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

Move-in-ready third-floor suites include shared lobby and restroom access throughout the building.

Property Size1,500 SF - 3,200 SF
Days on Market476

Property Features for 4541 N Prospect Rd

General Information

Standard status Active
Size 1,500 SF - 3,200 SF
Net Rentable 1,500 SF
Total Parking Spaces 125
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 1,500-3,200 SF
Floor 3
Space Use Office
Condition Move-in Ready

Additional Details

Highway Access Yes

Amenities

common area lobby
restrooms on all levels
Listing Agency: Maloof Commercial
Listed By: Jason Miller · License #475164113
Source: Moodyscre
Added: Apr 15, 2025 Changed: Jul 31 Last Checked: Aug 2 at 4:31AM

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.

Updated executive office building offering office suites ranging from 1,500 to 3,200 square feet. Third-floor suites are move-in ready, with potential for approximately 5,200 square feet on the third floor. Common-area lobbies and restrooms are provided on all levels, and the building includes passenger and freight elevators.

The property includes two private parking lots accommodating approximately 125 vehicles. Located at 4541 N Prospect Rd in Peoria Heights, the building offers quick access to IL Rt. 29, Rt. 116, and US Rt. 150.

Key Highlights

  • Office suites ranging from 1,500 sq. ft. to 3,200 sq. ft. available
  • Third‑floor suites are move‑in ready
  • Potential for ±5,200 sq. ft. on 3rd floor

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.55 /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 - Move-in-ready third-floor suites include shared lobby and restroom access throughout the building.
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 $17 SF/Yr.
What are key features of this property?
This property features: Office suites ranging from 1,500 sq. ft. to 3,200 sq. ft. available; Third‑floor suites are move‑in ready; Potential for ±5,200 sq. ft. on 3rd floor
(309) 693-3000 Call to check price and availability
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