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Executive Office Building Suites
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4541 N Prospect Rd, Peoria Heights, IL 61616

Updated multi-level office building offering move-in ready 3rd-floor suites and access to passenger and freight elevators.

Property Size300 SF
Days on Market72

Property Features for 4541 N Prospect Rd

General Information

Standard status Active
Size 300 SF
Property subtype OFFICE
Lease Type SF/mo
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: May 20 Changed: Jul 27 Last Checked: Jul 30 at 9:54AM

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 provides a range of office suites, with available space described at approximately 1,500 to 3,200 square feet. Third-floor suites are noted as move-in ready, and there is potential for up to 1,200 additional square feet on the third floor. The building includes a common area lobby and restrooms on all levels, along with both passenger and freight elevators.

Parking is supported by two private parking lots with capacity for approximately 125± vehicles. For access, the property is described as having quick access to IL Route 29, Route 116, and US Route 150.

Suites are located within the multi-level office configuration, providing common amenities and elevator service for tenant convenience.

Key Highlights

  • 1,500–3,200 sq. ft. available office suites, with 3rd‑floor suites move‑in ready
  • Potential for up to 5,200 sq. ft. on the 3rd floor
  • Two private parking lots for 125± vehicles

Property Analytics

Current Use

Office Units

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

NNN (Triple Net)
Lease Type
$4.50 /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 units - Updated multi-level office building offering move-in ready 3rd-floor suites and access to passenger and freight elevators.
Where is this office units located?
The property is located at 4541 N Prospect Rd Peoria Heights, IL.
What is the lease rate?
The lease rate is $750 /Mo.
What are key features of this property?
This property features: 1,500–3,200 sq. ft. available office suites, with 3rd‑floor suites move‑in ready; Potential for up to 5,200 sq. ft. on the 3rd floor; Two private parking lots for 125± vehicles
(309) 693-3000 Call to check price and availability
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