Search
Corner Restaurant with Covered Patio
For Sale
Contact for pricing

4313 N Prospect Road, Peoria Heights, IL 61616

Full-service layout includes dining, bar, patio, and commercial kitchen areas.

Property SizeContact for details
Days on Market143

Property Features for 4313 N Prospect Road

General Information

Standard status Active
Property subtype Special Purpose, Land

Restaurant

Patio Yes
Equipment Included No

Additional Details

Furnished No
Traffic Count 11,200 vehicles/day
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Leah Erickson · License #475.204597
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:23PM

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 Coldwell Banker Commercial Real Estate Group

Investment Insights

Based on property information with market context.

Restaurant property at 4313 N. Prospect Road in Peoria Heights, Illinois, positioned on a corner with a dedicated turning lane and parking area. The interior includes a 40x45 main dining room and a 20x56 bar area with a 26-foot bar, cooler with 14 beer taps, soda machine, sinks, and patio service window. Dining options extend outdoors to both covered and open patio areas.

The 28x23 kitchen is equipped with two walk-in coolers, rolling coolers and freezers, an ice machine, ProPower dishwasher, fryers, flat-top grills, warming drawers, ovens, six-burner stoves, and stainless steel prep tables. Furniture and operating items include booths, dining and bar seating, outdoor tables and chairs, POS systems, a TouchTunes machine, gaming license, and event presentation screen. The offering may be acquired with or without the existing business. An additional parking parcel is included, providing 125' of frontage along N. Prospect and 106' along E. Scotia Ave. Street exposure is 11,200 VPD.

Key Highlights

  • 40x45 main dining area plus 20x56 bar area with a 26‑foot bar
  • 28x23 commercial kitchen with two walk‑in coolers and extensive cooking equipment
  • Covered and open patio dining with a service window for patio orders

Property Analytics

Current Use

Conventional restaurants

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.

Lease Details

11,200 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service layout includes dining, bar, patio, and commercial kitchen areas.
Where is this conventional restaurant located?
The property is located at 4313 N Prospect Road Peoria Heights, IL.
What are key features of this property?
This property features: 40x45 main dining area plus 20x56 bar area with a 26‑foot bar; 28x23 commercial kitchen with two walk‑in coolers and extensive cooking equipment; Covered and open patio dining with a service window for patio orders
(815) 553-2406 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message