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4541 N Prospect Rd, Peoria Heights, IL 61616

Move-in ready third-floor office suites range up to 3,200 sq. ft., with passenger and freight elevators.

Space Size1,356 SF
Days on Market482

Property Features for 4541 N Prospect Rd

General Information

Standard status Active
Size 1,356 SF
Total Parking Spaces 125
Property subtype OFFICE
Lease Type Gross

Additional Details

Highway Access Yes

Amenities

common area lobby
restrooms on all levels
passenger elevator
freight elevator

Building Details

Tenancy Multi

Spaces For Lease

at 4541 N Prospect Rd Contact us

4541 N Prospect Rd $8/SF/Yr

Floor
LL
Size
1,356 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Beautifully updated Executive Office Building - 1,500 sq. ft. - 3,200 sq. ft. available...
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Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: Apr 15, 2025 Changed: Aug 8 Last Checked: Aug 9 at 12:24PM

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 Maloof Commercial

Investment Insights

Based on property information with market context.

This beautifully updated executive office building offers available office suites ranging from 1,500 to 3,200 square feet, with third-floor suites described as move-in ready. The building includes a common lobby and restrooms on all levels and is served by both passenger and freight elevators.

The property provides access to IL Rt. 29, Rt. 116, and US Rt. 150. Parking is accommodated through two private parking lots intended for approximately 125± vehicles.

Additional space potential is noted for up to 5,200 square feet on the third floor.

Key Highlights

  • Move‑in ready third‑floor office suites available up to 3,200 sq. ft.
  • 1,500 sq. ft. to 3,200 sq. ft. available across office suites.
  • Building includes passenger and freight elevators and common area lobby/restrooms on all levels.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Daycare Center Garden Center (Bike/Boat/Book/etc) Store 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
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 building - Move-in ready third-floor office suites range up to 3,200 sq. ft., with passenger and freight elevators.
Where is this office building located?
The property is located at 4541 N Prospect Rd Peoria Heights, IL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Move‑in ready third‑floor office suites available up to 3,200 sq. ft.; 1,500 sq. ft. to 3,200 sq. ft. available across office suites.; Building includes passenger and freight elevators and common area lobby/restrooms on all levels.
(309) 693-3000 Call to check price and availability
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