Restaurant Building with Banquet
For Lease
Contact for pricing
4538 N Prospect Rd, Peoria Heights, IL 61616
Remodeled restaurant in Peoria Heights with commercial hood, walk-in, and dining plus banquet and lounge areas.
Space Size5,866 SF
Days on Market160
Property Features for 4538 N Prospect Rd
General Information
Standard status
Active
Size
5,866 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Commercial Hood
Yes
Building Details
Year Renovated
2016
Spaces For Lease
at 4538 N Prospect Rd
4538 N Prospect Rd
$12.75/SF/Yr
Floor
Bldg
Size
5,866 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Ready for your restaurant concept!
• Located in Peoria Heights in the heart of restaurant row. This stretch of Prospect is one of the most highly sought after locations for commercial real estate in the area.
• Back of House features a commercial hood and walk-in, a dry stock area, a locking liquor/security room, three bathrooms, a dish area, a manager’s office, and two Back of House point of ingress/egress for employees and deliveries.
• Front of House features a main dining area with pass through window to kitchen, an auxiliary dining area, a rear lounge area formerly used as a Gaming room, a stage, a large party/banquet room, and dual front entrances for patrons.
• Full interior remodel in 2016 and New Roof & HVAC in 2021
Contact us
Listing Agency:
Joseph & Camper Commercial
(309) 691-5919
Listed By:
Steve Reeves · License ##475.190510
(309) 550-0139
Source:
Moodyscre
Added: May 19
Changed: Oct 6
Last Checked: Oct 24 at 6:12PM
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 restaurant building is set up for full foodservice operations, with back-of-house improvements including a commercial hood and walk-in, a dry stock area, and a locking liquor/security room. Additional back-of-house features include a dedicated dish area, a manager’s office, three bathrooms, and two back-of-house point(s) of ingress/egress for employees and deliveries.
Front-of-house space includes a main dining area with a pass-through window to the kitchen, an auxiliary dining area, and a rear lounge area that was formerly used as a gaming room. The layout also includes a stage, a large party/banquet room, and dual front entrances for patrons.
The interior was remodeled in 2016, with a new roof and HVAC installed in 2021.
Front-of-house space includes a main dining area with a pass-through window to the kitchen, an auxiliary dining area, and a rear lounge area that was formerly used as a gaming room. The layout also includes a stage, a large party/banquet room, and dual front entrances for patrons.
The interior was remodeled in 2016, with a new roof and HVAC installed in 2021.
Key Highlights
- Remodeled restaurant in Peoria Heights with Back of House hood and walk‑in
- Back of House includes dry stock area, locking liquor/security room, and manager’s office
- Back of House layout has two employee/delivery ingress/egress points and three bathrooms
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Groceries 35%
BP
Shops & Services
5,792 visits/mo
0.2 miles
Save-A-Lot
Groceries
5,672 visits/mo
0.2 miles
Mobil
Shops & Services
2,633 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
2,084 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Remodeled restaurant in Peoria Heights with commercial hood, walk-in, and dining plus banquet and lounge areas.
Where is this conventional restaurant located?
The property is located at 4538 N Prospect Rd Peoria Heights, IL.
What is the lease rate?
The lease rate is $12.75 SF/Yr.
What are key features of this property?
This property features: Remodeled restaurant in Peoria Heights with Back of House hood and walk‑in; Back of House includes dry stock area, locking liquor/security room, and manager’s office; Back of House layout has two employee/delivery ingress/egress points and three bathrooms
