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Peoria Heights, IL

Peoria Heights, IL Commercial Real Estate for Sale

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Peoria, IL Bartonville, IL East Peoria, IL

Turn-Key Restaurant/Bar For Sale

Updated: Nov 27, 2025

Turn-Key Restaurant/Bar For Sale

4319 N Prospect, Peoria Heights, IL

$775,000

5,079 sqft · 0.54 AC lot

Turn‑key restaurant/bar ready for immediate operation.
Large side patio significantly expands seating capacity.
Seating for ±150 in dining room and bar.
Fully equipped kitchen with Vulcan convection oven and walk‑in cooler/freezer.
Walk‑in beer cooler directly attached to the bar.

This listing looks promising.

Here's a quick look at some key insights for

4319 N Prospect, Peoria Heights, IL

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$61K
Annual
Mortgage

$283K
Dec 2022
Last Sold

Dec 2022
$565K

View Property Analytics

Cigar Lounge Restaurant

Updated: Oct 24, 2025

Cigar Lounge Restaurant

3901 N PROSPECT Road, Peoria Heights, IL 61616

$450,000

Ash Cigar Lounge in Peoria Heights—an established cigar lounge concept with a loyal customer base
Fully furnished interior and included premium cigar inventory and humidors
Natural gas heating with central air cooling
Flooring includes tile, carpet, and wood
Vinyl siding and frame construction with a composition roof

Prime Peoria Heights Development Opportunity

Prime Peoria Heights Development Opportunity

1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616

$1,050,000

5,776 sqft

1.41 acres in Peoria Heights with retail building and development potential.

Multifamily Community with Marina Potential

Multifamily Community with Marina Potential

4910 N Galena Rd, Peoria Heights, IL 61616

$1,500,000

Multifamily property with marina on the Illinois River.

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 76 Potential Opportunities for your consideration. Besides 4 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Corner Retail and Automotive Building

Corner Retail and Automotive Building

3037 N Prospect Road, Peoria, IL 61603

$125,000

1,144 sqft

High-traffic corner lot with newer siding and updated office space for automotive or smaller retail uses.

Prime Peoria Redevelopment Opportunity

Prime Peoria Redevelopment Opportunity

1101 W War Memorial Dr, Peoria, IL 61604

$700,000

59 sqft

Corner lot for retail or service use in Peoria, Illinois.

Peoria Heights Office For Sale

Peoria Heights Office For Sale

3310 N Prospect Rd, Peoria, IL 61603

$329,000

5,784 sqft

5,784 SF office space available for sale or lease.

Corner Lot Office Building

Corner Lot Office Building

3105 N Prospect Rd, Peoria, IL

$129,900

1,548 sqft · 0.17 AC lot

Office building with six offices, reception area, and parking.

Off-Market Properties in Peoria Heights, IL

Consider similar Off-Market properties in Peoria Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

5619 Galena Rd, Peoria Heights, IL 61616-4403

Value Estimation by Request

1.45 AC lot

4541 Prospect Rd

COMMERCIAL (GENERAL)

4541 Prospect Rd, Peoria Heights, IL 61616-6529

$2,375,000

Estimated value

1201 Duryea Ave

COMMERCIAL (GENERAL)

1201 Duryea Ave, Peoria Heights, IL 61616-6431

Value Estimation by Request

COMMERCIAL (GENERAL)

Poplar Ln, Peoria Heights, IL 61616

Value Estimation by Request

0.58 AC lot

COMMERCIAL (GENERAL)

Galena Rd, Peoria Heights, IL 61616

Value Estimation by Request

2.59 AC lot

COMMERCIAL (GENERAL)

5533 Galena Rd, Peoria Heights, IL 61616-4447

$2,420,000

Estimated value

5.92 AC lot

Peoria Heights, IL 61616

COMMERCIAL (GENERAL)

Peoria Heights, IL 61616

$2,420,000

Estimated value

0.94 AC lot

1605 Gardner Ln

COMMERCIAL (GENERAL)

1605 Gardner Ln, Peoria Heights, IL 61616

Value Estimation by Request

0.09 AC lot

901 War Memorial Dr

COMMERCIAL (GENERAL)

901 War Memorial Dr, Peoria Heights, IL 61616

Value Estimation by Request

827 War Memorial Dr

COMMERCIAL (GENERAL)

827 War Memorial Dr, Peoria Heights, IL 61616-7675

Value Estimation by Request

1,728 sqft

COMMERCIAL (GENERAL)

Prospect Rd, Peoria Heights, IL 61616

$1,075,000

Estimated value

4425 Prospect Rd

COMMERCIAL (GENERAL)

4425 Prospect Rd, Peoria Heights, IL 61616-6552

$900,000

Estimated value

4408 Prospect Rd

COMMERCIAL (GENERAL)

4408 Prospect Rd, Peoria Heights, IL 61616-6540

Value Estimation by Request

1224 Duryea Ave

COMMERCIAL (GENERAL)

1224 Duryea Ave, Peoria Heights, IL 61616

$2,000,000

Estimated value

1220 Duryea Ave

COMMERCIAL (GENERAL)

1220 Duryea Ave, Peoria Heights, IL 61616

$2,000,000

Estimated value

1230 Duryea Ave

COMMERCIAL (GENERAL)

1230 Duryea Ave, Peoria Heights, IL 61616

$2,000,000

Estimated value

1232 Duryea Ave

COMMERCIAL (GENERAL)

1232 Duryea Ave, Peoria Heights, IL 61616

$2,000,000

Estimated value

4615 Prospect Rd

COMMERCIAL (GENERAL)

4615 Prospect Rd, Peoria Heights, IL 61616

$2,000,000

Estimated value

1629 Gardner Ln

COMMERCIAL (GENERAL)

1629 Gardner Ln, Peoria Heights, IL 61616-3613

$3,030,000

Estimated value

4606 Prospect Rd

COMMERCIAL (GENERAL)

4606 Prospect Rd, Peoria Heights, IL 61616-6459

Value Estimation by Request

Peoria Heights, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Peoria Heights, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,855 square feet of properties for sale, with an estimated market value of $1,825,000.

Sale prices for business properties in Peoria Heights, IL start at $775,000, averaging $912,500, and reaching up to $1,050,000 — 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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Demographics Overview

Population 5,834

Population Growth (5Y) -1.3%

Median Household Income $62,083

College Educated 40.4%

High-Yield Neighborhoods for Investment

Identify Peoria Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61616	$1M

Taxes & Financing

Tax Rate (average for all types) 8.92%

Property Tax per SF $2.11 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 Heights fall within the 50,000 to 100,000 square foot range.

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