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4425 N Prospect Rd, Peoria Heights, IL 61616

Four-story mixed-use building with retail and office space.

Space Size16,000 SF
Property Size32,000 SF
Days on Market289

Property Features for 4425 N Prospect Rd

General Information

Standard status Active
Size 16,000 SF
Class A
Property subtype Office

Building Details

Building Size 32,000 SF
Year Built 2026

Spaces For Lease

at 4425 N Prospect Rd Contact us

4425 N. Prospect Rd

Size
16,000 SF
Term
Negotiable
Contact us
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #IL #475.124025
Source: Maloofcom
Added: Nov 24, 2025 Changed: Sep 5 Last Checked: Sep 8 at 4:58AM

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.

A mixed-use, multi-tenant development is coming soon, featuring a four-story building with ground floor retail space and outdoor dining. The upper three floors are available for build-to-suit office spaces. The floors or spaces can be divided to suit specific needs, offering the opportunity to create a customized office environment in a brand new building. The property has a total size of 46,800 square feet.

Key Highlights

  • Brand new, 4‑story mixed‑use development.
  • Ground floor retail space with outdoor dining.
  • Upper 3 floors available for build‑to‑suit office space.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility Garden Center Law Firm

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Four-story mixed-use building with retail and office space.
Where is this office building located?
The property is located at 4425 N Prospect Rd Peoria Heights, IL.
What are key features of this property?
This property features: Brand new, 4‑story mixed‑use development.; Ground floor retail space with outdoor dining.; Upper 3 floors available for build‑to‑suit office space.
More about this property
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