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    4405 N Prospect Rd Peoria Heights, IL 61616

    For Sale
    $289,900

    Commercial - Peoria Heights, IL

    Property size:
    1,650 SF
    Lot size:
    0.23 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 4405 N Prospect Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    14-22-381-022
    Parking
    25
    Size
    1,650 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Concrete
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Other

    Adam Merrick Real Estate (309) 273-1808 [email protected]

    Listing agent Adam Merrick (309) 282-1000 License #471018071

    Listing date Nov 12, 2025

    MLS# PA1261090 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

    Peoria Heights Commercial Opportunity

    This commercial property in Peoria Heights offers an opportunity to own and operate a business in a prime location. The property includes office and warehouse space, featuring three office rooms, two half bathrooms, and two garage bays. The lot can accommodate approximately 25 cars and includes a separate shed for additional storage. The property is zoned commercial and has a total size of 1650 square feet on a 0.23-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Phillips Autobody, H Ti Industrial & Automotive Services Inc, D's Paint & Body Shop Inc., Bill's Automotive, Presley's Garage

    Location Insight

    • Map
    • Local Demand
    City
    Peoria Heights
    County
    Peoria
    State
    Illinois
    Longitude
    -89.574417
    Latitude
    40.740247

    Nearby Similar for Sale

    • $450,000
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      Established Cigar Lounge For Sale

      Turn-key cigar lounge with loyal clientele in Peoria Heights.
      3901 N Prospect Rd, Peoria Heights, IL 61616
      View Details
    • $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.
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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
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property with office, warehouse space, and garage bays.
    Where is this auto shop located?
    The property is located at 4405 N Prospect Rd Peoria Heights, IL.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: - Prime Peoria Heights location with high visibility.; - Office/warehouse space with 3 office rooms.; - Includes 2 half bathrooms.
    (309) 282-1000
    Request Owner's contact information
    4405 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
    4405 N Prospect Rd Peoria Heights, IL 61616
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