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    4425 N Prospect Rd Peoria Heights, IL 61616

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    For Lease
    Contact for pricing

    Four-story mixed-use building with retail and office space.

    Property size:
    46,800 SF
    Lot size:
    1.71 Acres

    Property Features for 4425 N Prospect Rd

    General Information

    Size
    46,800 SF
    Lot size
    1.71 Acres

    Source: Maloof Commercial Agent Jason Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Mixed-Use Development

    A mixed-use, multi-tenant development is coming soon, featuring a four-story building with ground floor retail space and outdoor dining. The upper three floors are available for build-to-suit office spaces. The floors or spaces can be divided to suit specific needs, offering the opportunity to create a customized office environment in a brand new building. The property has a total size of 46,800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria Heights
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5747993
    Latitude
    40.7413246

    Nearby Similar for Lease

    • Contact for pricing
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      Peoria Heights Retail/Office Space

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      2,800 SF

      Peoria Heights Commercial Space Available

      Prime Peoria Heights Office/Retail Space for Lease
      924 Glen Ave, Peoria Heights, IL 61616
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    • $15 SF/Yr
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      Prospect Road Office Space

      Peoria Heights Office: 1560 sq ft
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      Updated Executive Office Suites Available

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    FAQs

    What type of property is this?
    Office building - Four-story mixed-use building with retail and office space.
    Where is this office building located?
    The property is located at 4425 N Prospect Rd Peoria Heights, IL.
    What are key features of this property?
    This property features: - Brand new, 4-story mixed-use development.; - Ground floor retail space with outdoor dining.; - Upper 3 floors available for build-to-suit office space.
    (309) 693-3000
    Request Owner's contact information
    4425 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
    4425 N Prospect Rd Peoria Heights, IL 61616
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