Financial
Distress signals
Property profile

4541 N Prospect Rd Peoria Heights, IL 61616

FOR LEASE
Other commercial real estate
Property ID
US28-1548494
Last sale Feb 2025 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An updated executive office building configured with office suites measuring approximately 1,500 to 3,200 square feet, with third-floor space that can be combined to provide up to approximately 5,200 square feet. The property includes two private parking lots with capacity for approximately 125 vehicles, common-area lobbies and restrooms on each level, and both passenger and freight elevators. The building is positioned for quick access to Illinois Route 29, Route 116, and U.S. Route 150.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$93k
Tax billed · 2023
Assessed value$1.03M
Assessed land$240k
Assessed improvement$793k
Effective rate8.96%

Value estimate

· Sep 2026
$2.38M
$2.14M – $2.61M
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$5k
Operating expenses−$6k
NOI · 218,912.50% cap applied$18k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
218,912.50%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPEORIA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.4
Parking Facility10.1
Daycare Center10.0

Location

4541 N Prospect Rd Peoria Heights, IL 61616
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5619 Galena, Peoria Heights, IL 61616-4403 $330,000 Jan 2026 No data
1201 Duryea, Peoria Heights, IL 61616-6431 $335,000 Jul 2025 No data
Poplar, Peoria Heights, IL 61616 $20,000 Mar 2025 No data
5533 Galena, Peoria Heights, IL 61616-4447 $2,418,000 Dec 2024 No data
Peoria Heights, IL 61616 $2,418,000 Dec 2024 No data
901 War Memorial, Peoria Heights, IL 61616 $250,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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