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Office/Retail Suite with Balcony
For Lease
$23 SF/Yr

4450 N Prospect Rd Ste B1, Peoria Heights, IL 61616

Office suite with reception, private offices, conference room, kitchenette, restroom, plus a balcony overlooking the courtyard.

Space Size1,479 SF
Days on Market32

Property Features for 4450 N Prospect Rd Ste B1

General Information

Standard status Active
Size 1,479 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 1,479 SF
Units 21

Spaces For Lease

at 4450 N Prospect Rd Ste B1 Contact us

Suite S2 $23/SF/Yr

Size
1,479 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Commercialcafe
Added: Jul 20 Changed: Aug 18 Last Checked: Aug 18 at 5:27AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This well-maintained office and retail suite is currently configured for office use and can be converted to retail. The layout includes a reception area, four private offices, a conference room, kitchenette, and a restroom. The suite also features a front entry off Kelly Avenue and a rear entrance that leads to a balcony overlooking the courtyard.

Located on Prospect Road in Peoria Heights, the space benefits from visibility and accessibility from Prospect Road. Property management is on-site.

Fiber optics are available. The surrounding setting includes an open courtyard at Heritage Square, which is described as having a French Quarter-inspired atmosphere with Spanish-style wrought ironwork.

Key Highlights

  • 1,479 SF office suite on Prospect Road, currently set up for office use and convertible to retail
  • Interior layout includes reception, four private offices, conference room, kitchenette, and restroom
  • Front entry off Kelly Avenue with a rear entrance leading to a balcony overlooking the courtyard

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Restaurant Law Firm 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with reception, private offices, conference room, kitchenette, restroom, plus a balcony overlooking the courtyard.
Where is this office units located?
The property is located at 4450 N Prospect Rd Ste B1 Peoria Heights, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1,479 SF office suite on Prospect Road, currently set up for office use and convertible to retail; Interior layout includes reception, four private offices, conference room, kitchenette, and restroom; Front entry off Kelly Avenue with a rear entrance leading to a balcony overlooking the courtyard
More about this property
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