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    3901 N Prospect Rd Peoria Heights, IL 61616

    Picture of Retail space at N Prospect Rd 3901, Peoria Heights, IL
    For Sale
    $450,000

    Commercial - Peoria Heights, IL

    Property size:
    2,400 SF
    Days on Market:
    42
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 3901 N Prospect Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    14-27-179-019
    Size
    2,400 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Tile, Wood
    Building materials
    Frame, Vinyl Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Jim Maloof Realtor (309) 692-3900 [email protected]

    Listing agent Amber Neal (309) 692-3900 License #475178998

    Listing date Oct 25, 2025

    MLS# PA1261880 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Cigar Lounge For Sale

    Ash Cigar Lounge, a cigar lounge, is available for purchase. This established business is located in Peoria Heights and features a stylish interior and a loyal customer base. The lounge is fully furnished and designed, offering a turnkey operation. It has a strong repeat clientele and an excellent reputation. The sale includes premium cigar inventory and humidors. The space includes comfortable seating areas, TVs, and a well-ventilated smoking environment. The property benefits from street visibility on high-traffic Prospect Road. The property size is 2400 square feet and is zoned B2. The intended use of the property is for a cigar lounge. This is a business opportunity with proven success and room to grow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria Heights
    County
    Peoria
    State
    Illinois
    Longitude
    -89.574557
    Latitude
    40.734353

    Nearby Similar for Sale

    • $289,900
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      Peoria Heights Commercial Opportunity

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      4405 N Prospect Rd, Peoria Heights, IL 61616
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    • $825,000
      5,079 SF

      Turn-Key Restaurant/Bar For Sale

      Turn-key restaurant/bar with patio and ample parking for sale.
      4319 N Prospect Rd, Peoria Heights, IL 61616
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    • $600,000

      Mixed-Use Property in Peoria Heights

      Mixed-use property for sale in Peoria Heights, Illinois.
      1223 E Sciota Ave, Peoria Heights, IL 61616
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    • $1,500,000

      Riverfront Apartment Complex in Peoria Heights

      10-unit apartment building with marina potential.
      4910 Galena Rd, Peoria Heights, IL 61616
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    FAQs

    What type of property is this?
    Retail space - Turn-key cigar lounge with loyal clientele in Peoria Heights.
    Where is this retail space located?
    The property is located at 3901 N Prospect Rd Peoria Heights, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Turnkey operation: Fully furnished and beautifully designed cigar lounge ready for immediate operation.; - Established business: Strong repeat clientele and excellent reputation in the Central Illinois area.; - Prime location: Great street visibility on high-traffic Prospect Road in Peoria Heights.
    (309) 692-3900
    Request Owner's contact information
    3901 N Prospect Rd Peoria Heights, IL 61616
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    Peoria Heights, IL 61616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3901 N Prospect Rd Peoria Heights, IL 61616
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