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Corner Retail Space with Parking
For Sale
Contact for pricing
Pending

4301 N Prospect Rd, Peoria Heights, IL 61616

Corner retail space with on-site parking and recent electrical plus high-efficiency heating and cooling upgrades.

Property SizeContact for details
Days on Market147

Property Features for 4301 N Prospect Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: RE/MAX Traders Unlimited
Listed By: Nathan Steinwedel · License #RMA6758
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Aug 30 at 11:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This retail property features a corner location and on-site parking for convenient customer access. The owner has recently installed new electrical along with new high-efficiency heating and cooling systems. The interior space has also been roughed in for two new ADA-compliant bathrooms, providing a head start on tenant buildout needs.

The property is located at the entrance to the business district of Peoria Heights, offering a visible, straightforward position for a retail user.

For prospective tenants or buyers, the combination of updated building systems and bathroom rough-in can help streamline future improvements and fit-out planning.

Key Highlights

  • Corner retail space at the entrance to the business district of Peoria Heights with on‑site parking
  • Owner recently installed new electrical
  • New high‑efficiency heating and cooling systems

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Daycare Center Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Shops & Services 18% Groceries 9%
McDonald's Dining
23,306 visits/mo 0.4 miles
Starbucks Dining
13,572 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,510 visits/mo 0.4 miles
BP Shops & Services
5,792 visits/mo 0.2 miles
Save-A-Lot Groceries
5,672 visits/mo 0.2 miles

Demographics for 61616, IL

5,966
Population
3,119
Households
1.9
Avg Household Size
38
Median Age
27%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
2,386
Density / Sq Mi
$62,083
Median Household Income
$36,604
Median Earnings
$921
Median Rent
$118,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail space with on-site parking and recent electrical plus high-efficiency heating and cooling upgrades.
Where is this retail space located?
The property is located at 4301 N Prospect Rd Peoria Heights, IL.
What are key features of this property?
This property features: Corner retail space at the entrance to the business district of Peoria Heights with on‑site parking; Owner recently installed new electrical; New high‑efficiency heating and cooling systems
(309) 643-9189 Call to check price and availability
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