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    3310 N Prospect Rd Peoria, IL 61603

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    For Lease
    $390,000

    Office building with open floor plan and on-site parking.

    Property size:
    6,504 SF
    Lot size:
    0.26 Acres

    Property Features for 3310 N Prospect Rd

    General Information

    Size
    6,504 SF
    Lot size
    0.26 Acres

    Source: Maloof Commercial Agent Madison Maloof

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

    Overview

    6,504 SF Office Building

    This 6,504 square foot office building is zoned Prospect Road Form District. The 720 square foot upper level includes a reception area, storage space, and a small restroom. The main level features an open floor plan suitable for various uses. The property also includes a partial unfinished basement and ample on-site parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    IGROW CENTRAL ILLINOIS Medical Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5740776
    Latitude
    40.7276228

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    FAQs

    What type of property is this?
    Office building - Office building with open floor plan and on-site parking.
    Where is this office building located?
    The property is located at 3310 N Prospect Rd Peoria, IL.
    What are key features of this property?
    This property features: - 6,504 SF office building; - Zoned Prospect Road Form District; - Ample on-site parking
    (309) 693-3000
    Request Owner's contact information
    3310 N Prospect Rd Peoria, IL 61603
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    Peoria, IL 61603
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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
    3310 N Prospect Rd Peoria, IL 61603
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