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Office/Retail Suite with Balcony
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4450 N Prospect Rd, 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 Market97

Property Features for 4450 N Prospect Rd

General Information

Standard status Active
Size 1,479 SF
Property subtype OFFICE
Lease Type Gross

Spaces For Lease

at 4450 N Prospect Rd
4450 N Prospect Rd $25/SF/Yr
Floor 1
Size 1,479 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
-Prime office/retail space available on Prospect Road in Peoria Heights. -Space is 1,479 SF and currently setup for office use but could be converted to retail. -Setup includes reception area, four private offices, conference room, kitchenette and a restroom. -Front entry off of Kelly Avenue with a rear entrance leading to the balcony overlooking the courtyard. -Excellent visibility and accessibility from Prospect Road. -Building is well maintained with property management on-site. -Heritage Square offers a unique atmosphere that was inspired by the French Quarter with Spanish style wrought ironwork and an open courtyard. -Fiber optics available.
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Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Jul 20 Changed: Oct 3 Last Checked: Oct 24 at 2:35PM

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

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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

Contact the owner directly Get the owner's phone numbers and email
Open 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
$3.75 /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
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

Frequently Asked Questions

What type of property is this?
Office unit - Office suite with reception, private offices, conference room, kitchenette, restroom, plus a balcony overlooking the courtyard.
Where is this office unit located?
The property is located at 4450 N Prospect Rd Peoria Heights, IL.
What is the lease rate?
The lease rate is $25 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
(309) 643-0717 Call to check price and availability
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