,206 square feet.
Retail properties here incorporate an average of 3,295 square feet.

West Peoria, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in West Peoria currently add up to 11,279 square feet. The market offers 1 active office listing(s), which amount to 5,678 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 5,601 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	5,678
Retail	2	5,601

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 West Peoria, IL. Currently, there is 6,671 square feet of commercial property for sale here , which includes , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	2	6,671

West Peoria, IL Commercial Real Estate for Lease and Sale

Woodridge Professional Building

715 Western Ave Peoria

2504 W Rohmann

KFC

1209 SW Adams St

521 N. Main Street

214 Pecan St.

718-720 SW Adams St

840-908 SW Washington

1100 SW Monarch Street

311 Water St

Twin Towers Residential Units

921 S Bosch Road

Red Bull Distribution

800-825 SW Adams St.

Frequently Asked Questions

West Peoria, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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West 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 West Peoria, IL?

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

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

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

West 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